Today, the CFO of Limelight Networks (LLNW), Sajid Malhotra, bought shares of LLNW for $45.6K.
Following this transaction Sajid Malhotra’s holding in the company was increased by 1.62% to a total of $2.94 million.
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Currently, Limelight Networks has an average volume of 404.7K.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $3.28, reflecting a 39.0% upside. Three different firms, including B.Riley FBR and Cowen & Co., currently also have a Buy rating on the stock.
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Limelight Networks, Inc. provides content delivery network services. It products include digital content & video delivery, cloud security, edge computing, origin storage & support services. The company’s solutions include realtime streaming, file distribution, live video & video on demand. Limelight was founded by Michael M. Gordon, Allan M. Kalpan, Nathan F.
