In a filing, Fastly Inc revealed its Officer Todd Nightingale acquired Company’s shares for reported $0.43 million on May 16 ’25. In the deal valued at $6.03 per share,71,847 shares were bought.
Then, Scott Lovett bought 5,575 shares, generating $33,617 in total proceeds.
Before that, Artur Bergman bought 25,339 shares. Fastly Inc shares valued at $152,794 were divested by the Officer at a price of $6.03 per share.
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 Friday, Fastly Inc [NYSE:FSLY] saw its stock jump 0.12% to $8.05. Over the last five days, the stock has gained 4.82%. Fastly Inc shares have fallen nearly -14.72% since the year began. Nevertheless, the stocks have fallen -11.25% over the past one year. While a 52-week high of $12.08 was reached on 01/31/25, a 52-week low of $4.65 was recorded on 04/07/25. SMA at 50 days reached $6.38, while 200 days put it at $7.59.
Levels Of Support And Resistance For FSLY Stock
The 24-hour chart illustrates a support level at 7.92, which if violated will result in even more drops to 7.78. On the upside, there is a resistance level at 8.19. A further resistance level may holdings at 8.32. The Relative Strength Index (RSI) on the 14-day chart is 73.23, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.20, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.84%. Stochastics %K at 91.69% indicates the stock is a selling.
