{
  "id": 7650080,
  "title": "Akamai EVP of sales Joseph Paul C sells $327,453 in shares",
  "url": "https://urgent.news/2026/09/15/akamai-evp-of-sales-joseph-paul-c-sells-327-453-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T22:45:59.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/akamai-evp-of-sales-joseph-paul-c-sells-327453-in-shares-93CH-4902739"
  },
  "original_language": "en",
  "account": "Joseph Paul C, Executive Vice President of Global Sales at Akamai Technologies, sold 3,100 shares of the company's stock on September 15, 2026. The transaction, executed in accordance with a pre-existing Rule 10b5-1 trading plan, saw each share sold for $105.63, resulting in a total proceeds of $327,453. As of the sale, Akamai's stock price stood at $105.40, down 36% from its 52-week high of $165.45. Despite this decline, the stock had increased by nearly 38% over the prior year. Following the sale, Mr. C personally holds 28,472 shares of Akamai common stock, along with 193.582 shares indirectly through a 401(k) Plan. According to InvestingPro analysis, the stock is considered overvalued relative to its intrinsic value, trading at a price-to-earnings ratio of 38.32. In other news, Akamai reported strong second-quarter 2026 earnings that exceeded market expectations, delivering adjusted earnings of $1.59 per share on $1.1 billion in revenue. While revenue grew by 5% year-over-year, driven by demand for security products and cloud infrastructure services, there was a 6% decline in related revenue. Analysts at JPMorgan upgraded Akamai's stock rating to Neutral, while D.A. Davidson maintained a Buy rating. HSBC, however, downgraded Akamai to Hold due to margin concerns.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}