Akamai Technologies Inc (AKAM) has something relatively rare for a stock with this much short interest, that being insiders taking the other side of the trade. Looking back over the trailing six month period, AKAM has seen 2 different instances of insider buying, as summarized by the table below:
|12/05/2013||F. Thomson Leighton||Chief Executive Officer||25,000||$45.28||$1,132,000.00|
|12/11/2013||George H. Conrades||Director||20,000||$44.95||$899,100.00|
Below is a chart showing the "days to cover" for AKAM over time:
And looking at the chart below, AKAM's low point in its 52 week range is $32.64 per share, with $53.61 as the 52 week high point — that compares with a last trade of $45.72. In recent trading, shares of Akamai Technologies Inc (AKAM) were changing hands at $45.72/share.
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