Insider Cluster (4 insiders) ·Filed Mar 9, 2026

AKAM

AKAMAI TECHNOLOGIES INC
BEARISH
Impact 6/10
Horizondays Processed6mo ago
Insider cluster: 4 insiders, $3.5M total
Actionable Insight ▼ Bearish

Monitor for upcoming earnings or guidance changes; coordinated C-suite selling may indicate caution on near-term prospects despite recent stock strength. Consider this a warning sign, especially if volume accelerates.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
AKAM ▲ +57.01% at T+60d
SHORT call ✗ call lost -57.01% · α vs SPY -45.02% · entry $102.11 → $160.32
Entry anchored
Mar 6, 03:59 PM ET
via exchange tick
T+1d
+2.34%
call -2.34% · α -2.52%
$104.50
settled 7mo ago
T+5d
+3.26%
call -3.26% · α -4.62%
$105.44
settled 7mo ago
T+20d
+11.54%
call -11.54% · α -14.34%
$113.89
settled 6mo ago
T+60d
+57.01%
call -57.01% · α -45.02%
$160.32
settled 4mo ago

Price Chart

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Executive Summary

Three Akamai executives — the CFO, COO, and EVP & General Counsel — sold shares in the past week, realizing $2.47 million in aggregate proceeds from open-market transactions. The sales represent modest insider selling from senior leadership, with no open-market buying observed.

Key Financial Metrics

Direction
selling
Total Value
$3.3M
Insiders
4

Key Facts

  • CFO Edward McGowan sold $982,821 worth of shares in an open-market transaction.
  • COO Adam Karon sold $1.83 million worth of shares, the largest individual sale in the cluster.
  • EVP & General Counsel Aaron Ahola sold $478,216 in shares.
  • SVP Laura Howell had non-cash derivative exercises and a $10,115 tax withholding sale — routine and not economically significant.
  • Total open-market selling by insiders: $3.3 million over 7 days (aligns with recent 30-day trend of $3.5M in sales).
  • Total insider selling represents ~0.021% of Akamai’s $15.6B market cap — modest but notable given concentration among C-suite.

Financial Impact

$3.3 million in open-market share sales by executives over 7 days

insider sentimentshareholder confidencepotential dilution signal

Risk Factors

  • Perception of insider lack of confidence, particularly with CFO and COO selling simultaneously.
  • Potential for increased selling pressure if other insiders follow.

Market Snapshot

Exchange
Nasdaq

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (6 trades, 7d window)cluster-AKAM-1773692404765
23 reports for AKAM
Performance horizon
75% Hit rate 3 of 4 directional calls best @ T+60▲ +41.49%Mar 3, 2026
Filters
Rows
Reports for AKAM — sortable, filterable
TypeNow
Jul 21, 2026
10w ago
Institutional Cluster
NEUTRAL ★ 3/10
$124.91 $115.20▼ −7.77%▼ −10.34%$106.93 (−14.39%)
Jul 8, 2026
12w ago
Press Release
NEUTRAL ★ 3/10
$126.57 $122.27▼ −3.40%▼ −6.67%$106.93 (−15.52%)
Jul 2, 2026
13w ago
Press Release
NEUTRAL ★ 4/10
$113.17 $113.75▲ +0.51%▲ +0.93%$106.93 (−5.51%)
Jun 4, 2026
17w ago
Press Release
NEUTRAL ★ 3/10
$158.98 $113.17▼ −28.81%▼ −27.44%$106.93 (−32.74%)
Jun 3, 2026
17w ago
Press Release
NEUTRAL ★ 3/10
$160.36 $113.17▼ −29.43%▼ −28.43%$106.93 (−33.32%)
Jun 2, 2026
17w ago
Press Release
NEUTRAL ★ 4/10
$160.32 $112.81▼ −29.63%▼ −28.07%$106.93 (−33.30%)
May 22, 2026
18w ago
8-K
MIXED ★ 6/10
$148.21 $120.33▼ −18.81%▼ −16.86%$106.93 (−27.85%)
May 20, 2026
19w ago
8-K
MIXED ★ 6/10
$143.55 $124.91▼ −12.98%▼ −13.73%$106.93 (−25.51%)
May 14, 2026
20w ago
Press Release
NEUTRAL ★ 5/10
$155.67 $133.50▼ −14.24%▼ −13.38%$106.93 (−31.31%)
May 7, 2026
21w ago
Press Release
MIXED ★ 5/10
$147.71 $149.32▲ +1.09%▲ +1.07%$106.93 (−27.61%)
Showing 10 of 23

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Report published Mar 16, 2026