Fastly Inc’s recently made public that its Chief Technology Officer Bergman Artur unloaded Company’s shares for reported $0.12 million on Sep 03 ’24. In the deal valued at $5.96 per share,19,889 shares were sold. As a result of this transaction, Bergman Artur now holds 6,205,000 shares worth roughly $46.35 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, KISLING RONALD W sold 1,192 shares, generating $7,057 in total proceeds. Upon selling the shares at $5.92, the Chief Financial Officer now owns 566,013 shares.
Before that, PER ARTUR BERGMAN bought 19,889 shares. Fastly Inc shares valued at $119,732 were divested by the Director at a price of $6.02 per share.
Raymond James downgraded its Fastly Inc [FSLY] rating to a Mkt perform from a a Strong buy in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in early August from “an Overweight” to “a Neutral”. DA Davidson also remained covering FSLY and has decreased its forecast on May 02, 2024 with a “Neutral” recommendation from previously “Buy” rating. BofA Securities revised its rating on May 02, 2024. It rated FSLY as “an Underperform” which previously was an “a Buy”.
Price Performance Review of FSLY
On Monday, Fastly Inc [NYSE:FSLY] saw its stock fall -2.10% to $7.47. Over the last five days, the stock has lost -1.32%. Fastly Inc shares have fallen nearly -58.03% since the year began. Nevertheless, the stocks have fallen -52.60% over the past one year. While a 52-week high of $25.87 was reached on 02/12/24, a 52-week low of $5.52 was recorded on 08/08/24. SMA at 50 days reached $6.73, while 200 days put it at $11.29.
Levels Of Support And Resistance For FSLY Stock
The 24-hour chart illustrates a support level at 7.33, which if violated will result in even more drops to 7.20. On the upside, there is a resistance level at 7.63. A further resistance level may holdings at 7.80. The Relative Strength Index (RSI) on the 14-day chart is 58.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.64%. Stochastics %K at 72.36% indicates the stock is a holding.
How much short interest is there in Fastly Inc?
A steep rise in short interest was recorded in Fastly Inc stocks on 2024-09-13, dropping by -0.69 million shares to a total of 14.72 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 15.41 million shares. There was a decline of -4.71%, which implies that there is a negative sentiment for the stock.
