Akamai Technologies (AKAM) Ownership Increased by Baird Financial Group, Inc

Akamai Technologies Inc

(AKAM) most recent 13F filing, the company has 53 new institutional holders - accounting for 3.07 million shares of its common stock. SunTrust Banks also issued estimates for Akamai Technologies' Q4 2017 earnings at $0.46 EPS, Q3 2018 earnings at $0.47 EPS, Q4 2018 earnings at $0.56 EPS and FY2018 earnings at $1.84 EPS.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings data on Tuesday, October 24th.

Market capitalization is the total market value of all of a company's outstanding shares. The business had revenue of $584.10 million for the quarter, compared to analysts' expectations of $571.92 million. Enterprise Finance has invested 0.01% in Akamai Technologies, Inc. During the same quarter in the prior year, the firm earned $0.68 earnings per share.

Akamai Technologies, Inc. (NASDAQ:AKAM) tumbled -18.63% year-to-date. If you are viewing this news story on another website, it was copied illegally and reposted in violation of USA & global trademark and copyright law.

APG Asset Management N.V. reduced its position in Akamai Technologies, Inc.

AKAM has been the topic of several other reports. Cowen and Company reiterated a "hold" rating and set a $61.00 price objective on shares of Akamai Technologies in a research report on Friday, July 21st. Fairpointe Capital Llc acquired 981,069 shares as Akamai Technologies (AKAM)'s stock declined 24.00%. The rating was maintained by B. Riley & Co with "Buy" on Wednesday, October 25. Finally, Vetr downgraded shares of Akamai Technologies from a "strong-buy" rating to a "buy" rating and set a $52.07 price objective on the stock.in a research report on Wednesday, September 13th. Wells Fargo & Co. restated an "outperform" rating and set a $77.00 price target (up from $73.00) on shares of Akamai Technologies in a report on Wednesday, December 21st. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company's stock.

In the market the company is trading up since yesterday's close of 53.52. The stock had a trading volume of 1,682,700 shares, compared to its average volume of 2,179,156. Akamai Technologies now has a P/E ratio of 32.12 and the market cap is 9.08B. Akamai Technologies has a 1 year low of $44.65 and a 1 year high of $71.64. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.20. First Trust Advisors LP lifted its position in shares of Akamai Technologies by 2.3% in the third quarter. Following the completion of the transaction, the director now owns 60,489 shares of the company's stock, valued at $4,101,759.09. The institutional investor held 10,775 shares of the miscellaneous company at the end of 2017Q2, valued at $537,000, down from 16,980 at the end of the previous reported quarter. Janus Henderson Group PLC grew its position in shares of Akamai Technologies by 5,158.8% in the second quarter. Raymond James & Associates now owns 293,984 shares valued at $14,323,000. (NASDAQ:AKAM) news were published by: Fool.com which released: "Why Akamai Technologies, NuVasive, and MacroGenics Jumped Today" on October 25, 2017, also Investorplace.com with their article: "Akamai Technologies, Inc". Advisory Services Network LLC now owns 2,025 shares of the technology infrastructure company's stock valued at $101,000 after buying an additional 168 shares during the period. Sumitomo Mitsui Asset Management Company LTD raised its position in Akamai Technologies by 1.7% in the second quarter.

Akamai Technologies, Inc. (AKAM) has an annual dividend of $0, while its annual dividend yield is 0%. The stock was sold at an average price of $49.81, for a total value of $498,100.00.

The most recent non open market insider trade was completed by LEIGHTON F THOMSON on 07/14/2017, and was a acquisition of 19,817 shares with a final price of $50.45. The share price has yet to cross its 20 days moving average, floating at a distance of -7.49% and sits -13.99% lower versus its 50 days moving average. Balyasny Asset Mngmt Limited Liability owns 0.02% invested in Array Biopharma Inc (NASDAQ:ARRY) for 719,124 shares. The disclosure for this purchase can be found here. On average, equities research analysts anticipate that Akamai Technologies will post $2.67 earnings per share for the current fiscal year.



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