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New Akamai (AKAM -0.3%) CEO Tom Leighton bought 50K shares on Friday at $35.31, increasing the...

New Akamai (AKAM -0.3%) CEO Tom Leighton bought 50K shares on Friday at $35.31, increasing the size of his position to 3.1M. The purchase happened after Akamai was crushed on Thursday due to a Q4 revenue miss and light top-line guidance - partly the result of Leighton's decision to abandon some low-margin media delivery contracts.
Comments (1)
  • That is pretty bold, I like it when CEO puts his money where his mouth is...

     

    Good for him hope it works out for him.
    11 Feb 2013, 01:40 PM Reply Like
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