CFO of Akamai Technologies Inc. (AKAM) J Donald Sherman sells 5,000 shares of AKAM on 11/22/2010 at an average price of $49.25 a share.

Akamai Technologies Inc. has a market cap of $8.88 billion; its shares were traded at around $48.88 with a P/E ratio of 45.7 and P/S ratio of 10.3. Akamai Technologies Inc. had an annual average earning growth of 31.8% over the past 5 years.

AKAM is in the portfolios of Stanley Druckenmiller of Duquesne Capital Management, LLC, Bruce Kovner of Caxton Associates, George Soros of Soros Fund Management LLC, Jim Simons of Renaissance Technologies LLC, Columbia Wanger of Columbia Wanger Asset Management, PRIMECAP Management, RS Investment Management, Steven Cohen of SAC Capital Advisors, Louis Moore Bacon of Moore Capital Management, LP, Mario Gabelli of GAMCO Investors, Jeremy Grantham of GMO LLC.

This is the annual revenues and earnings per share of AKAM over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of AKAM.

CEO Recent Trades:

• Buy: President and CEO Paul Sagan bought 15,000 shares of AKAM stock on 08/06/2010 at the average price of 39.52. Paul Sagan owns at least 240,594 shares after this. The price of the stock has increased by 23.68% since.

This is the insider trade history vs. stock price of AKAM. For the complete insider trading history of AKAM, click here.

Directors and Officers Recent Trades:

• Buy: Director Peter J Kight bought 47,950 shares of AKAM stock on 08/11/2010 at the average price of 41.7. Peter J Kight owns at least 48,115 shares after this. The price of the stock has increased by 17.22% since.


• Buy: Director David W Kenny bought 25,000 shares of AKAM stock on 08/04/2010 at the average price of 38.78. David W Kenny owns at least 25,000 shares after this. The price of the stock has increased by 26.04% since.


• Sell: SVP and General Counsel Melanie Haratunian sold 2,000 shares of AKAM stock on 11/18/2010 at the average price of 48.54. Melanie Haratunian owns at least 16,196 shares after this. The price of the stock has increased by 0.7% since.


• Sell: Director Martin M Coyne Ii sold 2,500 shares of AKAM stock on 11/09/2010 at the average price of 51.92. Martin M Coyne Ii owns at least 10,000 shares after this. The price of the stock has decreased by 5.86% since.


• Sell: Director Martin M Coyne Ii sold 5,000 shares of AKAM stock on 10/12/2010 at the average price of 45. Martin M Coyne Ii owns at least 10,000 shares after this. The price of the stock has increased by 8.62% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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