Akamai Technologies Inc (NASDAQ: AKAM) is -18.42% lower on its value in year-to-date trading and has touched a low of $67.51 and a high of $106.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AKAM stock was last observed hovering at around $76.51 in the last trading session, with the day’s gains setting it 1.52%.
Currently trading at $78.03, the stock is -1.61% and -1.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.47 million and changing 1.99% at the moment leaves the stock -15.51% off its SMA200. AKAM registered -16.21% loss for a year compared to 6-month loss of -13.38%.
The stock witnessed a 5.72% gain in the last 1 month and extending the period to 3 months gives it a -21.98%, and is 2.33% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.53% over the week and 2.80% over the month.
Akamai Technologies Inc (AKAM) has around 10700 employees, a market worth around $11.41B and $4.02B in sales. Current P/E ratio is 26.32 and Fwd P/E is 11.71. Profit margin for the company is 11.26%. Distance from 52-week low is 15.58% and -26.94% from its 52-week high. The company has generated returns on investments over the last 12 months (5.81%).
with sales reaching $1.02B over the same period.The EPS is expected to shrink by -2.92% this year, but quarterly earnings will post 3.43% year-over-year. Quarterly sales are estimated to grow 4.20% in year-over-year returns.
Akamai Technologies Inc (AKAM) Top Institutional Holders
The shares outstanding are 146.09M, and float is at 143.17M with Short Float at 5.00%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.05 million shares valued at $1.63 billion. The investor’s holdings represent 11.8571% of the AKAM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 14.24 million shares valued at $1.28 billion to account for 9.3529 of the shares outstanding. The other top investors are STATE STREET CORP which holds 6.83 million shares representing 4.4839% and valued at over $615.01 million, while JPMORGAN CHASE & CO holds 3.2012 of the shares totaling 4.87 million with a market value of $439.08 million.
Akamai Technologies Inc (AKAM) Insider Activity
The most recent transaction is an insider sale by Karon Adam, the company’s COO & GM Edge Technology Group. SEC filings show that Karon Adam sold 3,927 shares of the company’s common stock on May 08 ’25 at a price of $85.02 per share for a total of $0.33 million. Following the sale, the insider now owns 10809.0 shares.
Akamai Technologies Inc disclosed in a document filed with the SEC on Mar 18 ’25 that Joseph Paul C (EVP – Global Sales) sold a total of 4,000 shares of the company’s common stock. The trade occurred on Mar 18 ’25 and was made at $83.37 per share for $0.33 million. Following the transaction, the insider now directly holds 37217.0 shares of the AKAM stock.
Still, SEC filings show that on Mar 18 ’25, Joseph Paul C (Officer) Proposed Sale 4,000 shares at an average price of $83.37 for $0.33 million. The insider now directly holds shares of Akamai Technologies Inc (AKAM).
