Fastly (NYSE:FSLY – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. Craig Hallum lowered shares of Fastly from a “buy” rating to a “hold” rating and set a $24.00 price target on the stock. Get Fastly alerts:View Our Latest Report on FSLYFastly Trading Up 4.3%Insider ActivityShares of Fastly stock traded up $1.08 on Wednesday, hitting $26.03. 14,568,708 shares of the company’s stock traded hands, compared to its average volume of 9,913,310. Following the transaction, the chief executive officer owned 1,099,561 shares of the company’s stock, valued at approximately $18,527,602.85.