Akamai Technologies, Inc. (AKAM) EPS Estimated At $0.45

January 16, 2018 - By Louis Casey

 Akamai Technologies, Inc. (AKAM) EPS Estimated At $0.45
Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.24, from 0.75 in 2017Q2. It increased, as 51 investors sold Akamai Technologies, Inc. shares while 138 reduced holdings. 38 funds opened positions while 150 raised stakes. 138.17 million shares or 0.41% less from 138.74 million shares in 2017Q2 were reported.
Koch reported 0.19% stake. Highbridge Mngmt Ltd Llc, New York-based fund reported 119,312 shares. Fil Limited owns 5.70 million shares for 0.8% of their portfolio. Commonwealth Of Pennsylvania School Empls Retrmt holds 13,941 shares. 468 were reported by Acadian Asset Mgmt Limited Liability. Tiedemann Wealth Limited Liability Co has 17,658 shares. Denver Inv Advsr Ltd Limited Liability Company invested 0.02% of its portfolio in Akamai Technologies, Inc. (NASDAQ:AKAM). 5,685 are held by Keybank Association Oh. 25,796 are held by Tudor Inv Et Al. Morgan Stanley owns 0.01% invested in Akamai Technologies, Inc. (NASDAQ:AKAM) for 580,985 shares. Carl Domino invested in 5,400 shares. Fcm Invs Tx reported 1,300 shares stake. Oakbrook Invs Limited Liability Corp holds 0.04% or 11,700 shares. Hsbc Holdings Public Limited Company reported 551,180 shares stake. Prentiss Smith And stated it has 29,267 shares or 0.86% of all its holdings.

Since October 2, 2017, it had 1 insider purchase, and 5 insider sales for $3.86 million activity. 17,537 shares were bought by LEIGHTON F THOMSON, worth $999,784. Wheaton William sold $498,100 worth of stock or 10,000 shares.

Analysts expect Akamai Technologies, Inc. (NASDAQ:AKAM) to report $0.45 EPS on February, 6.They anticipate $0.10 EPS change or 18.18 % from last quarter’s $0.55 EPS. AKAM’s profit would be $76.12 million giving it 36.40 P/E if the $0.45 EPS is correct. After having $0.41 EPS previously, Akamai Technologies, Inc.’s analysts see 9.76 % EPS growth. The stock increased 0.48% or $0.31 during the last trading session, reaching $65.52. About 1.08M shares traded. Akamai Technologies, Inc. (NASDAQ:AKAM) has declined 6.51% since January 16, 2017 and is downtrending. It has underperformed by 23.21% the S&P500.

Akamai Technologies, Inc. (NASDAQ:AKAM) Ratings Coverage

Among 29 analysts covering Akamai Tech (NASDAQ:AKAM), 14 have Buy rating, 3 Sell and 12 Hold. Therefore 48% are positive. Akamai Tech had 80 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, August 12 by Wells Fargo. UBS maintained the shares of AKAM in report on Wednesday, January 6 with “Buy” rating. The firm earned “Outperform” rating on Friday, August 28 by William Blair. The company was upgraded on Friday, August 28 by JMP Securities. The firm earned “Hold” rating on Wednesday, April 27 by Craig Hallum. The firm has “Hold” rating given on Wednesday, October 11 by Robert W. Baird. The firm has “Hold” rating given on Tuesday, July 25 by RBC Capital Markets. The firm has “Neutral” rating given on Friday, May 5 by Robert W. Baird. Oppenheimer upgraded the stock to “Outperform” rating in Wednesday, December 14 report. The rating was maintained by FBR Capital with “Underperform” on Wednesday, February 10.

Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the United States and internationally. The company has market cap of $11.08 billion. The firm offers Web and mobile performance solutions, such as Ion, a situational performance solution that consists of an integrated suite of Web delivery, acceleration, and optimization technologies; Dynamic Site Accelerator that helps in consistent Website performance; IP Application Accelerator to enable enterprises to deliver Internet Protocol applications; Global Traffic Management, a fault-tolerant solution; Image Manager that automatically optimizes online images; and Cloudlets, which provides self-serviceable controls and capabilities. It has a 39.19 P/E ratio. It also provides cloud security solutions, including Kona Site Defender, Bot Manager, Fast Domain Name System, Prolexic Routed, and Client Reputation; enterprise solutions comprising Enterprise Application Access and Akamai Cloud Connect.

More notable recent Akamai Technologies, Inc. (NASDAQ:AKAM) news were published by: Fool.com which released: “Why Akamai Technologies, Inc. Stock Popped Today” on December 18, 2017, also Bloomberg.com with their article: “Akamai Is Working With Morgan Stanley on Strategic Review” published on January 09, 2018, Prnewswire.com published: “Akamai Appoints Fari Ebrahimi As Chief Information Officer” on January 04, 2018. More interesting news about Akamai Technologies, Inc. (NASDAQ:AKAM) were released by: Reuters.com and their article: “Akamai working with Morgan Stanley for strategic review – report” published on January 09, 2018 as well as Bostonglobe.com‘s news article titled: “For Boston area stalwart Akamai, activist investor brings new questions” with publication date: December 20, 2017.

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