Artur Bergman Sells 7,500 Shares of Fastly Inc (NYSE:FSLY) Stock

Fastly Inc (NYSE:FSLY) CEO Artur Bergman sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $22.50, for a total value of $168,750.00. Following the transaction, the chief executive officer now owns 310,389 shares in the company, valued at approximately $6,983,752.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

  • On Thursday, February 6th, Artur Bergman sold 7,500 shares of Fastly stock. The stock was sold at an average price of $21.60, for a total value of $162,000.00.
  • On Thursday, January 30th, Artur Bergman sold 15,000 shares of Fastly stock. The stock was sold at an average price of $23.35, for a total value of $350,250.00.
  • On Thursday, January 23rd, Artur Bergman sold 22,500 shares of Fastly stock. The stock was sold at an average price of $24.66, for a total value of $554,850.00.
  • On Tuesday, January 21st, Artur Bergman sold 36,527 shares of Fastly stock. The stock was sold at an average price of $25.00, for a total value of $913,175.00.
  • On Wednesday, January 15th, Artur Bergman sold 26,759 shares of Fastly stock. The stock was sold at an average price of $22.52, for a total value of $602,612.68.
  • On Thursday, January 9th, Artur Bergman sold 7,500 shares of Fastly stock. The stock was sold at an average price of $21.58, for a total value of $161,850.00.
  • On Monday, January 6th, Artur Bergman sold 25,741 shares of Fastly stock. The stock was sold at an average price of $22.50, for a total value of $579,172.50.
  • On Thursday, January 2nd, Artur Bergman sold 7,500 shares of Fastly stock. The stock was sold at an average price of $21.40, for a total value of $160,500.00.
  • On Thursday, December 26th, Artur Bergman sold 11,250 shares of Fastly stock. The stock was sold at an average price of $19.88, for a total value of $223,650.00.
  • On Thursday, December 19th, Artur Bergman sold 3,750 shares of Fastly stock. The stock was sold at an average price of $20.05, for a total value of $75,187.50.

Shares of FSLY stock opened at $22.96 on Friday. The business’s 50 day moving average is $22.33 and its two-hundred day moving average is $22.55. Fastly Inc has a twelve month low of $14.12 and a twelve month high of $35.25.

FSLY has been the topic of a number of research reports. Piper Jaffray Companies upgraded Fastly from a “neutral” rating to an “overweight” rating and set a $24.00 price target on the stock in a research note on Thursday, January 2nd. Zacks Investment Research downgraded Fastly from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Finally, Citigroup lifted their target price on Fastly from $17.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $25.36.

Hedge funds have recently made changes to their positions in the business. NEXT Financial Group Inc acquired a new stake in shares of Fastly in the 3rd quarter valued at approximately $34,000. Advisor Group Inc. lifted its holdings in shares of Fastly by 137.5% in the 4th quarter. Advisor Group Inc. now owns 1,425 shares of the company’s stock valued at $29,000 after buying an additional 825 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Fastly in the 4th quarter valued at approximately $36,000. Ladenburg Thalmann Financial Services Inc. acquired a new stake in shares of Fastly in the 2nd quarter valued at approximately $41,000. Finally, Evoke Wealth LLC acquired a new stake in shares of Fastly in the 4th quarter valued at approximately $56,000. Institutional investors own 12.95% of the company’s stock.

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