Fastly (FSLY) CTO Bergman Artur Sells $993K of Stock

Fastly, Inc.'s Chief Technology Officer, Artur Bergman, sold 37,039 shares of the company on October 12, 2026. The shares were sold for about $993,052 at a price of $26.81 each. This sale was part of a planned transaction.

Inside Bergman's Trade

Bergman’s recent transaction adds to his previous sales. Just weeks earlier, he sold 40,041 shares on the same day, September 12, 2026, valued at approximately $1,083,322. This pattern of selling shows a significant reduction in his holdings, as he previously sold 77,046 shares on September 22, 2026, for about $2,121,949.

Other Institutional Activity in Fastly

Several other institutional investors have adjusted their positions in Fastly recently. Blackrock Inc. increased its stake by 2,783,855 shares, now holding 15,222,887 shares worth about $342 million. FMR, LLC also raised its holdings by 3,255,270 shares, bringing its total to 11,892,230 shares valued at approximately $267 million. Meanwhile, Capital World Investors added 4,473,568 shares, now owning 8,228,136 shares worth around $185 million. In contrast, Vanguard Portfolio Management LLC reduced its position by 1,203,150 shares, leaving it with 9,814,704 shares valued at about $221 million.

Fastly, Inc. Stock Down 11.8%

Fastly's stock is currently trading around $22.04, which is below its 50-day moving average of $25.01 and 36.7% lower than its 52-week high of $34.82. The stock is also above its 52-week low of $7.74, reflecting a strong recovery. Analysts have a mean price target of $28.55, suggesting potential upside from current levels.

Recent Earnings

Fastly reported trailing twelve-month revenue of approximately $687 million, with a year-over-year growth rate of 23.3%. The company has a negative net margin of 11.8% and a return on equity of -8.4%. Fastly is expected to announce its next earnings report on November 4, 2026.

Insider Buying and Selling at Fastly, Inc.

In addition to Bergman's recent sale, other insiders have also sold shares recently. On September 17, 2026, Officer Scott R Lovett sold 41,815 shares, valued at approximately $1,030,529. Bergman himself sold 37,039 shares on September 29, 2026, for about $918,830. These transactions indicate ongoing adjustments among Fastly's leadership.

Analysts Set New Price Targets

On October 9, 2026, Oppenheimer upgraded Fastly to an 'Outperform' rating with a price target of $35.00. Earlier, on September 23, 2026, Freedom Broker maintained a 'Buy' rating with a target of $37.00. Currently, the consensus recommendation from analysts is a 'Buy', with a mean price target of $28.55 from 11 analysts.

About Fastly, Inc.

Fastly, Inc. operates an edge cloud platform that helps businesses process, serve, and secure their applications across the globe. The company supports developers in building and delivering digital experiences at the edge of the internet, which is essential for modern web applications.

Bottom Line

Investors should keep an eye on Fastly's upcoming earnings report on November 4, 2026, and monitor insider trading activities for further insights into management's outlook. Bergman's planned sale reflects his ongoing adjustments amid changing market dynamics.