We'd be surprised if Fastly, Inc. (NYSE:FSLY) shareholders haven't noticed that the CEO & Director, Todd Nightingale, recently sold US$311k worth of stock at US$6.25 per share. However, the silver lining is that the sale only reduced their total holding by 3.0%, so we're hesitant to read anything much into it, on its own.

The Last 12 Months Of Insider Transactions At Fastly

Over the last year, we can see that the biggest insider sale was by the Co-Founder, Artur Bergman, for US$1.7m worth of shares, at about US$16.87 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$7.61. So it may not tell us anything about how insiders feel about the current share price.

Fastly insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like Fastly better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership Of Fastly

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 7.3% of Fastly shares, worth about US$66m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Fastly Insider Transactions Indicate?

Insiders sold Fastly shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Fastly. For example - Fastly has 3 warning signs we think you should be aware of.

But note: Fastly may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.