Fastly Inc’s filing revealed that its Officer Todd Nightingale acquired Company’s shares for reported $0.39 million on Feb 19 ’25. In the deal valued at $9.99 per share,39,390 shares were bought.
Then, Artur Bergman bought 13,649 shares, generating $136,354 in total proceeds.
Before that, Ronald Kisling bought 12,730 shares. Fastly Inc shares valued at $127,173 were divested by the Officer at a price of $9.99 per share.
Oppenheimer upgraded its Fastly Inc [FSLY] rating to an Outperform from a a Perform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early October from “a Strong buy” to “a Mkt perform”. Piper Sandler also remained covering FSLY and has decreased its forecast on August 08, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. DA Davidson revised its rating on May 02, 2024. It rated FSLY as “a Neutral” which previously was an “a Buy”.
Price Performance Review of FSLY
On Monday, Fastly Inc [NYSE:FSLY] saw its stock jump 4.55% to $10.58. Over the last five days, the stock has gained 3.83%. Fastly Inc shares have risen nearly 12.08% since the year began. Nevertheless, the stocks have fallen -51.56% over the past one year. While a 52-week high of $25.87 was reached on 01/31/25, a 52-week low of $5.52 was recorded on 01/13/25. SMA at 50 days reached $9.93, while 200 days put it at $8.14.
Levels Of Support And Resistance For FSLY Stock
The 24-hour chart illustrates a support level at 10.23, which if violated will result in even more drops to 9.89. On the upside, there is a resistance level at 10.84. A further resistance level may holdings at 11.11. The Relative Strength Index (RSI) on the 14-day chart is 57.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.33%. Stochastics %K at 49.80% 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 2025-01-15, dropping by 85719.0 shares to a total of 10.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 10.12 million shares. There was a decline of -0.85%, which implies that there is a negative sentiment for the stock.
