Fastly Inc (NYSE: FSLY) is -23.09% lower on its value in year-to-date trading and has touched a low of $5.52 and a high of $15.03 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FSLY stock was last observed hovering at around $7.81 in the last trading session, with the day’s loss setting it -0.55%.
Currently trading at $7.26, the stock is -24.40% and -25.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.19 million and changing -7.04% at the moment leaves the stock -9.35% off its SMA200. FSLY registered -51.08% loss for a year compared to 6-month gain of 12.21%.
The stock witnessed a -25.08% loss in the last 1 month and extending the period to 3 months gives it a 14.69%, and is -8.91% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.89% over the week and 5.82% over the month.
Fastly Inc (FSLY) has around 1207 employees, a market worth around $1.02B and $543.68M in sales. Fwd P/E is 455.17. Profit margin for the company is -29.07%. Distance from 52-week low is 31.52% and -51.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.77%).
with sales reaching $138M over the same period.The EPS is expected to grow by 13.26% this year, but quarterly earnings will post 6.77% year-over-year. Quarterly sales are estimated to grow 3.36% in year-over-year returns.
Fastly Inc (FSLY) Top Institutional Holders
The shares outstanding are 140.30M, and float is at 128.29M with Short Float at 7.26%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.3 million shares valued at $112.75 million. The investor’s holdings represent 11.3669% of the FSLY Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 11.87 million shares valued at $$87.52 million to account for 8.8233 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 11.84 million shares representing 8.7999% and valued at over $87.29 million, while LEGAL & GENERAL GROUP PLC holds 5.0662 of the shares totaling 6.96 million with a market value of $51.32 million.
Fastly Inc (FSLY) Insider Activity
The most recent transaction is an insider sale by KISLING RONALD W,the company’sChief Financial Officer. SEC filings show that KISLING RONALD W sold 11,269 shares of the company’s common stock on Feb 19 ’25 at a price of $8.04 per share for a total of $90603.0. Following the sale, the insider now owns 0.51 million shares.
Fastly Inc disclosed in a document filed with the SEC on Feb 20 ’25 that Bergman Artur (Chief Technology Officer) sold a total of 23,062 shares of the company’s common stock. The trade occurred on Feb 20 ’25 and was made at $7.78 per share for $0.18 million. Following the transaction, the insider now directly holds 3.35 million shares of the FSLY stock.
Still, SEC filings show that on Feb 19 ’25, Bergman Artur (Chief Technology Officer) disposed off 12,821 shares at an average price of $8.04 for $0.1 million. The insider now directly holds 3,374,012 shares of Fastly Inc (FSLY).
