Christopher Paisley Sells 1,000 Shares of Fastly (NYSE:FSLY) Stock

Fastly, Inc. (NYSE:FSLY) Director Christopher Paisley sold 1,000 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $16.96, for a total transaction of $16,960.00. Following the sale, the director directly owned 5,227 shares of the company’s stock, valued at approximately $88,649.92. This trade represents a 16.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fastly Trading Up 0.3%

FSLY stock opened at $20.83 on Thursday. The firm has a fifty day moving average price of $23.74 and a 200 day moving average price of $17.08. Fastly, Inc. has a fifty-two week low of $6.29 and a fifty-two week high of $34.82. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.46. The firm has a market cap of $3.26 billion, a PE ratio of -21.70 and a beta of 0.49.

Analyst Ratings Changes

Several analysts have recently weighed in on FSLY shares. Citigroup lifted their target price on Fastly from $13.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. DA Davidson set a $13.00 target price on Fastly in a research report on Thursday, February 12th. Craig Hallum downgraded Fastly from a “buy” rating to a “hold” rating and set a $24.00 target price for the company. in a research report on Tuesday, April 14th. KeyCorp lifted their target price on Fastly from $14.00 to $27.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Royal Bank Of Canada decreased their price objective on Fastly to $18.00 and set a “sector perform” rating for the company in a report on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $22.63.

Key Stories Impacting Fastly

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly’s recent update highlighted stronger security growth, a higher 2026 revenue guidance range, and new AI-oriented tooling, reinforcing the bull case for its edge platform. Fastly shares jump as AI-infrastructure optimism and recent guidance raise keep buyers engaged
• Positive Sentiment: Analysts have remained constructive, with recent price targets from firms such as KeyBanc and Piper Sandler above the current trading range, which can help attract buyers. Fastly shares jump as AI-infrastructure optimism and recent guidance raise keep buyers engaged
• Positive Sentiment: The stock’s sharp one-year run has kept momentum investors engaged, and Fastly’s conference presentation likely helped maintain visibility around the story. Fastly, Inc. (FSLY) Presents at 46th Annual William Blair Growth Stock Conference Transcript
• Neutral Sentiment: One recent article questioned whether Fastly is still attractive after its big rally, reflecting a valuation debate rather than a clear change in fundamentals. Is It Too Late To Reassess Fastly (FSLY) After Its 169% One Year Surge?
• Negative Sentiment: Recent insider selling by the CEO, CTO, and a director may create some caution, even though at least one trade was made under a pre-arranged 10b5-1 plan. Fastly (NYSE:FSLY) Director Christopher Paisley Sells 1,000 Shares
• Negative Sentiment: Older coverage also noted that Fastly’s strong first-quarter results did not fully calm growth concerns, which may limit upside if investors demand more proof of sustained execution. Stock Market Today, May 7: Fastly Shares Plunge After Record Q1 Results Fail to Ease Growth Concerns

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in FSLY. PNC Financial Services Group Inc. increased its position in shares of Fastly by 84.6% during the first quarter. PNC Financial Services Group Inc. now owns 1,381 shares of the company’s stock worth $40,000 after purchasing an additional 633 shares in the last quarter. Sound Income Strategies LLC purchased a new stake in Fastly in the 1st quarter valued at $44,000. EverSource Wealth Advisors LLC grew its holdings in Fastly by 39.8% in the 1st 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 in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Fastly during the 4th quarter worth $41,000. Finally, Align Financial LLC purchased a new position in shares of Fastly during the 4th quarter worth $41,000. 79.71% of the stock is owned by institutional investors and hedge funds.

About Fastly

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.