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Fastly, Inc. (NYSE:FSLY), a $1.05 billion market cap company trading at $7.28 per share, saw its Chief Financial Officer Ronald W. Kisling recently sell a portion of his holdings in the company. According to InvestingPro data, the company operates with moderate debt levels and maintains a fair financial health score. According to an SEC filing, Kisling sold 546 shares of Fastly’s Class A common stock on May 28, 2025, at a price of $7.42 per share. The transaction, amounting to a total of $4,051, was carried out to satisfy tax obligations related to the vesting of previously granted Restricted Stock Units. Following this sale, Kisling retains ownership of 647,053 shares in the company. With a current price 40% below its 52-week high of $12.08, InvestingPro analysis suggests the stock is currently undervalued. Discover more insights and 6 additional ProTips in the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, Fastly Inc . reported a strong first quarter for 2025, with revenue reaching $144.5 million, surpassing analysts’ expectations of $136 million to $140 million. The company’s earnings per share (EPS) also exceeded forecasts, coming in at -$0.05 compared to the anticipated -$0.06. Fastly has raised its revenue guidance for 2025 to a range of $585 million to $595 million, reflecting a 9% growth. Analysts from DA Davidson and Piper Sandler have adjusted their price targets for Fastly, with DA Davidson lowering it to $6.50 and Piper Sandler increasing it to $7.00, both maintaining a neutral rating. Fastly’s management has been working on revamping its go-to-market strategy and improving pricing dynamics, which has been acknowledged by the analysts. Additionally, Fastly has expanded its executive team by appointing Albert Thong as Chief Marketing Officer and Tara Seracka as Chief Legal Officer. The company also reported a positive free cash flow of $8.2 million for the first time since the second quarter of 2023, contributing to an improved cash flow guidance for the full year 2025. Fastly’s leadership and strategic initiatives are seen as steps towards stabilizing and potentially growing the company’s market presence.
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