Akamai Technologies, Inc. (NASDAQ:AKAM) had its Overweight rating reiterated by Piper Jaffray Companies with a $89.00 price target

ME Staff
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Analyst Ratings For Akamai Technologies, Inc. (NASDAQ:AKAM)

Today, Piper Jaffray Companies reiterated its Overweight rating on Akamai Technologies, Inc. (NASDAQ:AKAM) with a price target of $89.00.

There are 1 sell ratings, 9 hold ratings, 13 buy ratings, 0 strong buy ratings on the stock.

The current consensus rating on Akamai Technologies, Inc. (NASDAQ:AKAM) is Buy with a consensus target price of $75.50 per share, a potential 4.59% downside.

Some recent analyst ratings include

  • 7/20/2018-Piper Jaffray Companies Reiterated Rating of Overweight.
  • 5/1/2018-Craig Hallum Reiterated Rating of Buy.
  • 5/1/2018-Citigroup Reiterated Rating of Outperform.

Recent Insider Trading Activity For Akamai Technologies, Inc. (NASDAQ:AKAM)
Akamai Technologies, Inc. (NASDAQ:AKAM) has insider ownership of 3.20% and institutional ownership of 86.57%.

  • On 7/10/2018 Aaron Ahola, SVP, sold 4,543 with an average share price of $76.11 per share and the total transaction amounting to $345,767.73.
  • On 7/10/2018 Paul Sagan, Director, sold 39,100 with an average share price of $76.09 per share and the total transaction amounting to $2,975,119.00.
  • On 7/6/2018 Adam Karon, EVP, sold 10,000 with an average share price of $75.00 per share and the total transaction amounting to $750,000.00.
  • On 7/5/2018 Aaron Ahola, SVP, sold 4,500 with an average share price of $74.00 per share and the total transaction amounting to $333,000.00.
  • On 7/5/2018 Naomi O Seligman, Director, sold 7,855 with an average share price of $74.00 per share and the total transaction amounting to $581,270.00.
  • On 6/12/2018 William Wheaton, Insider, sold 5,000 with an average share price of $80.05 per share and the total transaction amounting to $400,250.00.
  • On 5/9/2018 William Wheaton, Insider, sold 5,000 with an average share price of $75.00 per share and the total transaction amounting to $375,000.00.

About Akamai Technologies, Inc. (NASDAQ:AKAM)
Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the United States and internationally. The company offers Web and mobile performance solutions, such as Ion, a situational performance solution; Dynamic Site Accelerator that helps in consistent Website performance; Image Manager that automatically optimizes online images; CloudTest to conduct load testing and other analysis of Websites in a pre-production environment; mPulse that provides real-time Website performance data to provide insight about end-user experiences on a Website; and Global Traffic Management, a fault-tolerant solution. It also provides cloud security solutions, including Web Application Protector to safeguard Web assets from Web application and distributed denial of service; Kona Site Defender, a cloud computing security solution; Bot Manager Premier to identify bots; Fast DNS, which translates human-readable domain names into numerical IP addresses; Prolexic Routed to protect Web- and IP-based applications; and Client Reputation for protection against DDoS and Web application attacks. In addition, the company offers enterprise security solutions, including Enterprise Application Access that enables remote access to applications; and Enterprise Threat Protector to enable enterprise security teams to identify, block, and mitigate targeted threats. Further, it provides network operator solutions, including Aura Licensed CDN, Aura Managed CDN, and Intelligent DNS solutions, as well as professional services and solutions; media delivery solutions, such as adaptive delivery, download delivery, infinite media acceleration, media services, and media analytics solutions; and NetStorage, a cloud storage solution. The company sells its solutions through direct sales and service organization; and channel partners. Akamai Technologies, Inc. was founded in 1998 and is headquartered in Cambridge, Massachusetts.

Recent Trading Activity for Akamai Technologies, Inc. (NASDAQ:AKAM)
Shares of Akamai Technologies, Inc. closed the previous trading session at 78,96 +0,72 0,92 % with 79.18 shares trading hands.