Media coverage about Akamai Technologies (NASDAQ:AKAM) has been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Akamai Technologies earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave headlines about the technology infrastructure company an impact score of 47.301628470845 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the headlines that may have impacted Accern’s rankings:

Shares of Akamai Technologies (AKAM) opened at $64.13 on Friday. The firm has a market cap of $10,847.72, a P/E ratio of 51.30, a price-to-earnings-growth ratio of 2.68 and a beta of 0.71. The company has a current ratio of 2.82, a quick ratio of 3.01 and a debt-to-equity ratio of 0.20. Akamai Technologies has a 52-week low of $44.65 and a 52-week high of $69.56.

Akamai Technologies (NASDAQ:AKAM) last released its earnings results on Tuesday, February 6th. The technology infrastructure company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.06. The business had revenue of $663.50 million during the quarter, compared to the consensus estimate of $649.08 million. Akamai Technologies had a net margin of 8.72% and a return on equity of 9.90%. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.72 EPS. equities research analysts forecast that Akamai Technologies will post 2.12 earnings per share for the current fiscal year.

Several research analysts have commented on the company. TheStreet downgraded Akamai Technologies from a “b-” rating to a “c+” rating in a research note on Thursday. Vetr raised Akamai Technologies from a “buy” rating to a “strong-buy” rating and set a $71.78 price objective for the company in a research note on Monday. MKM Partners upped their price objective on Akamai Technologies to $84.00 and gave the company a “buy” rating in a research note on Thursday. William Blair reaffirmed an “outperform” rating on shares of Akamai Technologies in a research note on Tuesday, February 6th. Finally, Piper Jaffray Companies upped their price objective on Akamai Technologies to $78.00 and gave the company an “overweight” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $68.95.

In other Akamai Technologies news, insider Rick M. Mcconnell sold 2,743 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $55.00, for a total transaction of $150,865.00. Following the transaction, the insider now directly owns 37,010 shares in the company, valued at approximately $2,035,550. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider William Wheaton sold 10,000 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $66.29, for a total value of $662,900.00. Following the transaction, the insider now owns 32,319 shares in the company, valued at $2,142,426.51. The disclosure for this sale can be found here. Insiders have sold a total of 61,112 shares of company stock valued at $3,562,575 in the last three months. Insiders own 3.20% of the company’s stock.

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Akamai Technologies Company Profile

Akamai Technologies, Inc is engaged in providing cloud services for delivering, optimizing and securing content and business applications over the Internet. The Company is involved in offering content delivery network (CDN) services. Its services include the delivery of content, applications and software over the Internet, as well as mobile and security solutions.

Insider Buying and Selling by Quarter for Akamai Technologies (NASDAQ:AKAM)

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