Insider Transactions – June 7, 2012

Notable Insider Buys:

1. Akamai Technologies, Inc. (AKAM): $29.07

Director George H. Conrades acquired 29,182 shares of this content delivery and cloud infrastructure company, paying $28.80 per share for a total amount of $840,457. These shares were purchased indirectly through a trust.

This purchase follows the $4 million purchase by Akamai’s co-founder and Chief Scientist Thomson Leighton yesterday as you can see from this page. The company has a very strong balance sheet, sports operating margins of over 30%, has  managed to grow revenue despite the loss of the Netflix business to Level 3 ...

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