Akamai Technologies (NASDAQ:AKAM – Get Free Report) is anticipated to issue its quarterly earnings data after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $1.52 per share and revenue of $1.02 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Akamai Technologies Trading Down 0.6 %
Shares of AKAM stock opened at $99.37 on Wednesday. The business’s fifty day moving average price is $96.63 and its 200 day moving average price is $97.95. Akamai Technologies has a 1-year low of $84.70 and a 1-year high of $113.36. The firm has a market capitalization of $14.93 billion, a PE ratio of 29.40, a P/E/G ratio of 3.56 and a beta of 0.65. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.33 and a quick ratio of 1.33.
Insider Activity
In related news, Director William Raymond Wagner sold 1,000 shares of the stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $93.38, for a total transaction of $93,380.00. Following the transaction, the director now directly owns 15,719 shares in the company, valued at approximately $1,467,840.22. This represents a 5.98 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Edward J. Mcgowan sold 10,782 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $98.71, for a total value of $1,064,291.22. Following the transaction, the chief financial officer now owns 12,716 shares in the company, valued at $1,255,196.36. This trade represents a 45.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,782 shares of company stock worth $1,523,951 over the last three months. 1.80% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Read Our Latest Report on AKAM
About Akamai Technologies
Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.
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