These 2 Stocks Stood at Well-Positioned: Akamai Technologies, Inc. (AKAM) and The New York Times Company (NYT)

On Sep 30, Ahola Aaron, EVP & General Counsel sold 3,117 shares of Akamai Technologies, Inc. (NASDAQ:AKAM), with the average selling price of the stock being $90.24 per share. The total amount realized from this sold $281,278. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, EVP & General Counsel – Ahola Aaron exercised an option an extra 419 shares of this stock in a transaction that took place a day before, on Sep 01, with a share exercised an option at an average of $0.00 and a total of $0 was realized from this transaction. After the transaction, the EVP & General Counsel – Ahola Aaron was left with 7,226 shares of the company’s stock, which is currently worth around $0.0.

The recent price movement of AKAM means that it is now down by -2.17% from its 52-week high and 59.32% up against its 52-week low prices. Over the past one week, the price volatility of AKAM stands at 2.02% while the volatility over the past one month is 2.13%. The beta score for this stock is 0.62. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 07/30/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.94 earnings per share (EPS) during that period. This report was above the expectations of analysts of 0.83 by 0.11. The revenue by the firm was 701.26M for the quarter.

The shares of Akamai Technologies, Inc. (AKAM) dropped by -0.31%, leading to a loss of -$0.28 per share, and saw AKAM end the trading session at $91.10 on Tuesday 10/01/19. AKAM started the trading session at $91.55, before reaching a daily high of $92.21. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $91.04.

The trading volume on Tuesday stood at 1,745,782, which was below the stock’s 3-month average volume of 1.56 million shares, out of a total 160.59M shares. As the price of the stock dipped, the market valuation of the company dropped to 15.16 billion.

The shares of The New York Times Company (NYSE:NYT) went down by -0.53% by the end of the recent trading session. This movement saw its price plunge to close at $28.33, which was lower than the previous closing price of $28.48. Over the past one week, the price of NYT has slipped by -2.95%, while it has recorded a loss of -2.98% over the past one month. Its three-month performance saw NYT lose -16.75% while its six-month performance saw it drop by -15.46%. The situation is different though over the past one year, as the stock price went up by 22.38%, while its year-to-date (YTD) price performance jumped by 27.10%. The stock price has gone up by +3.47% compared to its 90-day low, while it is down -21.85% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Sell. In the short-term, the stock has a 20-day average volume of 1,745,680 shares, with the short-term indicators averagely rating the stock as a 100% Sell. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,822,362 shares and the indicators have an average rating of 100% Sell. The last indicators, the long-term see NYT stock with a 100-Day average volume of 1,860,988 shares, giving it an average rating of 50% Sell. A look at the general picture of all short, medium and long-term indicators leaves NYT with an average rating of 88% Sell.

Several brokerage firms sent out their reports NYT stock not long ago. In its report sent out on Nov-06-18, Barclays lowered its ratings on NYT from a Equal Weight to a Underweight. In an earlier report on Feb-09-17, Singular Research Initiated the stock to a Sell. Barclays meanwhile in its report on Nov-13-15 Reiterated its rating of the stock to “Equal Weight”.

In related news to the company’s stock, around 93.30% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 327 institutions currently hold the NYT stock. In the last quarter, a 152,729,374 NYT shares were in the possession of institutions. On the other hand, the company recorded 51 new institutions who bought it their stock, while 33 institutions sold their entire NYT reserve. Of the current institutions investing in the stock, 158 increased their investment while 114 decreased their investment in the stock.