New insider activity at Akamai ( (AKAM) ) has taken place on March 18, 2025.
EVP and CHRO Anthony P Williams recently sold 9,500 shares of Akamai stock, amounting to a total transaction value of $780,805.
Recent Updates on AKAM stock
In the last 24 hours, Akamai Technologies has experienced notable developments impacting its stock performance. The company’s CEO, Thomson Leighton, made a significant purchase of 37.7K shares, totaling $3 million, which has positively influenced the stock price, increasing it by 2.1% after hours. However, several analysts have adjusted their price targets for Akamai, citing mixed results from the company’s recent earnings call. Citi lowered its price target due to perceived uncertainties and a ‘mixed-bag’ Q4 report. RBC Capital also reduced its target, highlighting noisy trends and below-consensus 2025 guidance, exacerbated by foreign exchange headwinds. Scotiabank, while acknowledging positive Q4 results, lowered its target due to disappointing FY25 guidance. These adjustments reflect a cautious outlook amid Akamai’s challenges, including declining delivery revenue and the impact of a major customer’s DIY strategy, despite strong growth in its security and cloud computing segments.
More about Akamai
YTD Price Performance: -15.40%
Average Trading Volume: 2,575,815
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $12.14B