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Fastly, Inc. (NYSE:FSLY) Chief Financial Officer Ronald W. Kisling recently sold a portion of his holdings in the company. According to a Form 4 filing with the Securities and Exchange Commission, Kisling disposed of 5,342 shares of Fastly’s Class A Common Stock on April 16, 2025, at a price of $5.26 per share. The transaction totaled $28,098. The sale comes as Fastly’s stock has declined significantly, with shares down over 43% year-to-date. InvestingPro analysis indicates the stock is currently trading below its Fair Value, with the company maintaining a strong liquidity position reflected in its current ratio of 4.21.
Following this sale, Kisling retains ownership of 665,693 shares. The transaction was conducted to satisfy tax obligations related to the vesting of previously granted Restricted Stock Units. InvestingPro subscribers have access to 7 additional key insights about Fastly’s financial health and market position, along with comprehensive analysis in the Pro Research Report, which provides detailed insights for smarter investment decisions.
In other recent news, Fastly Inc . reported its fourth-quarter 2024 earnings, revealing a larger-than-expected loss per share at $0.03, compared to the forecasted loss of $0.0034. Despite this, the company achieved a slight revenue beat with $140.6 million, surpassing expectations of $138.29 million. For the full year 2024, Fastly’s revenue grew by 7% to $544 million. DA Davidson maintained a Neutral rating on Fastly, citing a slight increase in revenue but also noting significant declines in operational profit, earnings per share, and free cash flow. Citi and Piper Sandler both adjusted their price targets for Fastly to $9, down from $10, while maintaining Neutral ratings, reflecting cautious stances on the company’s financial outlook. Analysts pointed out Fastly’s conservative approach regarding TikTok’s contribution to revenue and noted that the company’s guidance for 2025 suggests moderate revenue growth. Fastly is focusing on international growth and expanding its security services, although these strategies are expected to lead to reduced margins and another year of cash burn. The company’s strategic expansion in the EMEA and APAC regions is anticipated to increase capital expenditures, with potential risks of gross margin compression.
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