The insider selling cluster is too small in dollar terms relative to market cap to warrant a bearish read. Monitor the next 10-Q for any fundamental deterioration, but this cluster alone does not signal material negative information.
Price Chart
Executive Summary
Four top executives at Fastly (CEO, CFO, CTO, President) sold a combined ~$860K in open-market sales over a 7-day window. The CEO, CFO, and CTO all sold on Aug 19-21, while the President sold on Aug 18. At a $3.7B market cap, the total represents ~0.02% of market cap — a trivial amount. Per academic literature, cluster sells are weak predictors and this dollar value is immaterial relative to company size, making this a routine liquidity-driven event with no actionable signal.
Key Financial Metrics
Key Facts
- CEO Charles Compton sold $276K worth of shares on Aug 19
- CFO Richard Wong sold $1.15M worth of shares on Aug 21
- CTO Artur Bergman sold $783K worth of shares on Aug 19
- President Scott Lovett sold $427K worth of shares on Aug 18
- Total insider sales of ~$2.6M over the cluster window represent ~0.07% of $3.7B market cap
- All sales were open-market (code S) — no 10b5-1 plan designation noted
Financial Impact
Total insider sales of ~$2.6M represent ~0.07% of Fastly's $3.7B market cap — economically trivial
Risk Factors
- Insider selling could accelerate if the stock rallies further
- No 10b5-1 plan designation — sales may be opportunistic rather than scheduled
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FSLY-1787692042384 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 21d ago | Insider Cluster | $23.16 $24.86 | ▲ +7.34% | ▲ +7.79% | $26.16 (+12.95%) |
Sep 4, 2026 27d ago | Insider Cluster | $21.49 $22.71 | ▲ +5.68% | ▲ +6.14% | $26.16 (+21.73%) |
Sep 2, 2026 29d ago | Insider Cluster | $21.12 $20.59 | ▼ −2.51% | ▼ −2.12% | $26.16 (+23.86%) |
Aug 31, 2026 4w ago | Insider Cluster | $20.77 $20.43 | ▼ −1.64% | ▼ −2.08% | $26.16 (+25.95%) |
Aug 31, 2026 4w ago | 144 | $22.79 $20.77 | ▼ −8.86% | ▼ −8.18% | $26.16 (+14.79%) |
Aug 25, 2026 5w ago | Insider Cluster | $23.29 $24.64 | ▲ +5.80% | ▲ +5.14% | $26.16 (+12.32%) |
Aug 20, 2026 6w ago | Insider Cluster | $24.95 $22.94 | ▲ +8.06% | ▲ +7.76% | $26.16 (−4.85%) |
Aug 20, 2026 6w ago | Insider Cluster | $24.95 $22.94 | ▲ +8.06% | ▲ +7.76% | $26.16 (−4.85%) |
Aug 14, 2026 6w ago | Insider Cluster | $29.04 $26.59 | ▲ +8.44% | ▲ +7.76% | $26.16 (+9.92%) |
Aug 11, 2026 7w ago | Insider Cluster | $28.53 $30.02 | ▲ +5.22% | ▲ +4.52% | $26.16 (−8.31%) |
US Market Status
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