Akamai Technologies Inc’s filing revealed that its EVP, Chief Marketing Officer Salem-Jackson Kim unloaded Company’s shares for reported $1.0 million on May 27 ’25. In the deal valued at $76.33 per share,13,157 shares were sold. As a result of this transaction, Salem-Jackson Kim now holds 43,575 shares worth roughly $3.32 million.
Then, Salem-Jackson Kim bought 13,157 shares, generating $1,004,248 in total proceeds.
Before that, Karon Adam sold 3,927 shares. Akamai Technologies Inc shares valued at $333,863 were divested by the COO & GM Edge Technology Group at a price of $85.02 per share. As a result of the transaction, Karon Adam now holds 10,809 shares, worth roughly $0.82 million.
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 jump 0.32% to $76.17. Over the last five days, the stock has gained 0.44%. Akamai Technologies Inc shares have fallen nearly -20.37% since the year began. Nevertheless, the stocks have fallen -16.15% 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 $77.91, while 200 days put it at $91.40.
Levels Of Support And Resistance For AKAM Stock
The 24-hour chart illustrates a support level at 75.12, which if violated will result in even more drops to 74.08. On the upside, there is a resistance level at 76.78. A further resistance level may holdings at 77.40. The Relative Strength Index (RSI) on the 14-day chart is 44.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.23%. Stochastics %K at 22.77% indicates the stock is a holding.
