Fastly (NYSE:FSLY) CEO Charles Lacey Compton III Sells 14,868 Shares of Stock

Fastly, Inc. (NYSE:FSLY) CEO Charles Lacey Compton III sold 14,868 shares of Fastly stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $25.00, for a total value of $371,700.00. Following the completion of the transaction, the chief executive officer owned 1,030,592 shares of the company’s stock, valued at approximately $25,764,800. This trade represents a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, June 3rd, Charles Lacey Compton III sold 9,313 shares of Fastly stock. The stock was sold at an average price of $20.79, for a total value of $193,617.27.
• On Friday, May 29th, Charles Lacey Compton III sold 15,028 shares of Fastly stock. The shares were sold at an average price of $16.96, for a total value of $254,874.88.
• 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 stock was sold at an average price of $16.85, for a total transaction of $578,527.90.

Fastly Stock Down 12.9%

FSLY stock opened at $22.68 on Friday. The company’s 50 day moving average price is $19.53 and its 200 day moving average price is $19.99. The firm has a market capitalization of $3.55 billion, a price-to-earnings ratio of -23.62 and a beta of 0.34. Fastly, Inc. has a fifty-two week low of $6.70 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.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Royal Bank Of Canada raised their price objective on shares of Fastly from $22.00 to $28.00 and gave the company a “sector perform” rating in a report on Thursday. Evercore reissued an “outperform” rating on shares of Fastly in a report on Thursday. Canaccord Genuity Group initiated coverage on Fastly in a research note on Friday, July 17th. They issued a “buy” rating and a $27.00 price target on the stock. Freedom Capital raised Fastly to a “strong-buy” rating in a report on Thursday, July 16th. Finally, Piper Sandler lifted their price target on Fastly from $27.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $25.33.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of FSLY. PNC Financial Services Group Inc. lifted its position in Fastly by 84.6% in the first 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 last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Fastly in the 4th quarter valued at about $41,000. Align Financial LLC purchased a new stake in shares of Fastly in the 4th quarter valued at about $41,000. Sound Income Strategies LLC acquired a new stake in shares of Fastly in the 1st quarter valued at about $44,000. Finally, Quarry LP acquired a new position in Fastly during the third quarter worth approximately $49,000. Institutional investors and hedge funds own 79.71% of the company’s stock.

Key Fastly News

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly reported record second-quarter revenue of $183.3 million, up approximately 23% year over year, while non-GAAP earnings of $0.15 per share exceeded the $0.07 consensus estimate. Security revenue grew 43%, supported by demand for AI-related traffic protection, and gross margin reached a record 65.8%. Fastly Q2 Earnings Beat as Security Growth Spurs 2026 Outlook Hike
• Positive Sentiment: The company raised its 2026 outlook, including full-year adjusted EPS guidance of $0.50 to $0.54. Third-quarter revenue guidance of $184 million to $190 million and adjusted EPS guidance of $0.11 to $0.13 also came in above Wall Street expectations. Fastly Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Analysts raised their price targets following the report. KeyBanc increased its target to $30 and maintained an overweight rating, while RBC raised its target to $28 and kept a sector-perform rating, indicating continued confidence in Fastly’s execution and growth prospects.
• Neutral Sentiment: Fastly’s partnership with Experian’s Agent Trust ecosystem remains a longer-term catalyst, potentially helping enterprises verify AI agents, authorize transactions and apply identity-based security policies at the network edge.
• Negative Sentiment: The stock’s strong prior performance appears to have left high expectations embedded in its valuation. Analysts noted that the shares may look expensive, leaving limited room for disappointment even after the earnings beat and guidance increase. Fastly Stock Looks Overvalued Despite a Strong Return
• Negative Sentiment: CEO Charles Lacey Compton III sold 14,868 shares for approximately $371,700. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan and reduced his direct holdings by about 1.42%, making it a limited concern but a possible source of short-term selling pressure.

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.