Robert Blumofe net worth and biography

Robert Blumofe Biography and Net Worth

Dr. Robert Blumofe is Executive Vice President and Chief Technology Officer at Akamai. As CTO, he guides Akamai’s technology strategy to assess new market opportunities and new platforms for innovation, explore adjacent segments for the business, influence the development of standards, work with Akamai’s largest customers, and convene technology leaders within the company to catalyze innovation and represent Akamai’s technology vision in the marketplace.

Previously, he led Akamai’s Platform organization and Enterprise Division. In leading the Platform organization, he was responsible for developing and operating the distributed system underlying all Akamai products and services. As General Manager of the Enterprise Division, he was responsible for the creation and market adoption of products and services for major enterprises to secure and improve performance for their users and applications as they move to the cloud.

Blumofe joined Akamai in 1999 to lead the company's first performance team. While serving as one of Akamai’s chief architects, he was instrumental in the early design and development of the Akamai Intelligent Edge Platform, which now handles trillions of Internet requests daily. He led all of Akamai’s Networks and Operations groups from 2004 to 2021.

Prior to Akamai, Blumofe was an Associate Professor of Computer Science at the University of Texas at Austin. He is widely published in the areas of algorithms and systems for highly distributed and parallel computing. He holds a Ph.D. in Computer Science from MIT and a Bachelor of Science degree from Brown University.

What is Robert Blumofe's net worth?

The estimated net worth of Robert Blumofe is at least $884,461.55 as of November 11th, 2022. Dr. Blumofe owns 9,835 shares of Akamai Technologies stock worth more than $884,462 as of December 9th. This net worth approximation does not reflect any other investments that Dr. Blumofe may own. Additionally, Dr. Blumofe receives a salary of $511,000.00 as CTO at Akamai Technologies. Learn More about Robert Blumofe's net worth.

How old is Robert Blumofe?

Dr. Blumofe is currently 57 years old. There are 6 older executives and no younger executives at Akamai Technologies. The oldest executive at Akamai Technologies is Dr. F. Thomson Leighton, Co-Founder, CEO & Director, who is 65 years old. Learn More on Robert Blumofe's age.

What is Robert Blumofe's salary?

As the CTO of Akamai Technologies, Inc., Dr. Blumofe earns $511,000.00 per year. The highest earning executive at Akamai Technologies is Mr. Adam Karon, COO & GM of Edge Technology Group, who commands a salary of $543,020.00 per year. Learn More on Robert Blumofe's salary.

How do I contact Robert Blumofe?

The corporate mailing address for Dr. Blumofe and other Akamai Technologies executives is 145 BROADWAY, CAMBRIDGE MA, 02142. Akamai Technologies can also be reached via phone at (617) 444-3000 and via email at [email protected] Learn More on Robert Blumofe's contact information.

Has Robert Blumofe been buying or selling shares of Akamai Technologies?

During the past quarter, Robert Blumofe has sold $464,600.00 in Akamai Technologies stock. Most recently, Robert Blumofe sold 5,000 shares of the business's stock in a transaction on Friday, November 11th. The shares were sold at an average price of $92.92, for a transaction totalling $464,600.00. Following the completion of the sale, the chief technology officer now directly owns 9,835 shares of the company's stock, valued at $913,868.20. Learn More on Robert Blumofe's trading history.

Who are Akamai Technologies' active insiders?

Akamai Technologies' insider roster includes Aaron Ahola (EVP), Robert Blumofe (CTO), Monte Ford (Director), Jill Greenthal (Director), Paul Joseph (EVP), Adam Karon (COO), Rick Mcconnell (Insider), Edward Mcgowan (CFO), Madhu Ranganathan (Director), Kim Salem-Jackson (CMO), Mani Sundaram (EVP), Bernadus Verwaayen (Director), and Anthony Williams (EVP). Learn More on Akamai Technologies' active insiders.

Are insiders buying or selling shares of Akamai Technologies?

In the last year, insiders at the technology infrastructure company sold shares 17 times. They sold a total of 77,061 shares worth more than $8,210,060.55. The most recent insider tranaction occured on December, 1st when EVP Paul C Joseph sold 1,500 shares worth more than $142,500.00. Insiders at Akamai Technologies own 1.7 % of the company. Learn More about insider trades at Akamai Technologies.

Information on this page was last updated on 12/1/2022.

Robert Blumofe Insider Trading History at Akamai Technologies

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/11/2022Sell5,000$92.92$464,600.009,835View SEC Filing Icon  
8/12/2022Sell5,000$94.25$471,250.0014,835View SEC Filing Icon  
5/13/2022Sell5,000$97.68$488,400.0019,725View SEC Filing Icon  
4/8/2022Sell3,308$119.19$394,280.5224,725View SEC Filing Icon  
3/8/2022Sell8,000$109.15$873,200.00View SEC Filing Icon  
10/29/2021Sell6,000$104.15$624,900.00View SEC Filing Icon  
7/30/2021Sell6,000$118.54$711,240.0013,906View SEC Filing Icon  
7/23/2021Sell3,000$120.00$360,000.0019,906View SEC Filing Icon  
4/30/2021Sell9,000$108.72$978,480.0022,786View SEC Filing Icon  
3/9/2021Sell10,000$98.53$985,300.0031,786View SEC Filing Icon  
10/30/2020Sell6,089$95.23$579,855.4717,154View SEC Filing Icon  
5/1/2020Sell7,100$96.31$683,801.0023,100View SEC Filing Icon  
2/18/2020Sell8,389$99.29$832,943.8111,509View SEC Filing Icon  
10/31/2019Sell9,000$86.87$781,830.0011,874View SEC Filing Icon  
5/2/2019Sell5,000$80.95$404,750.00View SEC Filing Icon  
2/19/2019Sell10,000$69.73$697,300.0018,112View SEC Filing Icon  
10/31/2018Sell4,000$73.34$293,360.0015,951View SEC Filing Icon  
8/2/2018Sell4,000$71.20$284,800.0019,951View SEC Filing Icon  
5/2/2018Sell4,000$70.78$283,120.00View SEC Filing Icon  
4/2/2018Sell8,379$70.81$593,316.99View SEC Filing Icon  
10/30/2017Sell4,000$53.11$212,440.0022,364View SEC Filing Icon  
2/17/2017Sell5,973$63.83$381,256.5923,155View SEC Filing Icon  
11/1/2016Sell2,000$69.39$138,780.0020,415View SEC Filing Icon  
8/1/2016Sell2,000$50.56$101,120.0022,415View SEC Filing Icon  
2/17/2016Sell14,704$53.36$784,605.4425,347View SEC Filing Icon  
5/14/2014Sell14,614$54.65$798,655.1010,568View SEC Filing Icon  
See Full Table

Robert Blumofe Buying and Selling Activity at Akamai Technologies

This chart shows Robert Blumofe's buying and selling at Akamai Technologies by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Akamai Technologies Company Overview

Akamai Technologies logo
Akamai Technologies, Inc. provides cloud services for securing, delivering, and optimizing content and business applications over the internet in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance. It also provides web and mobile performance solutions to enable dynamic websites and applications; media delivery solutions, including video streaming and video player services, game and software delivery, broadcast operations, authoritative domain name system, resolution, and data and analytics; and edge compute solutions to enable developers to deploy and distribute code at the edge. In addition, the company offers carrier offerings, including cybersecurity protection, parental controls, DNS infrastructure and content delivery solutions; and an array of service and support to assist customers with integrating, configuring, optimizing, and managing its offerings. It sells its solutions through direct sales and service organizations, as well as through various channel partners. Akamai Technologies, Inc. was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.
Read More

Today's Range

Now: $89.02
Low: $88.97
High: $89.99

50 Day Range

MA: $87.65
Low: $78.06
High: $95.20

2 Week Range

Now: $89.02
Low: $76.28
High: $123.25

Volume

1,610,171 shs

Average Volume

1,628,414 shs

Market Capitalization

$14.00 billion

P/E Ratio

28.53

Dividend Yield

N/A

Beta

0.71