Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Akamai Technologies Inc shares valued at $333,863 were sold by Karon Adam on May 08 ’25. At $85.02 per share, Karon Adam sold 3,927 shares. The insider’s holdings dropped to 10,809 shares worth approximately $0.83 million following the completion of this transaction.
Also, Joseph Paul C sold 4,000 shares, netting a total of over 333,480 in proceeds. Following the sale of shares at $83.37 each, the insider now holds 37,217 shares.
Before that, Joseph Paul C had added 4,000 shares to its account. In a trade valued at $333,480, the Officer bought Akamai Technologies Inc shares for $83.37 each.
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 surge of approximately 0.74%. Over the course of the year, Akamai Technologies Inc shares have dropped approximately -19.41%. 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.
Support And Resistance Levels for Akamai Technologies Inc (AKAM)
According to the 24-hour chart, there is a support level at 76.19, which, if violated, would cause prices to drop to 75.31. In the upper region, resistance lies at 78.01. The next price resistance is at 78.95. RSI (Relative Strength Index) is 45.89 on the 14-day chart, showing neutral technical sentiment.
