Fastly Inc’s filing revealed that its Director Artur Bergman acquired Company’s shares for reported $22766.0 on Feb 19 ’25. In the deal valued at $10.06 per share,2,263 shares were bought.
Then, Bergman Artur sold 10,000 shares, generating $105,800 in total proceeds. Upon selling the shares at $10.58, the Chief Technology Officer now owns 3,364,136 shares.
Before that, Todd Nightingale bought 39,390 shares. Fastly Inc shares valued at $393,506 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 Tuesday, Fastly Inc [NYSE:FSLY] saw its stock jump 1.24% to $8.17. Over the last five days, the stock has lost -22.78%. Fastly Inc shares have fallen nearly -13.45% since the year began. Nevertheless, the stocks have fallen -65.29% over the past one year. While a 52-week high of $18.42 was reached on 01/31/25, a 52-week low of $5.52 was recorded on 02/13/25. SMA at 50 days reached $9.94, while 200 days put it at $8.04.
Levels Of Support And Resistance For FSLY Stock
The 24-hour chart illustrates a support level at 7.93, which if violated will result in even more drops to 7.69. On the upside, there is a resistance level at 8.32. A further resistance level may holdings at 8.46. The Relative Strength Index (RSI) on the 14-day chart is 34.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.60%. Stochastics %K at 17.59% indicates the stock is a buying.
