On Tuesday, Akamai Technologies Inc (NASDAQ: AKAM) opened lower -0.71% from the last session, before settling in for the closing price of $102.10. Price fluctuations for AKAM have ranged from $84.70 to $128.62 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 7.16%. Company’s average yearly earnings per share was noted 2.08% at the time writing. With a float of $147.11 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) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of Akamai Technologies Inc is 2.08%, while institutional ownership is 95.52%. The most recent insider transaction that took place on Jan 15 ’25, was worth 366,280. In this transaction EVP – Global Sales of this company sold 4,000 shares at a rate of $91.57, taking the stock ownership to the 23,104 shares. Before that another transaction happened on Jan 15 ’25, when Company’s Officer proposed sale 4,000 for $91.57, making the entire transaction worth $366,280.
Akamai Technologies Inc (AKAM) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.66 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.50% 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
Check out the current performance indicators for Akamai Technologies Inc (AKAM). In the past quarter, the stock posted a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.84. Likewise, its price to free cash flow for the trailing twelve months is 16.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.38, a number that is poised to hit 1.52 in the next quarter and is forecasted to reach 6.82 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 1.79 million, which is a jump from its year-to-date volume of 1.72 million. As of the previous 9 days, the stock’s Stochastic %D was 64.61%. Additionally, its Average True Range was 2.29.
During the past 100 days, Akamai Technologies Inc’s (AKAM) raw stochastic average was set at 75.48%, which indicates a significant decrease from 76.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.43% in the past 14 days, which was lower than the 33.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $96.59, while its 200-day Moving Average is $96.65. However, in the short run, Akamai Technologies Inc’s stock first resistance to watch stands at $101.88. Second resistance stands at $102.38. The third major resistance level sits at $103.04. If the price goes on to break the first support level at $100.72, it is likely to go to the next support level at $100.06. Now, if the price goes above the second support level, the third support stands at $99.56.
Akamai Technologies Inc (NASDAQ: AKAM) Key Stats
There are currently 150,227K shares outstanding in the company with a market cap of 15.23 billion. Presently, the company’s annual sales total 3,812 M according to its annual income of 547,630 K. Last quarter, the company’s sales amounted to 1,005 M and its income totaled 57,910 K.
