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Akamai Technologies Inc (NASDAQ: AKAM) closed the day trading at $76.73 down -21.73% from the previous closing price of $98.03. In other words, the price has decreased by -$21.73 from its previous closing price. On the day, 20.71 million shares were traded.
Ratios:
For a better understanding of AKAM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.44. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.95 whereas as Long-Term Debt/Eq ratio is at 0.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, TD Cowen on February 21, 2025, Downgraded its rating to Hold and sets its target price to $98 from $125 previously.
On February 21, 2025, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $112 to $100.
Craig Hallum Downgraded its Buy to Hold on February 21, 2025, while the target price for the stock was maintained at $90.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 15 ’25 when Joseph Paul C sold 4,000 shares for $91.57 per share. The transaction valued at 366,280 led to the insider holds 23,104 shares of the business.
Joseph Paul C bought 4,000 shares of AKAM for $366,280 on Jan 15 ’25. On Dec 16 ’24, another insider, McGowan Edward J, who serves as the Chief Financial Officer of the company, sold 10,782 shares for $98.71 each. As a result, the insider received 1,064,283 and left with 12,716 shares of the company.
Valuation Measures:
As of this moment, Akamai’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.54, and their Forward P/E ratio for the next fiscal year is 11.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.89 while its Price-to-Book (P/B) ratio in mrq is 2.36.
Stock Price History:
Over the past 52 weeks, AKAM has reached a high of $113.36, while it has fallen to a 52-week low of $84.70. The 50-Day Moving Average of the stock is -20.53%, while the 200-Day Moving Average is calculated to be -20.48%.
Shares Statistics:
A total of 150.00M shares are outstanding, with a floating share count of 147.33M. Insiders hold about 1.93% of the company’s shares, while institutions hold 96.56% stake in the company.
