Fastly (FSLY) CTO Bergman Artur Sells $90K of Stock

Artur Bergman, the Chief Technology Officer of Fastly, Inc. (NasdaqGS: FSLY), sold 3,002 shares on October 9, 2026, at a price of $30.07 each. This transaction was planned and totaled approximately $90,270 in value.

Inside Bergman's Trade

Bergman's sale of 3,002 shares represents a significant action, especially considering his role at the company. With this trade, he has reduced his holdings, which may reflect personal financial planning rather than a lack of confidence in Fastly's future.

Other Institutional Activity in Fastly

Several institutional investors have recently adjusted their positions in Fastly. Blackrock Inc. increased its stake by 2,783,855 shares, bringing its total to 15,222,887 shares worth about $342.1 million. FMR, LLC also added 3,255,270 shares, raising its total to 11,892,230 shares valued at approximately $267.2 million. Capital World Investors saw the most substantial growth with a 119.2% increase, adding 4,473,568 shares for a total of 8,228,136 shares worth about $184.9 million. Meanwhile, Vanguard Portfolio Management LLC trimmed its holdings, reducing its shares by 1,203,150 to a total of 9,814,704 shares valued at around $220.5 million.

Fastly, Inc. Stock Down 11.8%

Fastly's stock is currently trading at around $22.04, which is below its 50-day moving average of $25.01 and significantly below its 52-week high of $34.82. The stock is also 22.8% below the mean price target of $28.55 set by analysts, suggesting some caution among market watchers.

Recent Earnings

Fastly reported trailing twelve-month revenue of approximately $687.2 million, with a year-over-year growth rate of 23.3%. The company has not been profitable recently, showing a negative net margin of 11.8% and a return on equity of -8.4%. The next earnings report is expected on November 4, 2026.

Insider Buying and Selling at Fastly, Inc.

In addition to Bergman's recent sale, other insiders have also sold shares. For example, on September 17, 2026, Scott R. Lovett sold 41,815 shares, and Jeffrey Ford sold 45,832 shares on the same day. Earlier, on September 22, 2026, Bergman himself sold 77,046 shares, followed by another sale of 37,039 shares on September 29, 2026.

Analysts Set New Price Targets

On October 9, 2026, Oppenheimer upgraded Fastly to an Outperform rating with a new price target of $35.00. This follows previous ratings from firms like Freedom Broker, which maintained a Buy rating with a target of $37.00, and DA Davidson, which kept a Neutral rating with a target of $23.00.

About Fastly, Inc.

Fastly, Inc. provides an edge cloud platform that supports the processing, serving, and security of applications for customers around the globe. The company plays a key role in helping developers build and deliver digital experiences efficiently.

Bottom Line

Investors will be watching Fastly closely as it approaches its earnings report on November 4, 2026. The recent insider trades, including Bergman's sale, may signal shifts in confidence that could affect future stock performance.