On November 27, 2024, William Wagner, Director at Akamai Technologies Inc (AKAM, Financial), sold 1,000 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 15,719 shares of the company.
Akamai Technologies Inc (AKAM) is a global leader in content delivery network (CDN) services, providing cloud services for delivering, optimizing, and securing online content and business applications. The company operates a network of servers worldwide, helping businesses improve the speed and reliability of their websites and applications.
The insider transaction history for Akamai Technologies Inc shows that there have been 1 insider buy and 24 insider sells over the past year. Over the same period, William Wagner has sold a total of 3,000 shares and purchased 0 shares.
As of the date of the recent transaction, shares of Akamai Technologies Inc were trading at $93.38, giving the stock a market cap of $14.1 billion. The company's price-earnings ratio stands at 27.77, which is higher than the industry median of 26.79 but lower than the company’s historical median price-earnings ratio.
With a trading price of $93.38 and a GF Value of $108.81, Akamai Technologies Inc has a price-to-GF-Value ratio of 0.86, indicating that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
