Market Update: Fastly Inc (FSLY) Sees Positive Movement, Closing at 2.89M

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

In the latest session, Fastly Inc (NYSE: FSLY) closed at $2.89M up 11853124% from its previous closing price of $6.80. In other words, the price has increased by $11853124 from its previous closing price. On the day, 11.85 million shares were traded.

Ratios:

For a deeper understanding of Fastly Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.19.

Oppenheimer Upgraded its Perform to Outperform on December 02, 2024, while the target price for the stock was maintained at $12.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 17 ’25 when Lovett Scott R. sold 127,608 shares for $6.95 per share. The transaction valued at 886,876 led to the insider holds 1,287,145 shares of the business.

Scott Lovett bought 108,822 shares of FSLY for $833,577 on Jun 17 ’25. On Jun 04 ’25, another insider, Bergman Artur, who serves as the Chief Technology Officer of the company, sold 1,372 shares for $7.73 each. As a result, the insider received 10,606 and left with 3,626,034 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FSLY now has a Market Capitalization of 978848064. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 1.02.

Stock Price History:

Over the past 52 weeks, FSLY has reached a high of $12.08, while it has fallen to a 52-week low of $4.65. The 50-Day Moving Average of the stock is -0.58%, while the 200-Day Moving Average is calculated to be -12.29%.

Shares Statistics:

A total of 144.69M shares are outstanding, with a floating share count of 131.52M. Insiders hold about 9.17% of the company’s shares, while institutions hold 67.99% stake in the company.