Akamai Technologies Inc’s recent filing unveils 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 $0.84 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 Monday, Akamai Technologies Inc [NASDAQ:AKAM] saw its stock fall -0.21% to $77.87. Over the last five days, the stock has lost -1.17%. Akamai Technologies Inc shares have fallen nearly -18.59% since the year began. Nevertheless, the stocks have fallen -18.87% over the past one year.
How much short interest is there in Akamai Technologies Inc?
A steep rise in short interest was recorded in Akamai Technologies Inc stocks on 2025-04-30, growing by 0.56 million shares to a total of 7.15 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 6.59 million shares. There was a rise of 7.86%, which implies that there is a positive sentiment for the stock.
