Insider Selling: Fastly (NASDAQ:FSLY) CTO Sells 379,602 Shares of Stock

Posted by Kim Johansen on Sep 25th, 2026

Fastly, Inc. (NASDAQ:FSLY – Get Free Report) CTO Artur Bergman sold 379,602 shares of Fastly stock in a transaction on Wednesday, September 23rd. The stock was sold at an average price of $30.16, for a total transaction of $11,448,796.32. Following the sale, the chief technology officer directly owned 1,138,358 shares of the company’s stock, valued at approximately $34,332,877.28. This trade represents a 25.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Artur Bergman also recently made the following trade(s):

On Tuesday, September 22nd, Artur Bergman sold 27,900 shares of Fastly stock. The shares were sold at an average price of $27.82, for a total value of $776,178.00.
On Monday, September 21st, Artur Bergman sold 49,146 shares of Fastly stock. The stock was sold at an average price of $27.38, for a total value of $1,345,617.48.
On Thursday, September 17th, Artur Bergman sold 2,200 shares of Fastly stock. The stock was sold at an average price of $25.30, for a total value of $55,660.00.
On Monday, September 14th, Artur Bergman sold 31,079 shares of Fastly stock. The shares were sold at an average price of $24.53, for a total value of $762,367.87.
On Tuesday, September 15th, Artur Bergman sold 2,500 shares of Fastly stock. The stock was sold at an average price of $25.14, for a total value of $62,850.00.
On Wednesday, September 9th, Artur Bergman sold 8,960 shares of Fastly stock. The shares were sold at an average price of $22.72, for a total value of $203,571.20.
On Tuesday, September 8th, Artur Bergman sold 300 shares of Fastly stock. The stock was sold at an average price of $22.51, for a total transaction of $6,753.00.
On Thursday, September 3rd, Artur Bergman sold 18,519 shares of Fastly stock. The shares were sold at an average price of $20.90, for a total transaction of $387,047.10.
On Thursday, September 3rd, Artur Bergman sold 17,576 shares of Fastly stock. The stock was sold at an average price of $20.66, for a total transaction of $363,120.16.
On Monday, August 31st, Artur Bergman sold 6,225 shares of Fastly stock. The stock was sold at an average price of $23.00, for a total transaction of $143,175.00.

Fastly Price Performance

FSLY stock traded down $1.72 on Friday, reaching $24.96. 9,619,970 shares of the company’s stock were exchanged, compared to its average volume of 9,408,888. The firm has a market cap of $3.98 billion, a PE ratio of -47.09 and a beta of 0.36. Fastly, Inc. has a twelve month low of $7.74 and a twelve month high of $34.82. The stock has a fifty day moving average of $23.67 and a 200-day moving average of $22.65. The company has a quick ratio of 3.36, a current ratio of 3.36 and a debt-to-equity ratio of 0.33.

Fastly (NASDAQ:FSLY – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.08. Fastly had a negative net margin of 11.80% and a negative return on equity of 6.31%. The company had revenue of $183.32 million for the quarter, compared to analyst estimates of $173.94 million. Fastly has set its FY 2026 guidance at 0.500-0.540 EPS and its Q3 2026 guidance at 0.110-0.130 EPS. As a group, equities analysts predict that Fastly, Inc. will post -0.29 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FSLY. Integrated Wealth Concepts LLC bought a new stake in Fastly during the second quarter valued at $48,000. IFP Advisors Inc increased its holdings in shares of Fastly by 1,621.7% during the second quarter. IFP Advisors Inc now owns 1,429 shares of the company’s stock valued at $26,000 after purchasing an additional 1,346 shares during the period. Spark Investment Management LLC acquired a new stake in Fastly in the second quarter worth about $340,000. Nykredit A S acquired a new stake in shares of Fastly in the 2nd quarter worth approximately $77,000. Finally, AlphaGrep UK Ltd bought a new position in shares of Fastly in the second quarter valued at approximately $366,000. 79.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Evercore reissued an “outperform” rating on shares of Fastly in a research note on Wednesday. Bank of America upped their target price on Fastly from $20.00 to $22.00 and gave the company an “underperform” rating in a research note on Wednesday. Canaccord Genuity Group began coverage on shares of Fastly in a report on Friday, July 17th. They set a “buy” rating and a $27.00 price objective on the stock. Royal Bank Of Canada reissued a “sector perform” rating and set a $25.00 price objective on shares of Fastly in a research note on Wednesday. Finally, Freedom Broker raised their price objective on Fastly from $32.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Fastly currently has a consensus rating of “Hold” and an average price target of $26.73.

Read Our Latest Stock Report on Fastly

Trending Headlines about Fastly

Here are the key news stories impacting Fastly this week:

Positive Sentiment: Fastly outlined a long-term growth strategy targeting approximately 14%–21% annual revenue growth through 2029. Management is positioning the company as an edge cloud, security and compute platform rather than solely a content-delivery network. Fastly long-term growth targets
Positive Sentiment: The launch of AI Firewall, AI Runtime Control and expanded API-security capabilities gives Fastly new products aimed at protecting AI applications and agentic traffic. These offerings could broaden its addressable market and support its AI growth narrative. Fastly AI Firewall analysis
Positive Sentiment: Several analysts remain constructive: Freedom Broker reportedly raised its price target to $37 from $32, while other firms maintain buy or overweight ratings. Heavy call-option activity also indicates continued speculative interest in further upside.
Neutral Sentiment: Analyst opinion is divided. DA Davidson raised its target to $23 but retained a neutral rating, and the broader consensus remains around “Hold,” with a target near $26.73. BofA also views the platform expansion positively but says the AI opportunity is not yet proven.
Negative Sentiment: Citi analyst Fatima Boolani questioned whether AI-assistant traffic— including traffic associated with Meta’s Muse—will produce sufficient monetization for Fastly. That skepticism has undermined the recent AI-driven rally and prompted investors to reassess the stock’s valuation. Citi Fastly AI monetization analysis
Negative Sentiment: Fastly’s CTO Artur Bergman disclosed sales totaling 77,046 shares for roughly $2.1 million during September. The transactions were conducted under a prearranged Rule 10b5-1 plan and he still retains a substantial stake, limiting their bearish significance, but they add to investor caution after the stock’s strong advance.

About Fastly

(Get Free Report)

Fastly, Inc is a cloud computing company that provides an edge cloud platform for delivering, securing and accelerating digital experiences. Its platform processes and serves applications, websites, APIs, streaming media and other internet content closer to end users, helping organizations improve performance, reliability and control.

Fastly’s product portfolio includes content delivery and application performance services, application programming interface (API) security, web application and bot protection, distributed denial-of-service (DDoS) mitigation, and edge compute capabilities.