Fastly (FSLY) CEO Charles Lacey Compton III Sells $285K of Stock

Fastly, Inc. CEO Charles Lacey Compton III sold 11,433 shares of the company's stock on October 16, 2026. According to a Form 4 filing with the U.S. Securities and Exchange Commission, the transaction was completed at a price of $24.90 per share for a total value of $284,681.

FSLY Fastly, Inc.

$22.99 ▲ +125.61% year to date

1M 3M YTD

Daily close · Oct 19, 2026

Inside Charles Lacey Compton III's Fastly Trade

The stock sale was executed under a pre-arranged Rule 10b5-1 trading plan. Following the transaction, the chief executive officer directly holds 840,516 shares of Fastly stock. This move trimmed his personal stake by about 1.34%.

Other Institutional Activity in Fastly

Large financial firms have adjusted their positions in Fastly recently. First Trust Advisors LP grew its holdings by 649,049 shares, ending with 7,681,005 shares worth about $169.5 million. Shaw D.E. & Co., Inc. added 3,992,707 shares for a 152.2% increase, bringing its total to 6,616,726 shares valued at roughly $146 million. Two Sigma Investments, LP lifted its stake by 448,035 shares, owning 6,062,511 shares worth approximately $133.8 million. Penserra Capital Management LLC grew its position by 1,084,005 shares to reach 4,621,879 shares valued around $102 million. Meanwhile, Legal & General Group PLC reduced its holdings by 3,692,726 shares, or 45.8%, ending with 4,366,475 shares worth about $96.4 million.

Fastly, Inc. Stock Down 1.8%

Fastly shares closed at $22.47 on the day of the trade. The stock recently traded around $22.07 as of October 20, 2026.

Recent Earnings

Fastly reported trailing twelve month revenue of $687.2 million with a net margin of -11.8% and a return on equity of -8.4%. The company's next earnings report is scheduled for November 4, 2026.

Insider Buying and Selling at Fastly, Inc.

Chief Technology Officer Artur Bergman completed several transactions recently, including sales of 37,039 shares on September 29, 3,002 shares on October 9 under a plan, 37,039 shares on October 12 under a plan, and another 40,041 shares on October 12.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks on the software company. On September 23, 2026, Freedom Broker maintained a Buy rating with a target of $37.00. DA Davidson kept a Neutral rating and set a target of $23.00 on September 23 and September 24. B of A Securities maintained an Underperform rating with a $22.00 target on September 23, while Oppenheimer upgraded the stock to Outperform with a $35.00 target on October 9. The stock currently holds a consensus recommendation of buy with a mean price target of $28.55.

About Fastly

Fastly, Inc. runs an edge cloud platform that lets developers process, serve, and protect applications closer to users. This infrastructure helps companies deliver fast and secure digital experiences worldwide from San Francisco, California.

Bottom Line

The CEO's recent sale follows other insider transactions at the software firm. Investors will look toward the upcoming earnings release on November 4, 2026, for further updates on financial performance.