Transaction details
Fastly, Inc. (NYSE: FSLY) Chief Technology Officer Artur Bergman disposed of 40,000 shares of the company’s Class A Common Stock on February 23, 2026, for about $683,199. The trades were executed at a weighted average price of $17.08, with individual executions spanning a price range from $16.63 to $17.53.
Context on share price and valuation
The insider sale comes against a backdrop of considerable stock appreciation: Fastly’s shares have risen 161% over the past 12 months and were trading at $18.15 at the time referenced. InvestingPro’s analysis included in the public record indicates the stock looks overvalued at current levels versus its Fair Value. Fastly’s market capitalization is reported at $2.7 billion.
Post-transaction ownership
After the sale, Bergman’s remaining holdings include both indirect and direct positions. Indirectly, he retains 2,185,135 shares of Fastly Class A Common Stock held through multiple trusts: The Per Artur Bergman Revocable Trust; The Artur Bergman Remainder Trust One DTD 5/2/2019; The Artur Bergman Remainder Trust Three DTD 5/2/2019; The Per Artur Bergman Grantor Retained Annuity Trust No. 3; The Per Artur Bergman Grantor Retained Annuity Trust No. 4; and The PAB 2021 Remainder Trust. In addition, he holds 1,842,532 shares directly.
Trading plan
The sale was executed under a Rule 10b5-1 trading plan that Bergman adopted on June 3, 2025.
Investor resources and company performance
InvestingPro provides further analysis for investors, including 11 additional ProTips for Fastly that address topics such as the company’s path to profitability and its volatility patterns. The publication also references a Fair Value calculator that uses a mix of 17 proven industry valuation models to evaluate FSLY.
Recent quarterly results and analyst reactions
Fastly reported fourth-quarter revenue of $172.6 million, surpassing the consensus estimate of $161.4 million. The company also posted an operating profit of $21.2 million and earnings per share of $0.12, both of which topped analyst expectations. Following the quarter, a number of brokerages adjusted their views:
- DA Davidson raised its price target for Fastly to $13.00.
- RBC Capital increased its target to $12.00, citing indications of durable acceleration and continued margin execution.
- Piper Sandler lifted its target to $14.00, pointing to strong performance and market share gains.
- William Blair upgraded Fastly’s rating to Outperform, noting the company’s potential in AI traffic growth.
Collectively, these revisions reflect a more constructive analyst tone following Fastly’s robust quarterly performance.
Note on limitations: This piece reports the transaction, ownership figures, valuation commentary, quarterly results and subsequent analyst actions as provided in the public disclosures and the referenced InvestingPro analysis. No additional forecasts or unreported facts have been introduced.