Fastly stock price ticked up to $9.18 amid chatter about rising internet traffic. Analysts note that peak usage trends often translate to stronger performance metrics for edge computing firms. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here . Caxton Associates LLP acquired a new position in shares of Fastly, Inc. ( NYSE:FSLY - Free Report ) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 126,435 shares of the company's stock, valued at approximately $800,000. Caxton Associates LLP owned 0.09% of Fastly at the end of the most recent reporting period. Fastly stock price inched up to $9.12 amid higher-than-average volume. This movement coincided with speculation about potential enterprise deals in the pipeline, which could expand recurring revenue streams.