WONG RICHARD sold $1.1M of FSLY
WONG RICHARD (CFO) sold 47,676 shares of Fastly, Inc. (FSLY) at an average of $24.09 ($23.64–$24.95, $1.15M total) across 3 trades on 2026-08-21 under a Rule 10b5-1 trading plan.
Fastly, Inc.
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WONG RICHARD (CFO) sold 47,676 shares of Fastly, Inc. (FSLY) at an average of $24.09 ($23.64–$24.95, $1.15M total) across 3 trades on 2026-08-21 under a Rule 10b5-1 trading plan.
Fastly, Inc. (FSLY) amended its 2021 credit agreement, increasing its revolving facility to $100M, extending maturity to 2029, and lowering borrowing costs. The move follows record Q2 revenue of $183.3M and reduced net loss of $15.6M, improving liquidity and operational flexibility as the company targets profitability. Analysts project varying revenue growth and earnings forecasts for 2029, with the company aiming for $947.9M revenue and $76.8M earnings.
Fastly's CFO, Richard Wong, sold $4.2M worth of shares at $28.61 each, reducing his stake by 12%. No insider purchases occurred in the past year. Insiders own 6.2% of the company, worth about $246M. The selling activity raises caution, though high insider ownership aligns management with shareholders.
Over the past 7 days, alphai's AI scored 4 news stories mentioning FSLY (Fastly, Inc.). Coverage has skewed bearish: 1 bullish, 0 neutral, and 3 bearish.
Recent FSLY coverage spans financial news, insider activity and market movers.
In the last 30 days, FSLY insiders filed 16 SEC Form 4 transactions — no purchases and 16 sales ($9.6M). The most active reporter was Compton Charles Lacey III, CEO, with 5 filings. 81% of those filings were made under pre-arranged Rule 10b5-1 plans.
Large insider sell may pressure stock price short term.
The larger, cheaper credit line improves liquidity and reduces financing costs, potentially supporting margin expansion.
The sale may signal insider concern and could pressure the stock lower in the short term.
Large insider sell-off suggests reduced confidence.
Price decline reflects sector rotation rather than company‑specific news.
alphai scores every news story that mentions FSLY with an AI model for sentiment and relevance, and aggregates insider trades from Fastly, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
WONG RICHARD (CFO) sold 47,676 shares of Fastly, Inc. (FSLY) at an average of $24.09 ($23.64–$24.95, $1.15M total) across 3 trades on 2026-08-21 under a Rule 10b5-1 trading plan.
1 min readFastly, Inc. (FSLY) amended its 2021 credit agreement, increasing its revolving facility to $100M, extending maturity to 2029, and lowering borrowing costs. The move follows record Q2 revenue of $183.3M and reduced net loss of $15.6M, improving liquidity and operational flexibility as the company targets profitability. Analysts project varying revenue growth and earnings forecasts for 2029, with the company aiming for $947.9M revenue and $76.8M earnings.
2 min readFastly's CFO, Richard Wong, sold $4.2M worth of shares at $28.61 each, reducing his stake by 12%. No insider purchases occurred in the past year. Insiders own 6.2% of the company, worth about $246M. The selling activity raises caution, though high insider ownership aligns management with shareholders.
1 min readInsiders traded shares in Take-Two (TTWO), Fastly (FSLY), Keel (KEEL), Sony (SONY), and Lemonade (LMND). Take-Two's director sold $88,693 in shares, while Fastly's executives sold millions. Keel's CEO and COO bought shares. Sony's exec sold $476,600 in shares, and Lemonade's CIO sold $578,050. Investors may reassess valuations based on these moves.
1 min readDigitalOcean (DOCN) rose 5% to $137.04 after launching Managed AI Agents. Fastly (FSLY) fell 4% and Akamai (AKAM) dropped 2%, highlighting DigitalOcean's product-driven rally. The agents, based on open-source projects, aim to simplify AI infrastructure deployment. No financial details were disclosed.
2 min readFastly reports AI-generated traffic grew 30% from January to May 2026, 6.5 times faster than human traffic. The company is expanding its infrastructure in India, aiming for a double-digit percentage of overall business. Fastly executives highlight the need for flexible infrastructure planning due to unpredictable AI traffic patterns and the strategic role of edge infrastructure in managing AI workloads.
3 min readFastly CTO Artur Bergman sold 64,074 shares for $1.7m, citing tax obligations and a 10b5-1 plan. Fastly's stock is down 24% this week but up 215% year-over-year. The company beat Q2 earnings estimates, with revenue up 23% YoY. Analysts maintain positive ratings and price targets.
2 min readFastly (FSLY) shares fell 5.6% due to competitive pressure from AI companies like Anthropic, which plans a large IPO. Anthropic's revenue and valuation are significant, raising concerns about enterprise SaaS companies' scarcity premium. Fastly's stock is volatile, down 4.2% to $22.70. The market sees the news as meaningful but not fundamental. Fastly is up 124% YTD but still below its 52-week high.
3 min readFastly CFO Richard Wong sold 148,015 shares at $28.61 each, totaling $4.2M, to cover taxes on vested RSUs. He retains 1,091,286 shares post-transaction, according to an SEC filing.
1 min readLovett Scott R. (President, Go to Market) sold 14,936 shares of Fastly, Inc. (FSLY) at $28.60 ($0.43M total) on 2026-08-18.
1 min read