Akamai Technologies Inc’s recent filing unveils that its EVP – Global Sales Joseph Paul C unloaded Company’s shares for reported $0.33 million on Mar 18 ’25. In the deal valued at $83.37 per share,4,000 shares were sold. As a result of this transaction, Joseph Paul C now holds 37,217 shares worth roughly $3.0 million.
Then, Joseph Paul C bought 4,000 shares, generating $333,480 in total proceeds.
Before that, Williams Anthony P sold 9,500 shares. Akamai Technologies Inc shares valued at $780,805 were divested by the EVP and CHRO at a price of $82.19 per share. As a result of the transaction, Williams Anthony P now holds 16,517 shares, worth roughly $1.33 million.
A number of analysts have revised their coverage, including TD Cowen’s analysts, who decreased its forecast for the stock in late February from “a Buy” to “a Hold”. Piper Sandler also remained covering AKAM and has decreased its forecast on February 21, 2025 with a “Neutral” recommendation from previously “an Overweight” rating. Craig Hallum revised its rating on February 21, 2025. It rated AKAM as “a Hold” which previously was an “a Buy”.
Price Performance Review of AKAM
On Monday, Akamai Technologies Inc [NASDAQ:AKAM] saw its stock jump 0.56% to $80.50. Over the last five days, the stock has lost -2.74%. Akamai Technologies Inc shares have fallen nearly -15.84% since the year began. Nevertheless, the stocks have fallen -26.57% over the past one year. While a 52-week high of $109.98 was reached on 02/10/25, a 52-week low of $75.50 was recorded on 02/24/25. SMA at 50 days reached $89.30, while 200 days put it at $94.83.
Levels Of Support And Resistance For AKAM Stock
The 24-hour chart illustrates a support level at 78.92, which if violated will result in even more drops to 77.33. On the upside, there is a resistance level at 81.53. A further resistance level may holdings at 82.55. The Relative Strength Index (RSI) on the 14-day chart is 41.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.85%. Stochastics %K at 33.32% 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 2025-03-14, dropping by -2.41 million shares to a total of 7.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 10.27 million shares. There was a decline of -30.67%, which implies that there is a negative sentiment for the stock.
