The Street Is Finally Waking Up To Akamai Technologies Inc (NASDAQ: AKAM)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Akamai Technologies Inc is listed on the NASDAQ as a member of the Technology sector and is a part of the Software – Infrastructure industry. The current market capitalization of Akamai Technologies Inc is $14.68B. A total of 1.81 million shares were traded on the day, compared to an average of 1.87M shares.

In the most recent transaction, Joseph Paul C sold 4,000 shares of AKAM for 91.57 per share on Jan 15 ’25. After the transaction, the EVP – Global Sales now owns 23,104 company shares. In a previous transaction on Jan 15 ’25, Joseph Paul C bought 4,000 shares at 91.57 per share.

Among the insiders who sold shares, McGowan Edward J disposed of 10,782 shares on Dec 16 ’24 at a per-share price of $98.71. This resulted in the Chief Financial Officer holding 12,716 shares of AKAM after the transaction. In another insider transaction, McGowan Edward J bought 10,782 shares at $98.71 per share on Dec 16 ’24.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, AKAM has a high of $129.17 and a low of $84.70.

As of this writing, AKAM has an earnings estimate of $1.53 per share for the current quarter. EPS was calculated based on a consensus of 20.0 estimates, with a high estimate of $1.61 per share and a lower estimate of $1.5.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. AKAM’s latest balance sheet shows that the firm has $1.08B in Cash & Short Term Investments as of fiscal 2021. There were $2.86B in debt and $790.34M in liabilities at the time. Its Book Value Per Share was $31.83, while its Total Shareholder’s Equity was $4.53B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AKAM is Buy with a score of 4.32.

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