Akamai Technologies Inc’s recent filing unveils that its EVP – Global Sales Joseph Paul C unloaded Company’s shares for reported $0.39 million on Jul 15 ’25. In the deal valued at $77.74 per share,5,000 shares were sold. As a result of this transaction, Joseph Paul C now holds 32,349 shares worth roughly $2.55 million.
Then, Joseph Paul C bought 5,000 shares, generating $388,700 in total proceeds.
Before that, Blumofe Robert sold 3,254 shares. Akamai Technologies Inc shares valued at $253,714 were divested by the Chief Technology Officer at a price of $77.97 per share. As a result of the transaction, Blumofe Robert now holds 30,910 shares, worth roughly $2.43 million.
KeyBanc Capital Markets initiated its Akamai Technologies Inc [AKAM] rating to an Underweight in a research note published recently. TD Cowen also remained covering AKAM and has decreased its forecast on February 21, 2025 with a “Hold” recommendation from previously “Buy” rating. Piper Sandler revised its rating on February 21, 2025. It rated AKAM as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of AKAM
On Monday, Akamai Technologies Inc [NASDAQ:AKAM] saw its stock jump 0.03% to $78.71. Over the last five days, the stock has gained 1.68%. Akamai Technologies Inc shares have fallen nearly -19.01% since the year began. Nevertheless, the stocks have fallen -17.71% 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 2025-06-13, growing by 1.93 million shares to a total of 9.33 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 7.4 million shares. There was a rise of 20.68%, which implies that there is a positive sentiment for the stock.
