While the dollar volume is not large relative to market cap, the concentration of selling among top executives—especially in the absence of any offsetting purchases—warrants caution. Traders should monitor upcoming earnings, guidance, or strategic updates for potential downward revisions or macro concerns in the cybersecurity/content delivery space.
Price Chart
Executive Summary
A cluster of insider activity at Akamai Technologies over the past week includes multiple open-market share sales totaling approximately $2.3 million, primarily by senior executives including the CFO and EVPs, alongside routine derivative exercises with no cash value. The selling activity, though modest in dollar terms, involves key C-suite members and may signal caution ahead of potential company-specific developments.
Key Financial Metrics
Key Facts
- Three open-market sales occurred: Mani Sundaram (EVP Security) sold $886,180 worth of shares, Miller Jon sold $1.13M, and Ranganathan Madhu sold $319,362.
- Total open-market sales in the cluster: ~$2.3 million over 7 days, consistent with recent 30-day trend.
- Multiple C-suite executives exercised derivatives (M-coded transactions), including CEO Leighton, CFO McGowan, COO Karon, and other EVPs — all non-cash events valued at $0.
- No open-market purchases were recorded in the cluster.
Financial Impact
$2.3 million in net insider selling over 7 days, representing 0.016% of Akamai's $14.6B market cap
Risk Factors
- Insider selling can precede negative earnings or guidance surprises.
- Concentration of sales among security and sales leadership may reflect sector-specific concerns in Akamai's core business lines.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (20 trades, 7d window) | cluster-AKAM-1772839895690 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 21, 2026 10w ago | Institutional Cluster | $124.91 $115.20 | ▼ −7.77% | ▼ −10.34% | $106.93 (−14.39%) |
Jul 8, 2026 12w ago | Press Release | $126.57 $122.27 | ▼ −3.40% | ▼ −6.67% | $106.93 (−15.52%) |
Jul 2, 2026 13w ago | Press Release | $113.17 $113.75 | ▲ +0.51% | ▲ +0.93% | $106.93 (−5.51%) |
Jun 4, 2026 17w ago | Press Release | $158.98 $113.17 | ▼ −28.81% | ▼ −27.44% | $106.93 (−32.74%) |
Jun 3, 2026 17w ago | Press Release | $160.36 $113.17 | ▼ −29.43% | ▼ −28.43% | $106.93 (−33.32%) |
Jun 2, 2026 17w ago | Press Release | $160.32 $112.81 | ▼ −29.63% | ▼ −28.07% | $106.93 (−33.30%) |
May 22, 2026 18w ago | 8-K | $148.21 $120.33 | ▼ −18.81% | ▼ −16.86% | $106.93 (−27.85%) |
May 20, 2026 19w ago | 8-K | $143.55 $124.91 | ▼ −12.98% | ▼ −13.73% | $106.93 (−25.51%) |
May 14, 2026 20w ago | Press Release | $155.67 $133.50 | ▼ −14.24% | ▼ −13.38% | $106.93 (−31.31%) |
May 7, 2026 21w ago | Press Release | $147.71 $149.32 | ▲ +1.09% | ▲ +1.07% | $106.93 (−27.61%) |
US Market Status
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