Akamai Technologies Inc (NASDAQ: AKAM) kicked off on Friday, down -0.76% from the previous trading day, before settling in for the closing price of $100.00. Over the past 52 weeks, AKAM has traded in a range of $84.70-$129.17.
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During the last 5-year period, the sales growth of Technology Sector giant was 7.05%. While this was happening, its average annual earnings per share was recorded 2.34%. With a float of $147.39 million, this company’s outstanding shares have now reached $150.62 million.
Let’s determine the extent of company efficiency that accounts for 10250 employees. In terms of profitability, gross margin is 56.92%, operating margin of 14.49%, and the pretax margin is 15.76%.
Akamai Technologies Inc (AKAM) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Akamai Technologies Inc is 1.89%, while institutional ownership is 96.86%. The most recent insider transaction that took place on Dec 13 ’24, was worth 347,419. In this transaction EVP & General Counsel of this company sold 3,500 shares at a rate of $99.26, taking the stock ownership to the 12,678 shares. Before that another transaction happened on Dec 13 ’24, when Company’s Officer proposed sale 3,500 for $99.26, making the entire transaction worth $347,419.
Akamai Technologies Inc (AKAM) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 2.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.00% during the next five years compared to 14.90% growth over the previous five years of trading.
Akamai Technologies Inc (NASDAQ: AKAM) Trading Performance Indicators
Take a look at Akamai Technologies Inc’s (AKAM) current performance indicators. Last quarter, stock had a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.73. Likewise, its price to free cash flow for the trailing twelve months is 16.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.38, a number that is poised to hit 1.53 in the next quarter and is forecasted to reach 6.60 in one year’s time.
Technical Analysis of Akamai Technologies Inc (AKAM)
Looking closely at Akamai Technologies Inc (NASDAQ: AKAM), its last 5-days average volume was 1.36 million, which is a drop from its year-to-date volume of 1.68 million. As of the previous 9 days, the stock’s Stochastic %D was 85.27%. Additionally, its Average True Range was 2.12.
During the past 100 days, Akamai Technologies Inc’s (AKAM) raw stochastic average was set at 65.79%, which indicates a significant decrease from 84.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.35% in the past 14 days, which was lower than the 36.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $98.35, while its 200-day Moving Average is $98.68. However, in the short run, Akamai Technologies Inc’s stock first resistance to watch stands at $100.06. Second resistance stands at $100.87. The third major resistance level sits at $101.50. If the price goes on to break the first support level at $98.62, it is likely to go to the next support level at $97.99. Should the price break the second support level, the third support level stands at $97.18.
Akamai Technologies Inc (NASDAQ: AKAM) Key Stats
The company with the Market Capitalisation of 14.80 billion has total of 150,227K Shares Outstanding. Its annual sales at the moment are 3,812 M in contrast with the sum of 547,630 K annual income. Company’s last quarter sales were recorded 1,005 M and last quarter income was 57,910 K.
