In a filing, Fastly Inc revealed its Officer Ronald Kisling acquired Company’s shares for reported $26845.0 on Apr 16 ’25. In the deal valued at $5.13 per share,5,233 shares were bought.
Then, KISLING RONALD W sold 12,000 shares, generating $75,840 in total proceeds. Upon selling the shares at $6.32, the Chief Financial Officer now owns 671,035 shares.
Before that, Bergman Artur sold 5,304 shares. Fastly Inc shares valued at $36,492 were divested by the Chief Technology Officer at a price of $6.88 per share. As a result of the transaction, Bergman Artur now holds 3,669,058 shares, worth roughly $19.7 million.
A number of analysts have revised their coverage, including Oppenheimer’s analysts, who increased its forecast for the stock in early December from “a Perform” to “an Outperform”. Raymond James also remained covering FSLY and has decreased its forecast on October 01, 2024 with a “Mkt perform” recommendation from previously “Strong buy” rating. Piper Sandler revised its rating on August 08, 2024. It rated FSLY as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of FSLY
On Monday, Fastly Inc [NYSE:FSLY] saw its stock fall -2.01% to $5.37. Over the last five days, the stock has gained 4.68%. Fastly Inc shares have fallen nearly -43.11% since the year began. Nevertheless, the stocks have fallen -60.92% over the past one year. While a 52-week high of $13.75 was reached on 01/31/25, a 52-week low of $4.65 was recorded on 04/07/25. SMA at 50 days reached $7.25, while 200 days put it at $7.74.
Levels Of Support And Resistance For FSLY Stock
The 24-hour chart illustrates a support level at 5.24, which if violated will result in even more drops to 5.11. On the upside, there is a resistance level at 5.63. A further resistance level may holdings at 5.88. The Relative Strength Index (RSI) on the 14-day chart is 36.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.97%. Stochastics %K at 28.80% 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 2025-03-31, dropping by 31237.0 shares to a total of 10.4 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 10.43 million shares. There was a decline of -0.3%, which implies that there is a negative sentiment for the stock.
