Its a programmed selling of high P/E stocks. This is perhaps the delayed "Sell in May and go away." There is a vacuum before the next earnings reporting season begins - about one month away.
Maybe you could get institutional holders to post, 'cos insiders are not allowed. Point is that 90% of stock is held by institutions and 4% insiders, leaving 6% held by individual investors. Who like my self are have nothing to say, it's all been told........there is nothing more to say. See you at $300 in few years!!!
naahhhh....just letting the monthly stock move do the talking....this company is in the middle of the core of the hottest sector. Not saying it will continue for much longer but the new ground floor is around 50/sh so....if your buy in is below there is the add and quite frankly, I think we go much higher.....100!!!
There are few postings recently. it appears the enthusiasm of owning AKAM has subsided. Why? Can someone share some thoughts ? I think the stock should be slit; like 3 for 2, or declare stock dividends. No cash dividends are needed.
Akamai Technologies, Inc. (NASDAQ: AKAM), the global leader in content delivery network (CDN) services, today announced the opening of a new Security Operations Center (SOC) in Bangalore, India.
The new facility, which began operations in December 2014, adds significant bandwidth capacity and 24/7 expertise to Akamai’s extensive global cyber defense network. By year end, Bangalore will be the second largest Akamai SOC in terms of human resources outside of the United States.
Wonder if they sold their ~180 shares position obtained in Q-1 after the 20% run-up. It will be interesting to see the next Institutional Holders Q-2 disclosier for Oppenheimer, we'll know for fact what they did and are trying to do......, because that was brand new position for them. GL
Owner Name Date Shared Held Change (Shares) Change (%) Value (in 1,000s)
ONTARIO TEACHERS PENSION PLAN BOARD 03/31/2015 25,047 (2,234) (8.19) 1,953
OPPENHEIMER & CO INC 03/31/2015 61,877 (7,035) (10.21) 4,824
OPPENHEIMER FUNDS INC 03/31/2015 178,740 178,740 New 13,935
Sentiment: Strong Buy
There was an upgrade also this morning. I don't remember who. Sorry. But, Cramer thought this downgrade was ridiculous and told everyone not to sell, l that Akamiai was a great stock and was going higher. He said you do not hear that much out of this company, but it was a great company and was definitely going higher.
They downgraded from Outperform to Perform, siting "no major media events this summer compared to last year with the World Cup."
Does any one remember what Akamai said during the conference call when asked what was the impact of such events. I thought it wasn't all that big 2 or 3 pennies at the most from what I remember....
Funny that no one is talking about Apples new product cycle and how that is going to have a positive impact on Akamai's revenue!
Love to see us crush the numbers this year, and all the skeptics with it. Zoom to $300 once the value of the Co. is realized based on the endless internet revenue stream, and then split 7:1.
Sentiment: Strong Buy
Nice big deal with...., say Alibaba should do the trick.
Glad to hear that AT&T is moving forward with "Internet of Things" by investing billions over next few years in CapX., and this is despite the Net Neutrality regulation, which they are suing the government over,
We got an upgrade today! Guess Goldman thinks that this stock should be trading around P/E of 28.
"AKAM saw its price target raised to $53 from $51 at Goldman Sachs. Although the new target still represents a discount to AKAM's current price of $77.96, the boost is well-deserved, considering the equity has advanced more than 46% year-over-year and notched a 14-year high of $78.44 on Thursday. On the options front, short-term speculators have never been as call-focused during the past year as they are now. Akamai Technologies, Inc. sports a Schaeffer's put/call open interest ratio (SOIR) of 0.46, which ranks lower than any other comparable reading taken in the last 12 months."
MNGA is about to boost revenues because it’s just got a major order for its MagneGas® which will be used by one of America’s major transportation companies.
Not for sale! I'm sure that we've been approached by few, but we're better off on our own. We don't need any suitors to make us better. Poison pill is in place to protect us from hostile take over too. We'll partner with every body who needs to off load content off their pipeline or make their product better as is the case with CSCO.
Time and time Akamai has proven that what we do can't be duplicated. The sheer volume coming on line is going to be exponential in next few years. Technically, and because of physics, there is no better alternative at this time. Physically the cable companies couldn't lay down enough fiber optics to keep up with coming demand. So, they are going to use Akamai, just as AT&T is doing now after having a go on their own. And, it's not because we're the only game in town, got the market corr-nerd, it's because we're best in class. Why would they spend all that money when there is less expensive, reliable, secure, scale-able alternative to take care of their needs and their customers, all the while make money too.
In few years there will be people saying, why didn't I see this coming. How did I miss out on this incredible move! And I'll say, only if they listened to the Akamai management team, which has been delivering Q after Q, YOY, investing, delivering on their promises and correctly predicting future of the internet growth. I'll say only if you listened and watched the "2015 Investor Summit".
Cisco needs a cloud dance partner or they will be left out and I know for a fact Cisco will not be left out...Akamai is all about the future and right now Cisco is still much about the past. This needs to change in one fell swoop & I have a feeling it will
Dude, learn to use the "reply" function. And, please explain why you think is't bad choice......, content would be nice!
I'm not big on speculating and people have been opining about lots of different suitors (including IBM), but I keep coming back to Cisco Systems as needing to expand into more "cloud" type business...anyone else think AKAM/CSCO would be a force to contend with ? Would AKAM lose many big customers because of conflicting business interests ?