About Limelight Networks
Limelight Networks, Inc. provides content delivery network services to deliver content over Internet. The Company operates a globally distributed, computing platform and provides services under the Orchestrate Platform, which include content delivery, video content management, Website and Web application acceleration, Website and content security and cloud storage services. The Company's services include content delivery services, mobile delivery services, video content management services, performance services, cloud-based storage services and cloud-based content security services. It provides solutions to deliver digital content to its customers, such as software and device manufacturers, media and broadcasters, and gaming. It provides services to deliver digital content to Web, mobile, social, gaming, large screen and other digital channels. Its services offer various features, which include video publishing, mobile enablement, content delivery, Website and cloud storage.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Internet Information Providers
- Sub-Industry: Internet Software & Services
- Exchange: NASDAQ
- Symbol: LLNW
- CUSIP: 53261M10
- Previous Close: $2.49
- 50 Day Moving Average: $2.31
- 200 Day Moving Average: $2.07
- 52-Week Range: $107,070,000.00 - $1.17
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 34.14
- P/E Growth: 31.13
- Market Cap: $255.90M
- Outstanding Shares: 107,070,000
- Beta: 2.31
- Net Margins: -42.13%
- Return on Equity: -7.97%
- Return on Assets: -5.56%
Companies Related to Limelight Networks:
- Current Ratio: 2.55%
- Quick Ratio: 2.55%
What is Limelight Networks' stock symbol?
Limelight Networks trades on the NASDAQ under the ticker symbol "LLNW."
Where is Limelight Networks' stock going? Where will Limelight Networks' stock price be in 2017?
4 analysts have issued 12-month price targets for Limelight Networks' shares. Their forecasts range from $2.50 to $3.75. On average, they expect Limelight Networks' stock price to reach $3.11 in the next twelve months.
When will Limelight Networks announce their earnings?
Limelight Networks is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.
What are analysts saying about Limelight Networks stock?
Here are some recent quotes from research analysts about Limelight Networks stock:
According to Zacks Investment Research, "LIMELIGHT NETWORKS, INC. is a content delivery partner enabling the next wave of Internet business and entertainment. More than 1300 Internet, entertainment, software, and technology brands trust their robust, scalable platform to monetize their digital assets by delivering a brilliant online experience to their global audience. LimeLight's architecture bypasses the busy public Internet using a dedicated optical network that interconnects thousands of servers and delivers massive files at the speed of light -- directly to the access networks that consumers use every day. LimeLight's proven network and passion for service assures their customers that every object in their library will be instantly delivered to every user, every time. " (2/14/2017)
FBR & Co analysts commented, "LLNW delivered solid 4Q results that handily surpassed consensus expectations. A laser focus on cost management is driving material improvement in margins. Management appears to be finding a path of sustainable growth and improved profitability. Gross margin guidance of at least 150 bps of expansion in FY17 suggests to us that R&D investments are beginning to bear fruit, as incremental network capacity can be added at relatively low incremental cost, coinciding with steady growth in OTT content. During the quarter, the gross margin expanded by an impressive 387 bps YOY; the adjusted EBITDA margin surged by 478 bps YOY . Looking into FY17, management plans to increase marketing spending (following lower YOY marketing spending in FY16), which should benefit the top line and drive EBITDA growth, in our view. However, we also see AKAM moving more aggressively in the marketplace to replace lost revenue from DIY service providers, which could affect LLNW’s ability to sustain momentum. With that said, we maintain Market Perform and our $2.50 price target." (2/9/2017)
Who owns Limelight Networks stock?
Limelight Networks' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.43%), Quaker Capital Investments LLC (3.31%), Cortina Asset Management LLC (2.70%), Renaissance Technologies LLC (2.24%), Royce & Associates LP (1.50%) and State Street Corp (1.07%). Company insiders that own Limelight Networks stock include Daniel R Boncel, Joseph Depalo, Kirby Wadsworth, Peter J Perrone, Robert A Lento and Sajid Malhotra.
Who sold Limelight Networks stock? Who is selling Limelight Networks stock?
Limelight Networks' stock was sold by a variety of institutional investors in the last quarter, including Harvey Partners LLC and Royce & Associates LP.
Who bought Limelight Networks stock? Who is buying Limelight Networks stock?
Limelight Networks' stock was purchased by a variety of institutional investors in the last quarter, including Cortina Asset Management LLC, Renaissance Technologies LLC, Russell Investments Group Ltd., A.R.T. Advisors LLC, Dimensional Fund Advisors LP and State Street Corp. Company insiders that have bought Limelight Networks stock in the last two years include Daniel R Boncel, Kirby Wadsworth, Peter J Perrone, Robert A Lento and Sajid Malhotra.
How do I buy Limelight Networks stock?
Shares of Limelight Networks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Limelight Networks stock cost?
One share of Limelight Networks stock can currently be purchased for approximately $2.39.