Recent trading patterns in the stock of Akamai Technologies, Inc. (NASDAQ:AKAM) have investors on high alert. Performance is ultimately what matters to investors, and it’s worth taking a look at the data to get a sense of where AKAM might be headed in the future. In the most recent quarter, institutional ownership decreased by a net of 4.88 million shares, or 3.32%.This is a bearish sign and indicates that institutions are feeling more pessimistic about the outlook for AKAM overall.235 holders increased their positions, 300 decreased their positions, and 65 holders held their positions.

Among institutions that increased their positions, 67 were new positions. Among holders that decreased their positions, 96 sold out of the stock Akamai Technologies, Inc.. Insider ownership during the latest quarter increased by a net of 57650 shares, indicating that AKAM’s key executives are feeling more bullish about the stock than they did three months ago. 4 or 80% of the trades during the past quarter were buys, and 1 or 20% were sells. Insider ownership during the last year has decreased by a net of 174550 shares. 22.5% of insider trades in the last 12 months were buys, and 77.5% were sells.

Over the past year, the price of Akamai Technologies, Inc. (AKAM) has decreased -6.67% while the S&P 500 has increased 19.49%. During the past 20 days, AKAM has increased 8.23% while the broad market has increased 1.94%. AKAM ‘s 20-day moving average currently sits below its 100-day moving average. This is a bearish signal that suggests the stock price might have farther to fall. AKAM’s average trading volume during the past 20 days is higher than the average volume over the past 100 days, which could be an indication that investors are feeling more certain than usual about the direction of AKAM’s future price movements.

Akamai Technologies, Inc. (NASDAQ:AKAM) has a 20-day RSI of 62.12%. According to this momentum indicator, a reading between 30 and 70 suggests the stock is not especially cheap or expensive, and not on the brink of a trend reversal. The MACD tells a different story. AKAM’s 9-day MACD currently sits below the 20-day MACD, indicating that AKAM’s upside momentum has decreased during the last three weeks. This suggests that the trend might soon reverse. AKAM’s average trading volatility during the past few weeks is -52.01% lower than the average volatility over the past 100 days. This means that the stock’s daily price swings have been less extreme in recent times compared to the past.

Analysts expect Akamai Technologies, Inc. (AKAM) to generate earnings per share of $1.86 in 2017. This works out to a decrease of -7.46% compared to last year’s earnings. For comparison’s sake, analysts expect the S&P 500 to grow earnings by an average of 12% in 2017. The average investment rating for AKAM on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.68 or a Hold. Three months ago, analysts assigned AKAM a 3.47 rating, which implies that analysts have become more optimistic about the outlook for the stock over the next year.