Fastly Inc’s filing revealed that its CEO Nightingale Todd unloaded Company’s shares for reported $59048.0 on Feb 25 ’25. In the deal valued at $6.87 per share,8,595 shares were sold. As a result of this transaction, Nightingale Todd now holds 1,544,706 shares worth roughly $10.1 million.
Then, KISLING RONALD W sold 2,063 shares, generating $14,173 in total proceeds. Upon selling the shares at $6.87, the Chief Financial Officer now owns 506,480 shares.
Before that, Artur Bergman bought 5,298 shares. Fastly Inc shares valued at $35,814 were divested by the Officer at a price of $6.76 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 fall -3.96% to $6.54. Over the last five days, the stock has lost -5.35%. Fastly Inc shares have fallen nearly -30.72% since the year began. Nevertheless, the stocks have fallen -53.68% over the past one year. While a 52-week high of $14.76 was reached on 01/31/25, a 52-week low of $5.52 was recorded on 03/03/25. SMA at 50 days reached $9.32, while 200 days put it at $7.95.
Levels Of Support And Resistance For FSLY Stock
The 24-hour chart illustrates a support level at 6.36, which if violated will result in even more drops to 6.18. On the upside, there is a resistance level at 6.89. A further resistance level may holdings at 7.25. The Relative Strength Index (RSI) on the 14-day chart is 27.40, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.75%. Stochastics %K at 2.94% indicates the stock is a buying.
