Fastly Inc (NYSE: FSLY) is -47.03% lower on its value in year-to-date trading and has touched a low of $4.65 and a high of $14.12 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 $5.13 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $5.00, the stock is -23.48% and -34.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.64 million and changing -2.53% at the moment leaves the stock -35.68% off its SMA200. FSLY registered -60.10% loss for a year compared to 6-month loss of -34.47%. The firm has a 50-day simple moving average (SMA 50) of $7.6598 and a 200-day simple moving average (SMA200) of $7.7736.
The stock witnessed a -24.24% gain in the last 1 month and extending the period to 3 months gives it a -48.93%, and is -22.12% 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 9.77% over the week and 5.75% over the month.
Fastly Inc (FSLY) has around 1100 employees, a market worth around $711.50M and $543.68M in sales. Fwd P/E is 1256.28. Profit margin for the company is -29.07%. Distance from 52-week low is 7.53% and -64.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.77%).
with sales reaching $138.4M over the same period.The EPS is expected to grow by 6.82% this year, but quarterly earnings will post 6.47% year-over-year. Quarterly sales are estimated to grow 3.65% in year-over-year returns.
Fastly Inc (FSLY) Top Institutional Holders
312.0 institutions hold shares in Fastly Inc (FSLY), with institutional investors hold 73.43% of the company’s shares. The shares outstanding are 142.09M, and float is at 129.26M with Short Float at 8.15%. Institutions hold 67.83% of the Float.
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 8.6398 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 11.84 million shares representing 8.6169% 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’s Chief Financial Officer. SEC filings show that KISLING RONALD W sold 12,000 shares of the company’s common stock on Mar 31 ’25 at a price of $6.32 per share for a total of $75840.0. Following the sale, the insider now owns 0.67 million shares.
Fastly Inc disclosed in a document filed with the SEC on Mar 05 ’25 that Bergman Artur (Chief Technology Officer) sold a total of 5,304 shares of the company’s common stock. The trade occurred on Mar 05 ’25 and was made at $6.88 per share for $36492.0. Following the transaction, the insider now directly holds 3.67 million shares of the FSLY stock.
Still, SEC filings show that on Mar 05 ’25, PER ARTUR BERGMAN (Director) Proposed Sale 1,766 shares at an average price of $6.60 for $11656.0. The insider now directly holds shares of Fastly Inc (FSLY).