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Akamai Technologies' CFO and COO sold significant shares as the company reported earnings below expectations.
Akamai Technologies CFO Edward McGowan sold 4,652 shares of the company’s stock on March 10th, totaling $402,304.96, which represents an 11.88% reduction in his holdings.
COO Adam Karon also sold shares, reducing his ownership by 18.62%.
The company recently reported earnings below analysts' expectations.
Akamai Technologies provides cloud computing and security services and has a market cap of $12.65 billion.
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El CFO y COO de Akamai Technologies vendieron acciones significativas, ya que la compañía reportó ganancias por debajo de las expectativas.