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as 11-15-2024 4:00pm EST
Akamai operates a content delivery network, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. The firm also offers security and cloud computing for its customers, and those businesses have grown to be bigger than the legacy CDN.
| Founded: | 1998 | Country: | United States |
| Employees: | N/A | City: | CAMBRIDGE |
| Market Cap: | 15.3B | IPO Year: | 1999 |
| Target Price: | $116.29 | AVG Volume (30 days): | 2.3M |
| Analyst Decision: | Buy | Number of Analysts: | 18 |
| Dividend Yield: | N/A | Dividend Payout Frequency: | N/A |
| EPS: | 3.38 | EPS Growth: | 2.15 |
| 52 Week Low/High: | $86.78 - $129.17 | Next Earning Date: | 11-07-2024 |
| Revenue: | $3,966,246,000 | Revenue Growth: | 5.92% |
| Revenue Growth (this year): | 6.82% | Revenue Growth (next year): | 6.83% |
Stock Insider Trading Activity of Akamai Technologies Inc. (AKAM)
| Name | Ticker | Relationship | Date | Transaction | AVG Cost Per Share | Shares | Total Value | Securities Owned After Transaction(s) | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|---|
| Joseph Paul C | AKAM | EVP - Global Sales | Sep 13 '24 | Sell | $97.30 | 4,000 | $389,200.00 | 30,703 | |
| Wagner William Raymond | AKAM | Director | Aug 27 '24 | Sell | $100.73 | 1,000 | $100,730.00 | 16,719 |
Latest Akamai Technologies Inc. News
AKAM Breaking Stock News: Dive into AKAM Ticker-Specific Updates for Smart Investing
MT Newswires
2 days ago
Akamai Technologies to Acquire Select Edgio Assets Via Bankruptcy Sale
PR Newswire
2 days ago
Akamai Announces Winning Bid for Select Assets of Edgio
PR Newswire
3 days ago
Avesha Technologies Joins Akamai Qualified Compute Partner Program
MT Newswires
4 days ago
Citigroup Adjusts Price Target on Akamai Technologies to $104 From $115, Maintains Neutral Rating
PR Newswire
4 days ago
New Study Finds 84% of Security Professionals Experienced an API Security Incident in the Past Year
Argus Research
5 days ago
AKAM: Lowering target price to $99.00
PR Newswire
5 days ago
Akamai Launches Cloud-Agnostic, Ready-to-Run Application Platform
TipRanks
5 days ago
Akamai price target lowered to $115 from $120 at Baird
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