Akamai Technologies Inc’s recent filing unveils that its EVP and CHRO Williams Anthony P unloaded Company’s shares for reported $0.78 million on Mar 17 ’25. In the deal valued at $82.19 per share,9,500 shares were sold. As a result of this transaction, Williams Anthony P now holds 16,517 shares worth roughly $1.37 million.
Then, Williams Anthony P bought 9,500 shares, generating $780,853 in total proceeds.
Before that, Ahola Aaron sold 4,000 shares. Akamai Technologies Inc shares valued at $323,680 were divested by the EVP & General Counsel at a price of $80.92 per share. As a result of the transaction, Ahola Aaron now holds 25,211 shares, worth roughly $2.09 million.
TD Cowen downgraded its Akamai Technologies Inc [AKAM] rating to a Hold from a a Buy in a research note published on February 21, 2025; the price target was decreased to $98 from $125. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in late February from “an Overweight” to “a Neutral”. Craig Hallum also remained covering AKAM and has decreased its forecast on February 21, 2025 with a “Hold” recommendation from previously “Buy” rating. BofA Securities revised its rating on February 21, 2025. It rated AKAM as “a Neutral” which previously was an “a Buy”.
Price Performance Review of AKAM
On Monday, Akamai Technologies Inc [NASDAQ:AKAM] saw its stock jump 2.55% to $82.79. Over the last five days, the stock has lost -1.62%. Akamai Technologies Inc shares have fallen nearly -13.44% since the year began. Nevertheless, the stocks have fallen -24.41% over the past one year. While a 52-week high of $110.18 was reached on 02/10/25, a 52-week low of $75.50 was recorded on 02/24/25. SMA at 50 days reached $91.36, while 200 days put it at $95.28.
Levels Of Support And Resistance For AKAM Stock
The 24-hour chart illustrates a support level at 80.88, which if violated will result in even more drops to 78.98. On the upside, there is a resistance level at 84.19. A further resistance level may holdings at 85.60. The Relative Strength Index (RSI) on the 14-day chart is 43.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.34%. Stochastics %K at 37.05% indicates the stock is a holding.
How much short interest is there in Akamai Technologies Inc?
A steep rise in short interest was recorded in Akamai Technologies Inc stocks on 2025-02-28, dropping by -1.25 million shares to a total of 8.82 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.08 million shares. There was a decline of -14.18%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 16, 2024 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $110 price target.
