Fastly (NYSE:FSLY) CEO Charles Lacey Compton III Sells 15,028 Shares

Fastly, Inc. (NYSE:FSLY) CEO Charles Lacey Compton III sold 15,028 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $16.96, for a total transaction of $254,874.88. Following the completion of the transaction, the chief executive officer directly owned 1,073,258 shares in the company, valued at $18,202,455.68. This trade represents a 1.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Charles Lacey Compton III also recently made the following trade(s):

• On Tuesday, May 19th, Charles Lacey Compton III sold 11,275 shares of Fastly stock. The shares were sold at an average price of $16.48, for a total value of $185,812.00.
• On Monday, May 18th, Charles Lacey Compton III sold 34,334 shares of Fastly stock. The shares were sold at an average price of $16.85, for a total value of $578,527.90.
• On Friday, April 17th, Charles Lacey Compton III sold 7,059 shares of Fastly stock. The stock was sold at an average price of $24.57, for a total value of $173,439.63.
• On Thursday, April 16th, Charles Lacey Compton III sold 22,474 shares of Fastly stock. The stock was sold at an average price of $24.33, for a total transaction of $546,792.42.
• On Thursday, March 5th, Charles Lacey Compton III sold 36,694 shares of Fastly stock. The shares were sold at an average price of $20.69, for a total transaction of $759,198.86.
• On Wednesday, March 4th, Charles Lacey Compton III sold 73,206 shares of Fastly stock. The stock was sold at an average price of $20.94, for a total value of $1,532,933.64.

Fastly Stock Up 8.9%

Shares of NYSE FSLY opened at $20.77 on Wednesday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.16. The company has a market cap of $3.25 billion, a P/E ratio of -21.64 and a beta of 0.49. Fastly, Inc. has a 52 week low of $6.29 and a 52 week high of $34.82. The business has a 50-day simple moving average of $23.99 and a two-hundred day simple moving average of $16.95.

Fastly News Roundup

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly’s recent commentary has highlighted stronger security growth, a raised 2026 revenue outlook, and new AI-focused developer tools, which are helping the market view the company as a beneficiary of edge-computing and AI infrastructure spending. Fastly shares jump as AI-infrastructure optimism and recent guidance raise keep buyers engaged
• Positive Sentiment: Multiple Wall Street firms have recently set price targets above the current trading range, including KeyBanc and Piper Sandler at $27, which suggests analysts still see upside in the name. Fastly shares jump as AI-infrastructure optimism and recent guidance raise keep buyers engaged
• Positive Sentiment: Fastly’s large share-price run over the past year has kept momentum investors engaged, and a recent conference presentation likely helped keep attention on the story. Fastly, Inc. (FSLY) Presents at 46th Annual William Blair Growth Stock Conference Transcript
• Neutral Sentiment: A new article questioned whether Fastly is still attractive after its sharp one-year rally, reflecting a valuation debate rather than a clear operating update. Is It Too Late To Reassess Fastly (FSLY) After Its 169% One Year Surge?
• Negative Sentiment: Recent insider sales by the CEO, CTO, president, and a director may create some caution, even though some of the trades were pre-planned. MarketBeat FSLY insider trading coverage
• Negative Sentiment: Older coverage also noted that Fastly’s record first-quarter results did not fully ease growth concerns, reminding investors that the company still faces skepticism about the durability of its expansion. Stock Market Today, May 7: Fastly Shares Plunge After Record Q1 Results Fail to Ease Growth Concerns

Wall Street Analyst Weigh In

FSLY has been the topic of a number of research analyst reports. Raymond James Financial upgraded Fastly from a “market perform” rating to an “outperform” rating and set a $23.00 target price on the stock in a research note on Friday, May 8th. Citigroup boosted their price objective on Fastly from $13.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Piper Sandler decreased their price objective on shares of Fastly to $27.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. Royal Bank Of Canada dropped their target price on shares of Fastly to $18.00 and set a “sector perform” rating for the company in a research report on Thursday, May 7th. Finally, KeyCorp boosted their price target on shares of Fastly from $14.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $22.63.

Institutional Investors Weigh In On Fastly

A number of hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC grew its stake in shares of Fastly by 39.8% during the first quarter. EverSource Wealth Advisors LLC now owns 2,204 shares of the company’s stock valued at $64,000 after buying an additional 627 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Fastly by 84.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,381 shares of the company’s stock valued at $40,000 after acquiring an additional 633 shares during the period. Kestra Advisory Services LLC boosted its holdings in Fastly by 8.4% during the 4th quarter. Kestra Advisory Services LLC now owns 11,970 shares of the company’s stock valued at $122,000 after acquiring an additional 930 shares during the period. Arizona State Retirement System grew its position in Fastly by 3.2% during the 3rd quarter. Arizona State Retirement System now owns 40,705 shares of the company’s stock worth $348,000 after acquiring an additional 1,253 shares during the last quarter. Finally, Parallax Volatility Advisers L.P. increased its stake in Fastly by 13.8% in the 3rd quarter. Parallax Volatility Advisers L.P. now owns 12,095 shares of the company’s stock worth $103,000 after purchasing an additional 1,465 shares during the period. 79.71% of the stock is currently owned by institutional investors.

Fastly Company Profile

Fastly, Inc operates an edge cloud platform designed to accelerate, secure and enable modern digital experiences. The company offers a suite of services including a content delivery network (CDN), edge compute, load balancing, web application firewall (WAF) and DDoS protection. Fastly’s real-time architecture allows customers to seamlessly deploy software logic at the network edge, reducing latency by bringing applications and content closer to end users.

Founded in 2011 by Artur Bergman, Fastly has evolved from a pure-play CDN provider into a comprehensive edge cloud platform.