In a filing, Fastly Inc revealed its Officer Ronald Kisling acquired Company’s shares for reported $7505.0 on Mar 03 ’25. In the deal valued at $7.81 per share,961 shares were bought.
Then, KISLING RONALD W sold 11,269 shares, generating $90,603 in total proceeds. Upon selling the shares at $8.04, the Chief Financial Officer now owns 508,543 shares.
Before that, Bergman Artur sold 23,062 shares. Fastly Inc shares valued at $179,422 were divested by the Chief Technology Officer at a price of $7.78 per share. As a result of the transaction, Bergman Artur now holds 3,350,950 shares, worth roughly $23.16 million.
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 Friday, Fastly Inc [NYSE:FSLY] saw its stock fall -4.82% to $6.91. Over the last five days, the stock has lost -14.37%. Fastly Inc shares have fallen nearly -26.80% since the year began. Nevertheless, the stocks have fallen -52.15% over the past one year. While a 52-week high of $14.90 was reached on 01/31/25, a 52-week low of $5.52 was recorded on 02/24/25. SMA at 50 days reached $9.70, while 200 days put it at $8.00.
Levels Of Support And Resistance For FSLY Stock
The 24-hour chart illustrates a support level at 6.74, which if violated will result in even more drops to 6.56. On the upside, there is a resistance level at 7.17. A further resistance level may holdings at 7.43. The Relative Strength Index (RSI) on the 14-day chart is 26.87, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.84%. Stochastics %K at 7.78% indicates the stock is a buying.
