Published: Thu, February 15, 2018
Business | By Tara Barton

Stock Highlights on Limelight Networks (LLNW)


The stock exchanged hands 1.55 Million shares versus average trading capacity of 1.02 Million shares, yielding a market cap of $452.65 Million.

Cubist Systematic Strategies Ltd Liability Com owns 23,434 shares. The stock increased 0.06% or $0.04 during the last trading session, reaching $68.25. About 553,227 shares traded. Financial Engines, Inc. (NASDAQ:FNGN) has risen 53.10% since February 12, 2017 and is uptrending. Investors Research Corp bought a new stake in Limelight Networks in the 4th quarter valued at $121,000. Harvey Partners Llc sold 300,000 shares as the company's stock rose 26.56% with the market. (NASDAQ:FNGN). Legal & General Gru Public Limited Company owns 122,019 shares.

Limelight Networks, Inc operates a distributed network and provides a suite of integrated services marketed as the Limelight Orchestrate Platform. About 954,676 shares traded. Limelight Networks, Inc. (NASDAQ:LLNW) has risen 142.06% since February 12, 2017 and is uptrending. It has outperformed by 125.36% the S&P500.

Investors sentiment decreased to 1.48 in Q3 2017. Its up 0.04, from 1.46 in 2017Q2.

The price-earnings ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings. 0 have given the stock a Hold rating, 1 as Underperform and 0 as Sell. Connor Clark & Lunn Management Limited invested in 85,167 shares or 0% of the stock. Strs Ohio accumulated 160,900 shares or 0% of the stock. Limelight Networks Inc now has $447.29M valuation. (NASDAQ:LLNW) for 505,610 shares.

Analysts await Limelight Networks, Inc.

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Limelight Networks (NASDAQ:LLNW) down -2.87% to close at the price of $4.06. Bank of New York Mellon Corp increased its holdings in Limelight Networks by 3.7% in the 3rd quarter. (NASDAQ:FNGN). Price T Rowe Associate Incorporated Md, Maryland-based fund reported 508,477 shares. Blackrock reported 7.52 million shares. Da Davidson And Co invested in 15,000 shares. The Manufacturers Life Insurance Company increased its holdings in Limelight Networks by 4.8% in the 2nd quarter.

Shares of Limelight Networks (NASDAQ:LLNW) plunged -2.87% or -0.12 to reach at $4.06 during previous trading session. The insider, GOLDMAN SACHS GROUP INC, now holds 15.71 million shares of LLNW. Moreover, Ny State Common Retirement Fund has 0.01% invested in Financial Engines, Inc. The firm had revenue of $48.19 million for the quarter, compared to analysts' expectations of $47.74 million. Therefore 43% are positive.

Limelight Networks (NASDAQ:LLNW)'s 52-week price fluctuated within the range of $6.05 - $2.10. Limelight Networks has an average rating of "Buy" and an average target price of $5.63. (NASDAQ:FNGN) for 39,829 shares. FBR Capital maintained the shares of LLNW in report on Tuesday, August 4 with "Mkt Perform" rating. The stock has a consensus rating of Buy and a consensus target price of $5.63. On Wednesday, January 17 the stock rating was maintained by Jefferies with "Buy". Zacks upgraded the stock to "Sell" rating in Friday, August 28 report. The stock of Financial Engines, Inc. The firm has "Outperform" rating given on Tuesday, March 29 by JMP Securities. The rating was maintained by Jefferies with "Buy" on Monday, November 20. The rating was downgraded by Zacks to "Hold" on Friday, August 7. EAM Investors LLC acquired a new stake in Limelight Networks in the second quarter valued at approximately $1,252,000. (NASDAQ:FNGN) shares were sold by Martin Michael E. 40 funds opened positions while 81 raised stakes. Baillie Gifford Communications reported 5.58M shares. 881,221 are held by State Bank Of Mellon. Geode Capital Ltd invested in 0.01% or 728,294 shares. 189 were reported by Whittier Of Nevada. (NASDAQ:FNGN). Victory Cap Mgmt Inc has 5,356 shares for 0% of their portfolio. Bluestein R H Co owns 5,000 shares for 0.02% of their portfolio. Panagora Asset Management reported 0% of its portfolio in Financial Engines, Inc.

Since August 22, 2017, it had 0 insider buys, and 16 sales for $409.37 million activity.

Dalton Greiner Hartman Maher & Co, which manages about $1.89B and $1.79 billion US Long portfolio, upped its stake in On Assignment Inc Com (NYSE:ASGN) by 98,245 shares to 323,972 shares, valued at $17.39M in 2017Q3, according to the filing. Finally, BidaskClub cut shares of Limelight Networks from a "buy" rating to a "hold" rating in a research report on Wednesday, December 27th. Brokerage firms on the street have price targets on the name ranging from $5.5 to $7 based on 4 opinions. Control4 Corporation (NASDAQ:CTRL)'s price distance from 52-week high is -32.98 and from 52-week low is 115.78. Agco Corporation had 72 analyst reports since July 27, 2015 according to SRatingsIntel. (NASDAQ:FNGN) has "Underperform" rating given on Thursday, August 6 by Raymond James.

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