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Robert Blumofe Biography and Net Worth

CTO of Akamai Technologies

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 $1.59 million as of November 17th, 2023. Dr. Blumofe owns 15,609 shares of Akamai Technologies stock worth more than $1,588,372 as of April 23rd. 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 59 years old. There are 7 older executives and no younger executives at Akamai Technologies. The oldest executive at Akamai Technologies is Dr. F. Thomson Leighton, Co-Founder, CEO, President & Director, who is 67 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. There are 2 executives that earn more than Dr. Blumofe. The highest earning executive at Akamai Technologies is Mr. Adam Karon, COO & GM of Cloud Technology Group, who commands a salary of $556,000.00 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?: Robert Blumofe has not been actively trading shares of Akamai Technologies over the course of the past ninety days. Most recently, Robert Blumofe sold 2,000 shares of the business's stock in a transaction on Friday, November 17th. The shares were sold at an average price of $111.47, for a transaction totalling $222,940.00. Following the completion of the sale, the chief technology officer now directly owns 15,609 shares of the company's stock, valued at $1,739,935.23. 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), F. Leighton (CEO), 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, Akamai Technologies insiders bought shares 19 times. They purchased a total of 5,502 shares worth more than $475,700.11. In the last year, insiders at the technology infrastructure company sold shares 25 times. They sold a total of 119,999 shares worth more than $12,479,519.93. The most recent insider tranaction occured on March, 22nd when COO Adam Karon sold 14,349 shares worth more than $1,575,233.22. Insiders at Akamai Technologies own 2.0% of the company. Learn More about insider trades at Akamai Technologies.
Information on this page was last updated on 3/22/2024.

Robert Blumofe Insider Trading History at Akamai Technologies

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/17/2023	Sell	2,000	$111.47	$222,940.00	15,609
8/9/2023	Sell	3,000	$101.08	$303,240.00	19,609
6/15/2023	Sell	7,238	$91.18	$659,960.84	22,609
3/15/2023	Sell	4,000	$72.08	$288,320.00	29,716
11/11/2022	Sell	5,000	$92.92	$464,600.00	9,835
8/12/2022	Sell	5,000	$94.25	$471,250.00	14,835
5/13/2022	Sell	5,000	$97.68	$488,400.00	19,725
4/8/2022	Sell	3,308	$119.19	$394,280.52	24,725
3/8/2022	Sell	8,000	$109.15	$873,200.00
10/29/2021	Sell	6,000	$104.15	$624,900.00
7/30/2021	Sell	6,000	$118.54	$711,240.00	13,906
7/23/2021	Sell	3,000	$120.00	$360,000.00	19,906
4/30/2021	Sell	9,000	$108.72	$978,480.00	22,786
3/9/2021	Sell	10,000	$98.53	$985,300.00	31,786
10/30/2020	Sell	6,089	$95.23	$579,855.47	17,154
5/1/2020	Sell	7,100	$96.31	$683,801.00	23,100
2/18/2020	Sell	8,389	$99.29	$832,943.81	11,509
10/31/2019	Sell	9,000	$86.87	$781,830.00	11,874
5/2/2019	Sell	5,000	$80.95	$404,750.00
2/19/2019	Sell	10,000	$69.73	$697,300.00	18,112
10/31/2018	Sell	4,000	$73.34	$293,360.00	15,951
8/2/2018	Sell	4,000	$71.20	$284,800.00	19,951
5/2/2018	Sell	4,000	$70.78	$283,120.00
4/2/2018	Sell	8,379	$70.81	$593,316.99
10/30/2017	Sell	4,000	$53.11	$212,440.00	22,364
2/17/2017	Sell	5,973	$63.83	$381,256.59	23,155
11/1/2016	Sell	2,000	$69.39	$138,780.00	20,415
8/1/2016	Sell	2,000	$50.56	$101,120.00	22,415
2/17/2016	Sell	14,704	$53.36	$784,605.44	25,347
5/14/2014	Sell	14,614	$54.65	$798,655.10	10,568

Robert Blumofe Buying and Selling Activity at Akamai Technologies

Akamai Technologies Company Overview

Akamai Technologies, Inc. provides cloud computing, security, and content delivery services 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 cloud computing services, such as compute, storage, networking, database, and container management services to build, deploy, and secure applications and workloads. In addition, the company offers 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 various channel partners. Akamai Technologies, Inc. was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.

Today's Range

Now: $101.76

$101.12

$102.11

50 Day Range

MA: $107.57

$100.34

$114.80

2 Week Range

Now: $101.76

$76.85

$129.17

Volume

970,786 shs

Average Volume

1,637,973 shs

Market Capitalization

$15.42 billion

P/E Ratio

28.83

Dividend Yield

N/A

Beta

0.72

top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)

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Click here now for the full details of this stock that’s set to rocket in the AI revolution…

Robert Blumofe Biography and Net Worth

What is Robert Blumofe's net worth?

How old is Robert Blumofe?

What is Robert Blumofe's salary?

How do I contact Robert Blumofe?

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

Who are Akamai Technologies' active insiders?

Are insiders buying or selling shares of Akamai Technologies?