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 $253,714 were sold by Blumofe Robert on Jun 12 ’25. At $77.97 per share, Blumofe Robert sold 3,254 shares. The insider’s holdings dropped to 30,910 shares worth approximately $2.43 million following the completion of this transaction.
Also, Blumofe Robert purchased 3,254 shares, netting a total of over 253,714 in proceeds.
Before that, Salem-Jackson Kim had sold 13,157 shares from its account. In a trade valued at $1,004,247, the EVP, Chief Marketing Officer traded Akamai Technologies Inc shares for $76.33 each. Upon closing the transaction, the insider’s holdings decreased to 13,157 shares, worth approximately $3.42 million.
As published in their initiating research note from KeyBanc Capital Markets on June 06, 2025, Akamai Technologies Inc [AKAM] has been an Underweight. As of February 21, 2025, TD Cowen has decreased its “Buy” rating to a “Hold” for AKAM. Earlier on February 21, 2025, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for AKAM stock which previously was a “an Overweight”.
Analyzing AKAM Stock Performance
On last trading session,, Akamai Technologies Inc [NASDAQ: AKAM] rose 0.41% to $78.51. The stock’s lowest price that day was $77.88, but it reached a high of $79.57 in the same session. During the last five days, there has been a surge of approximately 3.11%. Over the course of the year, Akamai Technologies Inc shares have dropped approximately -17.92%.
Support And Resistance Levels for Akamai Technologies Inc (AKAM)
RSI (Relative Strength Index) is 53.39 on the 14-day chart, showing neutral technical sentiment.
Is Akamai Technologies Inc subject to short interest?
Stocks of Akamai Technologies Inc saw a sharp rise in short interest on 2025-05-30 jumping by 2.6 million shares to 9.75 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 7.15 million shares. A jump of 26.66% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.18 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.18.
