Limelight CEO buys 25K shares

|About: Limelight Networks, Inc. (LLNW)|By:, SA News Editor

Robert Lento, who only became Limelight's (LLNW +2.5%) permanent CEO in January, bought 25K shares yesterday at $1.97. (Form 4)

The purchase comes with shares of the CDN owner, struggling with price pressure, tough competition from Akamai/Level 3, and Netflix's efforts to migrate traffic to its own CDN, trading well below late-2010/early 2011 levels.

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