Limelight Networks, Inc. (NASDAQ:LLNW) has analysts on the Bullish side this week.

April 24, 2018 - By Adrian Mccoy

Limelight Networks, Inc. (NASDAQ:LLNW) LogoInvestors sentiment increased to 1.9 in 2017 Q4. Its up 0.42, from 1.48 in 2017Q3. It increased, as 8 investors sold Limelight Networks, Inc. shares while 32 reduced holdings. 42 funds opened positions while 34 raised stakes. 70.76 million shares or 7.86% less from 76.79 million shares in 2017Q3 were reported.
Massachusetts-based Fiduciary has invested 0.01% in Limelight Networks, Inc. (NASDAQ:LLNW). Moreover, Teacher Retirement System Of Texas has 0% invested in Limelight Networks, Inc. (NASDAQ:LLNW). Gsa Cap Prtn Ltd Liability Partnership accumulated 237,098 shares or 0.06% of the stock. Cortina Asset Management Limited Liability Company has invested 0.5% in Limelight Networks, Inc. (NASDAQ:LLNW). Highlander Cap Ltd Limited Liability Company accumulated 2,000 shares or 0.01% of the stock. The New York-based Engineers Gate Manager Limited Partnership has invested 0.03% in Limelight Networks, Inc. (NASDAQ:LLNW). Art Lc has invested 0.01% in Limelight Networks, Inc. (NASDAQ:LLNW). Tower Rech Capital Ltd Limited Liability Company (Trc) invested 0% in Limelight Networks, Inc. (NASDAQ:LLNW). Citadel Advsr Ltd Liability Co invested in 268,592 shares. Great West Life Assurance Co Can reported 9,518 shares or 0% of all its holdings. Bluecrest Cap Mngmt Ltd holds 0% of its portfolio in Limelight Networks, Inc. (NASDAQ:LLNW) for 36,884 shares. Manatuck Hill Prtn Ltd Liability Com, Connecticut-based fund reported 350,000 shares. Vanguard Gru Incorporated reported 3.80M shares. Jpmorgan Chase & accumulated 1.63M shares or 0% of the stock. Susquehanna Int Gru Llp reported 0% stake.

Since March 1, 2018, it had 0 buys, and 8 sales for $116.45 million activity. The insider GOLDMAN SACHS GROUP INC sold 15.27M shares worth $58.04M. 15.27 million Limelight Networks, Inc. (NASDAQ:LLNW) shares with value of $58.04M were sold by Midle Mark J. On Thursday, March 1 the insider LENTO ROBERT A sold $160,000.

Limelight Networks, Inc. (NASDAQ:LLNW) Ratings Coverage

Among 2 analysts covering Limelight Networks (NASDAQ:LLNW), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Limelight Networks had 6 analyst reports since December 4, 2017 according to SRatingsIntel. The stock of Limelight Networks, Inc. (NASDAQ:LLNW) earned “Buy” rating by Oppenheimer on Monday, April 16. The firm earned “Buy” rating on Wednesday, December 13 by FBR Capital. The firm earned “Buy” rating on Monday, March 5 by FBR Capital. As per Tuesday, April 17, the company rating was maintained by FBR Capital. The stock of Limelight Networks, Inc. (NASDAQ:LLNW) has “Buy” rating given on Thursday, January 18 by FBR Capital. Below is a list of Limelight Networks, Inc. (NASDAQ:LLNW) latest ratings and price target changes.

17/04/2018 Broker: FBR Capital Rating: Buy New Target: $6.0000 Maintain
16/04/2018 Broker: Oppenheimer Rating: Buy New Target: $6.0000 Initiate
05/03/2018 Broker: FBR Capital Rating: Buy New Target: $6.0 Maintain
18/01/2018 Broker: FBR Capital Rating: Buy New Target: $6.0 Maintain
13/12/2017 Broker: FBR Capital Rating: Buy New Target: $6.0 Maintain
04/12/2017 Broker: FBR Capital Rating: Buy New Target: $6.0

The stock decreased 1.40% or $0.07 during the last trading session, reaching $4.92. About 1.84 million shares traded or 59.74% up from the average. Limelight Networks, Inc. (NASDAQ:LLNW) has risen 66.67% since April 24, 2017 and is uptrending. It has outperformed by 55.12% the S&P500.

Limelight Networks, Inc. provides content delivery network services to deliver digital content over the Internet in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company has market cap of $544.45 million. The firm offers the Orchestrate Platform, a suite of integrated services, which include content delivery services, mobile delivery services, video content management services, performance services for Website and Web application acceleration and security, cloud storage services for various devices, and cloud content security services. It currently has negative earnings. It also offers professional services and other infrastructure services, such as transit and rack space services.

Limelight Networks, Inc. (NASDAQ:LLNW) Institutional Positions Chart

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