Fastly CEO Compton sells $193,132 in FSLY shares

Charles Lacey Compton III, CEO and Director of Fastly, Inc. (NYSE:FSLY), sold 9,458 shares of the company’s Class A Common Stock on September 2, 2026. The transaction totaled approximately $193,132, with shares sold at prices ranging from $20.26 to $20.75.

The sale was executed pursuant to a Rule 10b5-1 trading plan, which Mr. Compton adopted on May 11, 2026. Following this transaction, Mr. Compton directly owns 904,777 shares of Fastly Class A Common Stock.The timing of the sale comes as Fastly shares have declined over 10% in the past week, though the stock has delivered impressive returns of 177% over the past year. According to InvestingPro analysis, the stock currently trades above its Fair Value, placing it among overvalued equities. Investors seeking deeper insights can access a comprehensive Pro Research Report on FSLY, along with 7 additional ProTips, available exclusively on the platform.

In other recent news, Fastly Inc. reported its second-quarter 2026 earnings, surpassing Wall Street expectations on both profit and revenue. The company posted adjusted earnings of $0.15 per share on revenue of $183.3 million, compared to analyst estimates of $0.07 per share and $173.93 million, respectively. Revenue increased by 23% from the previous year, marking the fastest growth rate in nearly four years. Evercore ISI maintained an Outperform rating on Fastly, highlighting the strong quarterly results and setting a price target of $32.00. The company exceeded consensus expectations with total revenue growth of 23.3% year-over-year and network services revenue growth of 16.5%. Raymond James also raised its price target for Fastly to $29.00, citing benefits from increased AI-related traffic. The firm believes Fastly’s advanced network capabilities will continue to capture incremental traffic as AI and inference-related traffic evolve. These developments reflect the company’s strong performance and potential for future growth.