The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Akamai Technologies Inc shares valued at $1,004,247 were sold by Salem-Jackson Kim on May 27 ’25. At $76.33 per share, Salem-Jackson Kim sold 13,157 shares. The insider’s holdings dropped to 43,575 shares worth approximately $3.32 million following the completion of this transaction.
Also, Salem-Jackson Kim purchased 13,157 shares, netting a total of over 1,004,248 in proceeds.
Before that, Karon Adam had sold 3,927 shares from its account. In a trade valued at $333,863, the COO & GM Edge Technology Group traded Akamai Technologies Inc shares for $85.02 each. Upon closing the transaction, the insider’s holdings decreased to 3,927 shares, worth approximately $0.82 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 -0.43%. Over the course of the year, Akamai Technologies Inc shares have dropped approximately -20.45%. 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 75.39, which, if violated, would cause prices to drop to 74.70. In the upper region, resistance lies at 76.89. The next price resistance is at 77.70. RSI (Relative Strength Index) is 44.46 on the 14-day chart, showing neutral technical sentiment.
