Is Akamai Technologies, Inc. (AKAM) a Lucrative Addition to Your Portfolio?

Blumofe Robert, EVP Platform & GM Enterprise, subtracted 5,000 shares of Akamai Technologies, Inc. (AKAM) from its portfolio at the rate of $88.12 per share valuing $440,600 on Aug 01. The insider left behind 21,290 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Akamai Technologies, Inc. (AKAM) was $89.37. Currently, the 1st Resistance Point for this stock is $90.79, with a 2nd Resistance Point sitting at $92.20. Meanwhile, this company’s stock has a 1st Support Level at $87.09 and a 2nd Support Level at $84.80. Akamai Technologies, Inc. (AKAM) stock has gained $3.45, or 4.02%, in the past five days. In the last full month, these shares have gained $6.91, or 8.38%. In the past three months, this stock’s price has risen by $14.92, or 20.04%. This year-to-date, Akamai Technologies, Inc. (AKAM) shares have gained $28.29, or 46.32%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Akamai Technologies, Inc. (AKAM) stock, 100% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .”

With 164,982 K shares outstanding, this company currently has a market capitalization of $14,718,044K. Akamai Technologies, Inc. (AKAM) generates $2,714 M in annual sales, amounting to annual net income of $298,370 K. This stock has generated a 1-Year Total Return of 24.13%, a 3-Year Total Return of 68.78%, and a 5-year Total Return of 47.91%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Jun-19, Akamai Technologies, Inc. (AKAM) reported earnings of $1.07 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.00 per share, representing a 0.07 difference and 6.55% surprise. In the previous quarter ending in Mar-19, the reported earnings of $1.10 represented a 0.08 difference from the consensus estimate calling for $1.02 per share, which was a 7.94% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $0.76 per share. This estimate came from a total of 9 Wall Street Analysts. Of those market experts, the high estimate was $0.80 and the low estimate was $0.73. In the year-ago quarter, Akamai Technologies, Inc. (AKAM) generated per-share earnings of $0.68. If the analysts are correct about the current quarter’s earnings, the growth will be +11.76% .

Turning our focus now to insider trading activity, there have been 13 purchases (92,953 shares in total) and 6 sale (26,247 shares in total) in the last 3 months. In the last 6 months, there have been 31 insider buys amounting to 273,107 shares and 22 insider sales amounting to 133,441 shares. In the past full year, 61 insider purchases were made (involving 388,400 shares) and 33 insider sell-offs equivalent to 950,789 shares.

Moving onto liquidity, Akamai Technologies, Inc. (AKAM) has a Current Ratio of 2.06, a Quick Ratio of 2.06 and a Cash Ratio of 1.56. Looking at this company’s capital structure, its Total Debt to Total Equity is 48.89, its Total Debt to Total Capital is 32.84, and its Total Debt to Total Assets is now 28.57. Looking even further ahead into the future, its Long-Term Debt to Equity is 27.38 and its Long-Term Debt to Total Capital is 18.39.