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 $2.33 million as of March 15th, 2023. Dr. Blumofe owns 29,716 shares of Akamai Technologies stock worth more than $2,326,763 as of April 1st. This net worth approximation does not reflect any other investments that Dr. Blumofe may own. Learn More about Robert Blumofe's net worth.

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 4,000 shares of the business's stock in a transaction on Wednesday, March 15th. The shares were sold at an average price of $72.08, for a transaction totalling $288,320.00. Following the completion of the sale, the chief technology officer now directly owns 29,716 shares of the company's stock, valued at $2,141,929.28. 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, Akamai Technologies insiders bought shares 33 times. They purchased a total of 10,170 shares worth more than $826,277.88. In the last year, insiders at the technology infrastructure company sold shares 20 times. They sold a total of 87,847 shares worth more than $8,193,425.33. The most recent insider tranaction occured on March, 31st when CEO F Thomson Leighton bought 326 shares worth more than $25,062.88. 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 3/31/2023.

Robert Blumofe Insider Trading History at Akamai Technologies

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/15/2023Sell4,000$72.08$288,320.0029,716View SEC Filing Icon  
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  
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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.

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Akamai Technologies Company Overview

Akamai Technologies logo
Akamai Technologies, Inc. engages in the provision of cloud services for delivering, optimizing, and securing content and business applications over the Internet. Its products include security, web performance, media delivery, and network operator. The company was founded by Frank T. Leighton, Jonathan Seelig, Randall S. Kaplan, and Daniel M. Lewin on August 20, 1998 and is headquartered in Cambridge, MA.
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Today's Range

Now: $78.30
Low: $76.76
High: $78.40

50 Day Range

MA: $79.29
Low: $70.75
High: $91.28

2 Week Range

Now: $78.30
Low: $70.65
High: $123.25

Volume

1,406,429 shs

Average Volume

1,984,337 shs

Market Capitalization

$12.24 billion

P/E Ratio

26.36

Dividend Yield

N/A

Beta

0.78