Fastly

FSLY

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Weekly Recap | Fastly +12.48%, consensus target above spot
Weekly Review·Sep 12 at 08:15 AM
- Fastly accumulated a 12.48% increase to close at 23.16 USD this week, outperforming the S&P 500 by 13.28 percentage points amid heavy trading volume. - The company announced a partnership with Comcast on September 10 to improve Xfinity streaming performance, which was counterbalanced by the CTO selling approximately 76,000 USD worth of shares. - Wall Street maintains a consensus buy rating with a target price of 27 USD, while the stock continues to be driven by events rather than immediate fundamentals.
FSLY-2.89%
Weekly Recap | Fastly -10.63%, insiders keep selling
Weekly Review·Sep 5 at 06:57 AM
- Fastly stock fell 10.63% to close at 20.59 USD this week, underperforming the S & P 500 by 10.72 percentage points. - The company experienced continuous insider stock sales by executives including the CEO, alongside a legal investigation announcement by Schubert Jonckheer and a new distribution partnership with Ingram Micro. - Institutional consensus rating remains a buy with a target price of 27 USD, while market attention shifts to upcoming macroeconomic data and potential further insider selling.
FSLY-2.89%

Weekly Recap | Fastly +12.48%, consensus target above spot