Insider Trade: William Wheaton Unloaded 5,000 Shares of Akamai Technologies, Inc. (AKAM); Roadrunner Transportation Systems (RRTS) Shorts Increased By 46.16%

Roadrunner Transportation Systems, Inc. (NYSE:RRTS) Logo

Roadrunner Transportation Systems Inc (NYSE:RRTS) had an increase of 46.16% in short interest. RRTS’s SI was 1.65M shares in May as released by FINRA. Its up 46.16% from 1.13 million shares previously. With 581,400 avg volume, 3 days are for Roadrunner Transportation Systems Inc (NYSE:RRTS)’s short sellers to cover RRTS’s short positions. The SI to Roadrunner Transportation Systems Inc’s float is 4.76%. The stock increased 2.76% or $0.06 during the last trading session, reaching $2.23. About 370,590 shares traded. Roadrunner Transportation Systems, Inc. (NYSE:RRTS) has declined 53.53% since May 10, 2017 and is downtrending. It has underperformed by 65.08% the S&P500.

Among 31 analysts covering Akamai Tech (NASDAQ:AKAM), 18 have Buy rating, 1 Sell and 12 Hold. Therefore 58% are positive. Akamai Tech has $92 highest and $42 lowest target. $71.74’s average target is -7.19% below currents $77.3 stock price. Akamai Tech had 100 analyst reports since July 29, 2015 according to SRatingsIntel. JP Morgan maintained the shares of AKAM in report on Tuesday, May 1 with “Overweight” rating. Credit Suisse upgraded the stock to “Buy” rating in Monday, December 18 report. The firm has “Outperform” rating given on Wednesday, December 14 by Oppenheimer. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, March 29 report. The stock of Akamai Technologies, Inc. (NASDAQ:AKAM) has “Buy” rating given on Tuesday, August 8 by Oppenheimer. The company was upgraded on Wednesday, February 10 by B. Riley & Co. Guggenheim maintained the stock with “Buy” rating in Tuesday, January 30 report. The firm has “Buy” rating given on Wednesday, October 28 by UBS. J.P. Morgan upgraded it to “Buy” rating and $90.0 target in Friday, March 9 report. Nomura maintained the shares of AKAM in report on Wednesday, October 25 with “Neutral” rating.

Insider trade totalling around $375,000 US Dollars was made public online in a public report submitted to the Washington-based Security and Exchange Commission on May 10, 2018. According to which, William Wheaton, the Chief Strategy Officer of Akamai Technologies Inc also an insider of the ‘s company had sold precisely 5,000 shares – ( at $75.0 for each share ). It seems he is very active lately as in the last 30 days, he silently sold additional 7,500 shares of the company, worth $532,500 USD. And, It’s sure William’s trade isn’t going to stay hidden as he now is holding 27,213 shares – ( 0.02% of Akamai Technologies Inc’s Market Cap ).

Investors sentiment decreased to 0.82 in 2017 Q4. Its down 0.17, from 0.99 in 2017Q3. It is negative, as 45 investors sold Akamai Technologies, Inc. shares while 173 reduced holdings. 79 funds opened positions while 99 raised stakes. 142.18 million shares or 2.90% more from 138.17 million shares in 2017Q3 were reported. Quantbot Techs Lp invested 0.16% in Akamai Technologies, Inc. (NASDAQ:AKAM). North Carolina-based Salem Investment Counselors has invested 0.01% in Akamai Technologies, Inc. (NASDAQ:AKAM). Creative Planning owns 3,794 shares for 0% of their portfolio. Nuveen Asset Management Limited Liability has invested 0% in Akamai Technologies, Inc. (NASDAQ:AKAM). Stratos Wealth has 473 shares. Highbridge Mgmt Ltd reported 36,341 shares. Tcw Gp Incorporated Inc has invested 0.01% in Akamai Technologies, Inc. (NASDAQ:AKAM). Cibc Ww Markets reported 0.14% stake. Louisiana State Employees Retirement Systems accumulated 0.03% or 10,200 shares. Old Mutual Customised Solutions (Proprietary) reported 2,332 shares. Kbc Group Inc Nv reported 86,786 shares. Swiss State Bank has invested 0.04% in Akamai Technologies, Inc. (NASDAQ:AKAM). Vident Advisory Ltd Co holds 0.01% of its portfolio in Akamai Technologies, Inc. (NASDAQ:AKAM) for 4,308 shares. Norinchukin Commercial Bank The owns 13,524 shares. Roystone Capital Management Lp accumulated 171,000 shares.

More notable recent Akamai Technologies, Inc. (NASDAQ:AKAM) news were published by: Streetinsider.com which released: “Speculative Bullish Options Activity in Akamai Technologies (AKAM) Ahead of Industry Conference Next Week ..” on May 09, 2018, also Nasdaq.com with their article: “Akamai Technologies, Inc. Stock Up On 11% Y2Y Revenue Increase” published on May 01, 2018, Investorplace.com published: “Should You Buy Akamai Technologies, Inc. Stock? 3 Pros, 3 Cons” on April 18, 2018. More interesting news about Akamai Technologies, Inc. (NASDAQ:AKAM) were released by: Bizjournals.com and their article: “Elliott Management makes $6.4B bid to acquire Watertown’s athenahealth” published on May 07, 2018 as well as Prnewswire.com‘s news article titled: “Akamai Showcases Commitment to Powering the Most Engaging Digital Experiences at DeltaV Conference” with publication date: May 07, 2018.

The stock increased 4.91% or $3.62 during the last trading session, reaching $77.3. About 2.58M shares traded or 64.44% up from the average. Akamai Technologies, Inc. (NASDAQ:AKAM) has risen 12.14% since May 10, 2017 and is uptrending. It has outperformed by 0.59% the S&P500.

Since December 13, 2017, it had 1 buying transaction, and 10 insider sales for $6.72 million activity. 8,430 shares valued at $564,810 were sold by Gemmell James on Friday, February 16. The insider MCCONNELL RICK M sold $536,228. 5,000 shares valued at $350,000 were sold by Wheaton William on Monday, March 5. Blumofe Robert sold $593,317 worth of stock or 8,379 shares. The insider LEIGHTON F THOMSON bought $999,784.

Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the United States and internationally. The company has market cap of $13.19 billion. The firm offers Web and mobile performance solutions, such as Ion, a situational performance solution that consists of an integrated suite of Web delivery, acceleration, and optimization technologies; Dynamic Site Accelerator that helps in consistent Website performance; IP Application Accelerator to enable enterprises to deliver Internet Protocol applications; Global Traffic Management, a fault-tolerant solution; Image Manager that automatically optimizes online images; and Cloudlets, which provides self-serviceable controls and capabilities. It has a 61.35 P/E ratio. It also provides cloud security solutions, including Kona Site Defender, Bot Manager, Fast Domain Name System, Prolexic Routed, and Client Reputation; enterprise solutions comprising Enterprise Application Access and Akamai Cloud Connect.

Investors sentiment increased to 1.65 in 2017 Q4. Its up 0.17, from 1.48 in 2017Q3. It improved, as 7 investors sold Roadrunner Transportation Systems, Inc. shares while 27 reduced holdings. 22 funds opened positions while 34 raised stakes. 24.19 million shares or 0.12% less from 24.22 million shares in 2017Q3 were reported. 25,097 were reported by Manufacturers Life Ins Com The. Guggenheim Capital Limited Liability invested 0.01% in Roadrunner Transportation Systems, Inc. (NYSE:RRTS). 4,261 were accumulated by Tower Cap Ltd (Trc). Morgan Stanley accumulated 183,371 shares. Goldman Sachs has 0% invested in Roadrunner Transportation Systems, Inc. (NYSE:RRTS) for 132,364 shares. Vanguard Gru holds 1.86 million shares or 0% of its portfolio. Hong Kong-based Point72 Asia (Hong Kong) has invested 0% in Roadrunner Transportation Systems, Inc. (NYSE:RRTS). Ameriprise Financial has 192,625 shares. Ls Inv Advsrs Limited Liability Company reported 0% of its portfolio in Roadrunner Transportation Systems, Inc. (NYSE:RRTS). Assetmark reported 0% stake. Barclays Public Ltd Co holds 28,414 shares. Tiaa Cref Inv Mgmt Limited Liability stated it has 0% of its portfolio in Roadrunner Transportation Systems, Inc. (NYSE:RRTS). 859,801 are held by Lsv Asset Management. Arizona State Retirement System owns 52,822 shares. Connor Clark And Lunn Invest Mngmt accumulated 40,142 shares.

Roadrunner Transportation Systems, Inc. (NYSE:RRTS) Institutional Positions Chart