|Bid||73.44 x 100|
|Ask||73.47 x 100|
|Day's Range||72.54 - 73.79|
|52 Week Range||44.65 - 78.28|
|PE Ratio (TTM)||58.31|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the March Bank of America Merrill Lynch Global Fund Manager Survey.
An activist investor campaign that's targeting margin expansion at Akamai Technologies, Inc. (NASDAQ: AKAM ) led KeyBanc Capital Markets to drop its bearish stance on the cloud services company. ...
Do we trade on the news out of Washington? Jim Cramer talks about Larry Kudlow and his stand on economic growth.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Technology sector is rising.
Shares of Acxiom (ACXM) scaled a 52-week high on notable acquisitions, strategic partnerships, expanding customer base and diversified product portfolio.
A JPMorgan analyst is upbeat on Akamai Technologies, Inc. (NASDAQ: AKAM ) after the company acted upon a recommendation from activist investor Elliott Management. The Analyst Analyst Sterling Auty upgraded ...
Cambridge-based Akamai Technologies Inc. will add a former Amazon.com Inc. executive to its board of directors, plus another to be named later, and work with activist investor Elliott Management to increase operating margins over the next several years, the company announced on Thursday morning. The announcement represents the first insight into the strategy that Elliott has in mind for Akamai (AKAM) since the hedge fund, led by billionaire Paul Singer, unveiled a significant stake in the firm in December, calling its shares undervalued.
In 4Q17 on a non-GAAP (generally accepted accounting principles) basis, its operating income came in at $150 million, a rise of 20% YoY. Its operating margin in the same period was 29.9%, a rise of 320 basis points. Likewise, in 2017, its operating margin was 27.5% compared to 25.8% in 2016.
Akamai Technologies Inc (NASDAQ:AKAM) delivered a less impressive 6.59% ROE over the past year, compared to the 12.01% return generated by its industry. AKAM’s results could indicate a relatively inefficientRead More...
Akamai said it will add two new independent directors to its board. Elliott Management in December disclosed it has taken a 6.5% stake in Akamai.