Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Akamai Technologies Inc shares valued at $333,480 were sold by Joseph Paul C on Mar 18 ’25. At $83.37 per share, Joseph Paul C sold 4,000 shares. The insider’s holdings dropped to 37,217 shares worth approximately $2.75 million following the completion of this transaction.
Also, Joseph Paul C purchased 4,000 shares, netting a total of over 333,480 in proceeds.
Before that, Williams Anthony P had sold 9,500 shares from its account. In a trade valued at $780,805, the EVP and CHRO traded Akamai Technologies Inc shares for $82.19 each. Upon closing the transaction, the insider’s holdings decreased to 9,500 shares, worth approximately $1.22 million.
Analysts at TD Cowen downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late February. As of February 21, 2025, Piper Sandler has decreased its “an Overweight” rating to a “Neutral” for AKAM. Earlier on February 21, 2025, Craig Hallum downgraded its rating. Their new recommendation was “a Hold” for AKAM stock which previously was a “a Buy”.
Analyzing AKAM Stock Performance
During the last five days, there has been a drop of approximately -3.33%. Over the course of the year, Akamai Technologies Inc shares have dropped approximately -22.83%. Shares of the company reached a 52-week high of $103.75 on 02/10/25 and a 52-week low of $67.51 on 04/09/25. A 50-day SMA is recorded $83.80, while a 200-day SMA reached $93.99.
Support And Resistance Levels for Akamai Technologies Inc (AKAM)
According to the 24-hour chart, there is a support level at 72.85, which, if violated, would cause prices to drop to 71.89. In the upper region, resistance lies at 75.17. The next price resistance is at 76.54. RSI (Relative Strength Index) is 41.05 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.54, which suggests the price will decrease in the coming days. Percent R is at 56.49%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
