Economy

Akamai Technologies Inc (NASDAQ:AKAM): Institutional Investors Are Worried

Akamai Technologies Inc Com now has $8.07B valuation. The Sandhill Capital Partners Llc holds 206,153 shares with $13.75 million value, up from 197,184 last quarter. Creative Planning raised its stake in Akamai Technologies by 27.2% in the first quarter. It is down 0.00% since September 2, 2016 and is. It also upped Range Res Corp (NYSE:RRC) stake by 220,969 shares and now owns 1.93M shares.

Shares of Akamai Technologies (NASDAQ:AKAM) opened at 46.80 on Wednesday. It has underperformed by 23.21% the S&P500. Short interest increased 63,088 over that timeframe. UBNT's SI was 8.02M shares in September as released by FINRA.

The stock decreased 0.15% or $0.07 on September 1, reaching $47.08. About 443,643 shares traded. (NASDAQ:AKAM) on 6 of the 11 measures compared between the two companies. It has outperformed by 80.48% the S&P500. Benson James M sold $1.44M worth of Akamai Technologies, Inc. Therefore 33% are positive. Morgan Stanley maintained it with "Underweight" rating and $48 target in Wednesday, July 26 report. The rating was downgraded by Goldman Sachs on Friday, November 20 to "Sell". On Monday, August 10 the stock rating was maintained by TD Securities with "Hold". The company was maintained on Friday, July 28 by Cowen & Co. The stock of Government Properties Income Trust (NASDAQ:GOV) earned "Underperform" rating by RBC Capital Markets on Monday, February 22. The firm has "Overweight" rating by Pacific Crest given on Thursday, August 20. This rating uses a scale from 1 to 5. Its Performance and Security Solutions include Web and Mobile Performance Solutions, Cloud Security Solutions, Enterprise Solutions and Network Operator Solutions. GOOGL's financial leverage ratio is 0.21, which indicates that the company's asset base is primarily funded by equity capital. The Company is involved in offering content delivery network (CDN) services. Company trades at a P/E ratio of 34.08, and is more expensive than the average stock in the Internet Information Providers industry.

Investors sentiment increased to 0.83 in 2016 Q4. Its down 0.24, from 1 in 2016Q3. 97 funds opened positions while 223 raised stakes. 8,692 are held by Dupont Cap Mngmt. Synovus Fincl accumulated 12,941 shares or 0.02% of the stock. Essex Financial Serv reported 6,958 shares. Washington Co stated it has 563 shares. Blackrock has 16,793 shares for 0% of their portfolio. The company now has an average rating of "Hold" and an average target price of $61.50. The fund owned 43,118 shares of the technology infrastructure company's stock after purchasing an additional 18,848 shares during the quarter. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Therefore 68% are positive. Akamai Tech had 50 analyst reports since July 29, 2015 according to SRatingsIntel. As per Wednesday, October 26, the company rating was upgraded by FBR Capital. The firm has "Neutral" rating given on Monday, April 3 by IBC. On Thursday, March 24 the stock rating was initiated by Stifel Nicolaus with "Hold". Comerica Bank now owns 81,011 shares of the technology infrastructure company's stock valued at $4,840,000 after purchasing an additional 7,058 shares during the last quarter. Angelo Gordon & Limited Partnership stated it has 0.27% in Akamai Technologies, Inc. Finally, BidaskClub cut Akamai Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 19th. On Wednesday, April 27 the stock rating was downgraded by Craig Hallum to "Hold".

07/17/2017 - Akamai Technologies, Inc. had its "buy" rating reiterated by analysts at Deutsche Bank.

Investors sentiment increased to 1 in 2016 Q4. Its down 0.39, from 1.14 in 2016Q3. Clearbridge Investments LLC raised its stake in Akamai Technologies by 13.1% in the first quarter. 144.67 million shares or 2.34% less from 148.13 million shares in 2016Q3 were reported. Amg Funds Ltd Liability Company reported 0.94% stake. Ahl Partners Limited Liability Partnership invested in 0.02% or 10,858 shares. 92,725 are held by Metropolitan Life Insurance. (NASDAQ:AKAM). Hbk Sorce Advisory Ltd Llc invested 0.04% in Akamai Technologies, Inc. (NASDAQ:AKAM). British Columbia Inv Corp holds 0.03% of its portfolio in Akamai Technologies, Inc. (NASDAQ:AKAM) for 6,224 shares.

05/25/2017 - Nomura began new coverage on Akamai Technologies, Inc. giving the company a "neutral" rating. First Trust Advisors LP raised its stake in Akamai Technologies by 41.8% in the second quarter. Bremer Tru Association, Minnesota-based fund reported 18,589 shares. Fil Limited invested 0.11% of its portfolio in Akamai Technologies, Inc. (NASDAQ:AKAM) for 1,300 shares.

Alphabet Inc. (GOOGL) pays out an annual dividend per share.

Since March 8, 2017, it had 2 insider buys, and 8 sales for $5.60 million activity. Following the completion of the acquisition, the chief executive officer now owns 205,861 shares of the company's stock, valued at approximately $10,385,687.45. On Monday, May 8 the insider Blumofe Robert sold $208,360. Shares for $277,346 were sold by HARATUNIAN MELANIE. 21,196 shares valued at $999,815 were bought by LEIGHTON F THOMSON on Wednesday, May 31. In contrast, the average volume was 2.12 million shares. On Wednesday, March 8 the insider Gemmell James sold $196,990.



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