Akamai Technologies Inc’s filing revealed that its COO & GM Edge Technology Group Karon Adam unloaded Company’s shares for reported $0.33 million on May 08 ’25. In the deal valued at $85.02 per share,3,927 shares were sold. As a result of this transaction, Karon Adam now holds 10,809 shares worth roughly $0.82 million.
Then, Joseph Paul C sold 4,000 shares, generating $333,480 in total proceeds. Upon selling the shares at $83.37, the EVP – Global Sales now owns 37,217 shares.
Before that, Joseph Paul C bought 4,000 shares. Akamai Technologies Inc shares valued at $333,480 were divested by the Officer at a price of $83.37 per share.
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 Friday, Akamai Technologies Inc [NASDAQ:AKAM] saw its stock fall -10.76% to $76.25. Over the last five days, the stock has lost -7.62%. Akamai Technologies Inc shares have fallen nearly -20.28% since the year began. Nevertheless, the stocks have fallen -25.00% over the past one year. While a 52-week high of $106.80 was reached on 02/10/25, a 52-week low of $67.51 was recorded on 04/09/25. SMA at 50 days reached $79.36, while 200 days put it at $92.82.
Levels Of Support And Resistance For AKAM Stock
The 24-hour chart illustrates a support level at 73.67, which if violated will result in even more drops to 71.09. On the upside, there is a resistance level at 81.36. A further resistance level may holdings at 86.47. The Relative Strength Index (RSI) on the 14-day chart is 43.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.20, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bearish at 71.95%. Stochastics %K at 71.33% indicates the stock is a holding.
