Among 30 analysts covering Akamai Tech (NASDAQ:AKAM), 17 have Buy rating, 2 Sell and 11 Hold. Therefore 57% are positive. Akamai Tech had 95 analyst reports since July 29, 2015 according to SRatingsIntel. Oppenheimer maintained it with “Buy” rating and $6000 target in Wednesday, July 26 report. As per Thursday, July 30, the company rating was maintained by M Partners. The rating was upgraded by Credit Suisse to “Buy” on Monday, December 18. As per Monday, December 14, the company rating was initiated by Evercore. The rating was maintained by Piper Jaffray on Wednesday, September 20 with “Buy”. Morgan Stanley maintained it with “Equal-Weight” rating and $70 target in Wednesday, October 28 report. The stock has “Neutral” rating by JP Morgan on Wednesday, October 28. The rating was initiated by RBC Capital Markets on Thursday, March 24 with “Sector Perform”. The stock of Akamai Technologies, Inc. (NASDAQ:AKAM) has “Sell” rating given on Wednesday, July 27 by Goldman Sachs. The firm has “Overweight” rating given on Friday, March 9 by JP Morgan. See Akamai Technologies, Inc. (NASDAQ:AKAM) latest ratings:
15/03/2018 Broker: KeyBanc Capital Markets Old Rating: Underweight New Rating: Sector Weight Old Target: $57 Upgrade
09/03/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Upgrade
09/03/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $78 New Target: $88 Maintain
09/03/2018 Broker: Robert W. Baird Rating: Hold New Target: $76.0 Maintain
09/03/2018 Broker: J.P. Morgan Rating: Buy New Target: $90.0 Upgrade
08/03/2018 Broker: Cowen & Co Old Rating: Market Perform New Rating: Outperform Upgrade
06/03/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $80 New Target: $85 Maintain
07/02/2018 Broker: SunTrust Rating: Hold New Target: $70.0 Maintain
07/02/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $75 New Target: $78 Maintain
07/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $72.0 Maintain
Icon Advisers Inc increased Cypress Semiconductor Corp. (CY) stake by 78.51% reported in 2017Q3 SEC filing. Icon Advisers Inc acquired 85,500 shares as Cypress Semiconductor Corp. (CY)’s stock rose 1.94%. The Icon Advisers Inc holds 194,400 shares with $2.92M value, up from 108,900 last quarter. Cypress Semiconductor Corp. now has $6.33B valuation. The stock decreased 2.22% or $0.405 during the last trading session, reaching $17.835. About 1.46M shares traded. Cypress Semiconductor Corporation (NASDAQ:CY) has risen 39.45% since March 22, 2017 and is uptrending. It has outperformed by 22.75% the S&P500.
Since October 2, 2017, it had 1 buy, and 7 selling transactions for $4.78 million activity. The insider MCCONNELL RICK M sold 7,579 shares worth $386,529. $498,100 worth of stock was sold by Wheaton William on Monday, October 2. 8,430 shares were sold by Gemmell James, worth $564,810 on Friday, February 16. 17,537 Akamai Technologies, Inc. (NASDAQ:AKAM) shares with value of $999,784 were bought by LEIGHTON F THOMSON.
The stock decreased 0.98% or $0.72 during the last trading session, reaching $72.67. About 151,904 shares traded. Akamai Technologies, Inc. (NASDAQ:AKAM) has declined 6.51% since March 22, 2017 and is downtrending. It has underperformed by 23.21% the S&P500.
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 $12.36 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 57.67 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.
Investors sentiment decreased to 0.82 in 2017 Q3. Its down 0.17, from 0.99 in 2017Q2. It dropped, 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. Bbva Compass Retail Bank has 18,526 shares for 0.06% of their portfolio. The Wisconsin-based Skylands Cap Limited Liability Corporation has invested 0.22% in Akamai Technologies, Inc. (NASDAQ:AKAM). Twin Tree Management Lp owns 0.05% invested in Akamai Technologies, Inc. (NASDAQ:AKAM) for 124,778 shares. Miller Howard Investments reported 35,068 shares or 0.04% of all its holdings. Bremer Tru National Association holds 0.15% in Akamai Technologies, Inc. (NASDAQ:AKAM) or 11,141 shares. Leuthold Limited Liability Company has invested 0.06% in Akamai Technologies, Inc. (NASDAQ:AKAM). Northern Trust Corp stated it has 2.11 million shares. Oakworth Capital has invested 0% in Akamai Technologies, Inc. (NASDAQ:AKAM). Ww Asset Mngmt holds 0.02% in Akamai Technologies, Inc. (NASDAQ:AKAM) or 15,227 shares. Adage Ptnrs Gru Ltd Liability stated it has 244,900 shares. State Teachers Retirement holds 0.03% or 278,496 shares. 21,834 are owned by State Of Alaska Department Of Revenue. 137,679 were reported by Bb&T Corporation. 26,166 were accumulated by Cibc Asset Mgmt. Cantab Cap Limited Liability Partnership owns 12,618 shares or 0.09% of their US portfolio.
Since October 16, 2017, it had 0 insider purchases, and 8 selling transactions for $2.70 million activity. GOPALSWAMY SUDHIR sold $46,538 worth of Cypress Semiconductor Corporation (NASDAQ:CY) on Monday, December 18. 43,991 Cypress Semiconductor Corporation (NASDAQ:CY) shares with value of $774,052 were sold by El-Khoury Hassane. $184,913 worth of Cypress Semiconductor Corporation (NASDAQ:CY) shares were sold by GEHA SAM. $1.18M worth of Cypress Semiconductor Corporation (NASDAQ:CY) shares were sold by Thad Trent.
Icon Advisers Inc decreased Mylan Inc. (NASDAQ:MYL) stake by 42,000 shares to 28,000 valued at $878,000 in 2017Q3. It also reduced Allergan Plc stake by 4,500 shares and now owns 64,200 shares. Kellogg Co. (NYSE:K) was reduced too.