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Limelight Networks call buyer realizes 83% same-day gains » 08:00
06/26/20
06/26
08:00
06/26/20
08:00
LLNW

Limelight Networks

$7.45 /

+1.09 (+17.14%)

Notable profits for the…

Notable profits for the buyer who lifted the $0.60 offer for 1,501 Limelight Networks (LLNW) Sep-20 8 calls yesterday at 09:55ET when underlying shares were trading at $6.66. Shares closed at $7.45, and the calls at $1.10 for a mark-to-market profit of 83%, or $75K, on the $90K outlay.

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LLNW Limelight Networks
$7.45 /

+1.09 (+17.14%)

LLNW Limelight Networks
$7.45 /

+1.09 (+17.14%)

06/26/20 Raymond James
Limelight Networks price target raised to $8.50 from $6 at Raymond James
06/24/20 Raymond James
Amazon live TV would further differentiate Prime Video, says Raymond James
06/22/20
Fly Intel: Top five analyst initiations
06/22/20 Lake Street
Limelight Networks initiated with a Buy at Lake Street
LLNW Limelight Networks
$7.45 /

+1.09 (+17.14%)

LLNW Limelight Networks
$7.45 /

+1.09 (+17.14%)

LLNW Limelight Networks
$7.45 /

+1.09 (+17.14%)

Recommendations
Limelight Networks price target raised to $8.50 from $6 at Raymond James » 07:37
06/26/20
06/26
07:37
06/26/20
07:37
LLNW

Limelight Networks

$7.45 /

+1.09 (+17.14%)

Raymond James analyst…

Raymond James analyst Robert Majek raised the firm's price target on Limelight Networks to $8.50 from $6 and keeps an Outperform rating on the shares. Majek continues to believe the company's revenue growth potential is underappreciated and that Limelight trades at too large of a discount to its competitors.

ShowHide Related Items >><<
LLNW Limelight Networks
$7.45 /

+1.09 (+17.14%)

LLNW Limelight Networks
$7.45 /

+1.09 (+17.14%)

06/24/20 Raymond James
Amazon live TV would further differentiate Prime Video, says Raymond James
06/22/20
Fly Intel: Top five analyst initiations
06/22/20 Lake Street
Limelight Networks initiated with a Buy at Lake Street
06/08/20 Raymond James
Limelight Networks shares compelling at current levels, says Raymond James
LLNW Limelight Networks
$7.45 /

+1.09 (+17.14%)

LLNW Limelight Networks
$7.45 /

+1.09 (+17.14%)

LLNW Limelight Networks
$7.45 /

+1.09 (+17.14%)

Recommendations
Amazon live TV would further differentiate Prime Video, says Raymond James » 13:53
06/24/20
06/24
13:53
06/24/20
13:53
AMZN

Amazon.com

$2,738.21 /

-27.71 (-1.00%)

, AKAM

Akamai

$100.51 /

-0.41 (-0.41%)

, LLNW

Limelight Networks

$6.39 /

-0.05 (-0.78%)

Raymond James analyst…

Raymond James analyst Aaron Kessler weighed in on rumors that Amazon (AMZN) is looking to add 24/7 live TV programming to its Prime Video OTT service, saying he believes adding the programming will help to further differentiate Amazon Prime Video as well as Twitch from other on-demand streaming services. Kessler says that by adding live programming to its Prime Video service, Amazon will likely be adding a material amount of incremental traffic and spending with its content delivery vendors including Akamai (AKAM) and Limelight (LLNW), and thinks this is especially meaningful for Limelight, which stands to gain the most as a percent of revenue given that Amazon Prime Video made up 30% of its 2019 revenues

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LLNW Limelight Networks
$6.39 /

-0.05 (-0.78%)

AMZN Amazon.com
$2,738.21 /

-27.71 (-1.00%)

AKAM Akamai
$100.51 /

-0.41 (-0.41%)

AMZN Amazon.com
$2,738.21 /

-27.71 (-1.00%)

06/24/20 Bernstein
Potential spinoff would be largely positive for VMware, says Bernstein
06/24/20 Wedbush
Amazon.com price target raised to $3,050 from $2,750 at Wedbush
06/17/20
Fly Intel: Top five analyst initiations
06/17/20 Stifel
Oracle price target raised to $48 from $44 at Stifel
AKAM Akamai
$100.51 /

-0.41 (-0.41%)

06/24/20 Goldman Sachs
Akamai price target raised to $107 from $102 at Goldman Sachs
05/15/20 Piper Sandler
Piper survey finds people are playing more video games during COVID-19
04/29/20 Craig-Hallum
Akamai price target raised to $120 from $115 at Craig-Hallum
04/29/20 JPMorgan
Akamai headwinds could drive 'sell-the-news' reaction, says JPMorgan
LLNW Limelight Networks
$6.39 /

-0.05 (-0.78%)

06/22/20
Fly Intel: Top five analyst initiations
06/22/20 Lake Street
Limelight Networks initiated with a Buy at Lake Street
06/08/20 Raymond James
Limelight Networks shares compelling at current levels, says Raymond James
06/08/20 Raymond James
Limelight Networks upgraded to Outperform from Market Perform at Raymond James
LLNW Limelight Networks
$6.39 /

-0.05 (-0.78%)

AMZN Amazon.com
$2,738.21 /

-27.71 (-1.00%)

AKAM Akamai
$100.51 /

-0.41 (-0.41%)

AMZN Amazon.com
$2,738.21 /

-27.71 (-1.00%)

AKAM Akamai
$100.51 /

-0.41 (-0.41%)

LLNW Limelight Networks
$6.39 /

-0.05 (-0.78%)

AMZN Amazon.com
$2,738.21 /

-27.71 (-1.00%)

AKAM Akamai
$100.51 /

-0.41 (-0.41%)

LLNW Limelight Networks
$6.39 /

-0.05 (-0.78%)

AMZN Amazon.com
$2,738.21 /

-27.71 (-1.00%)

AKAM Akamai
$100.51 /

-0.41 (-0.41%)

AMZN Amazon.com
$2,738.21 /

-27.71 (-1.00%)

Conference/Events
Limelight Networks participates in a conference call hosted by Lake Street » 04:55
06/24/20
06/24
04:55
06/24/20
04:55
LLNW

Limelight Networks

$6.44 /

+0.87 (+15.62%)

Conference call with…

Conference call with management to be held on June 24 hosted by Lake Street.

ShowHide Related Items >><<
LLNW Limelight Networks
$6.44 /

+0.87 (+15.62%)

LLNW Limelight Networks
$6.44 /

+0.87 (+15.62%)

06/22/20
Fly Intel: Top five analyst initiations
06/22/20 Lake Street
Limelight Networks initiated with a Buy at Lake Street
06/08/20 Raymond James
Limelight Networks shares compelling at current levels, says Raymond James
06/08/20 Raymond James
Limelight Networks upgraded to Outperform from Market Perform at Raymond James
LLNW Limelight Networks
$6.44 /

+0.87 (+15.62%)

LLNW Limelight Networks
$6.44 /

+0.87 (+15.62%)

LLNW Limelight Networks
$6.44 /

+0.87 (+15.62%)

Hot Stocks
Limelight jumps as analyst sees 'best-in-class' video content delivery network » 12:41
06/23/20
06/23
12:41
06/23/20
12:41
LLNW

Limelight Networks

$6.50 /

+0.93 (+16.70%)

, DIS

Disney

$116.56 /

+0.63 (+0.54%)

, T

AT&T

$30.53 /

+0.425 (+1.41%)

, CMCSA

Comcast

$39.31 /

+0.875 (+2.28%)

, AKAM

Akamai

$103.10 /

+1.57 (+1.55%)

Shares of digital content…

Shares of digital content distribution company Limelight Networks (LLNW) are pushing higher in afternoon trading after the company announced it will be participating in a conference call hosted by Lake Street management on June 24. WHAT'S NEW: Limelight shares caught the eye of investors yesterday morning when Lake Street analyst Eric Martinuzzi noted that after spending time investing in its business, the company now has a "best-in-class" over-over-the-top, or OTT, video content delivery network. FORTUITOUS WAVE OF CONTENT: The Lake Street analyst sees the company's product offerings as coinciding " fortuitously" with a wave of new and planned content offerings from the likes of Disney (DIS), HBO (T), and NBCUniversal (CMCSA). Martinuzzi initiated coverage of Limelight Networks with a Buy rating and $8 price target on Monday. The analyst believes Limelight is "on the cusp" of years of double-digit growth and margin expansion. Martinuzzi forecast "a bright future" of new account sign-ups and higher installed base retention as the company turns its competitive advantage into market share gains, the analyst said in his research note. PRICE ACTION: In afternoon trading, shares of Limelight Networks jumped nearly 16% to $6.45. OTHERS TO WATCH: Other companies to watch include Akamai Technologies (AKAM), which is up 1.5% to $103.08.

ShowHide Related Items >><<
T AT&T
$30.53 /

+0.425 (+1.41%)

LLNW Limelight Networks
$6.50 /

+0.93 (+16.70%)

DIS Disney
$116.56 /

+0.63 (+0.54%)

CMCSA Comcast
$39.31 /

+0.875 (+2.28%)

AKAM Akamai
$103.10 /

+1.57 (+1.55%)

LLNW Limelight Networks
$6.50 /

+0.93 (+16.70%)

06/22/20
Fly Intel: Top five analyst initiations
06/22/20 Lake Street
Limelight Networks initiated with a Buy at Lake Street
06/08/20 Raymond James
Limelight Networks shares compelling at current levels, says Raymond James
06/08/20 Raymond James
Limelight Networks upgraded to Outperform from Market Perform at Raymond James
DIS Disney
$116.56 /

+0.63 (+0.54%)

06/19/20 Wells Fargo
Disney price target raised to $118 from $107 at Wells Fargo
06/15/20 BofA
BofA boosts Disney target to $146, sees 'compelling' entry point
06/09/20
Fly Intel: Top five analyst downgrades
06/09/20 UBS
Disney price target raised to $126 from $114 at UBS
T AT&T
$30.53 /

+0.425 (+1.41%)

06/15/20 Stephens
Electronic Arts seems like best fit as buyer for WB Interactive, says Stephens
06/15/20 Oppenheimer
EA makes 'most sense' as potential buyer of Warner gaming unit, says Oppenheimer
06/11/20 Wells Fargo
T-Mobile price target raised to $120 from $110 at Wells Fargo
05/21/20 JPMorgan
Dish, AT&T's DirecTV combining could make sense, says JPMorgan
CMCSA Comcast
$39.31 /

+0.875 (+2.28%)

06/10/20 Citi
Comcast price target raised to $48 from $43 at Citi
05/19/20
Fly Intel: Top five analyst downgrades
05/19/20 Guggenheim
Guggenheim downgrades Comcast to Neutral on challenging 'new normal'
05/19/20 Guggenheim
Comcast downgraded to Neutral from Buy at Guggenheim
AKAM Akamai
$103.10 /

+1.57 (+1.55%)

05/15/20 Piper Sandler
Piper survey finds people are playing more video games during COVID-19
04/29/20 Craig-Hallum
Akamai price target raised to $120 from $115 at Craig-Hallum
04/29/20 JPMorgan
Akamai headwinds could drive 'sell-the-news' reaction, says JPMorgan
04/29/20 SunTrust
Akamai price target raised to $117 from $108 at SunTrust
T AT&T
$30.53 /

+0.425 (+1.41%)

LLNW Limelight Networks
$6.50 /

+0.93 (+16.70%)

DIS Disney
$116.56 /

+0.63 (+0.54%)

CMCSA Comcast
$39.31 /

+0.875 (+2.28%)

AKAM Akamai
$103.10 /

+1.57 (+1.55%)

T AT&T
$30.53 /

+0.425 (+1.41%)

DIS Disney
$116.56 /

+0.63 (+0.54%)

CMCSA Comcast
$39.31 /

+0.875 (+2.28%)

AKAM Akamai
$103.10 /

+1.57 (+1.55%)

T AT&T
$30.53 /

+0.425 (+1.41%)

LLNW Limelight Networks
$6.50 /

+0.93 (+16.70%)

DIS Disney
$116.56 /

+0.63 (+0.54%)

CMCSA Comcast
$39.31 /

+0.875 (+2.28%)

AKAM Akamai
$103.10 /

+1.57 (+1.55%)

T AT&T
$30.53 /

+0.425 (+1.41%)

LLNW Limelight Networks
$6.50 /

+0.93 (+16.70%)

DIS Disney
$116.56 /

+0.63 (+0.54%)

CMCSA Comcast
$39.31 /

+0.875 (+2.28%)

AKAM Akamai
$103.10 /

+1.57 (+1.55%)

Conference/Events
Limelight Networks participates in a conference call hosted by Lake Street » 11:11
06/23/20
06/23
11:11
06/23/20
11:11
LLNW

Limelight Networks

$6.15 /

+0.58 (+10.41%)

Conference call with…

Conference call with management to be held on June 24 hosted by Lake Street.

ShowHide Related Items >><<
LLNW Limelight Networks
$6.15 /

+0.58 (+10.41%)

LLNW Limelight Networks
$6.15 /

+0.58 (+10.41%)

06/22/20
Fly Intel: Top five analyst initiations
06/22/20 Lake Street
Limelight Networks initiated with a Buy at Lake Street
06/08/20 Raymond James
Limelight Networks shares compelling at current levels, says Raymond James
06/08/20 Raymond James
Limelight Networks upgraded to Outperform from Market Perform at Raymond James
LLNW Limelight Networks
$6.15 /

+0.58 (+10.41%)

LLNW Limelight Networks
$6.15 /

+0.58 (+10.41%)

LLNW Limelight Networks
$6.15 /

+0.58 (+10.41%)

Initiation
Fly Intel: Top five analyst initiations » 09:57
06/22/20
06/22
09:57
06/22/20
09:57
NKLA

Nikola

$65.13 /

-0.77 (-1.17%)

, DKNG

DraftKings

$42.00 /

+0.03 (+0.07%)

, APRE

Aprea Therapeutics

$37.19 /

+ (+0.00%)

, CHX

ChampionX

$9.82 /

+0.055 (+0.56%)

, LLNW

Limelight Networks

$5.15 /

+ (+0.00%)

Catch up on today's…

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Nikola (NKLA) initiated with a Neutral at JPMorgan. 2. DraftKings (DKNG) initiated with a Buy at Jefferies. 3. Aprea Therapeutics (APRE) initiated with a Neutral at H.C. Wainwright. 4. ChampionX (CHX) initiated with a Buy at BofA. 5. Limelight Networks (LLNW) initiated with a Buy at Lake Street. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
NKLA Nikola
$65.13 /

-0.77 (-1.17%)

LLNW Limelight Networks
$5.15 /

+ (+0.00%)

DKNG DraftKings
$42.00 /

+0.03 (+0.07%)

CHX ChampionX
$9.82 /

+0.055 (+0.56%)

APRE Aprea Therapeutics
$37.19 /

+ (+0.00%)

NKLA Nikola
$65.13 /

-0.77 (-1.17%)

06/22/20 JPMorgan
CNH Industrial price target raised to $8 from $6.50 at JPMorgan
06/22/20 JPMorgan
JPMorgan starts 'fully valued' Nikola with Neutral, $45 price target
06/22/20 JPMorgan
Nikola initiated with a Neutral at JPMorgan
06/17/20
Fly Intel: Top five analyst initiations
DKNG DraftKings
$42.00 /

+0.03 (+0.07%)

06/22/20 Jefferies
DraftKings initiated with a Buy at Jefferies
06/19/20 Susquehanna
DraftKings state launches will cost money, says Susquehanna
06/17/20 Susquehanna
DraftKings equity offering both smart and required, says Susquehanna
06/12/20 Craig-Hallum
New Jersey iGaming revenue accelerates in May, Craig-Hallum says
APRE Aprea Therapeutics
$37.19 /

+ (+0.00%)

06/22/20 H.C. Wainwright
Aprea Therapeutics initiated with a Neutral at H.C. Wainwright
04/21/20
Fly Intel: Top five analyst initiations
04/20/20
Baird starts Aprea Therapeutics with Outperform on APR-246 potential
04/20/20 Baird
Aprea Therapeutics initiated with an Outperform at Baird
CHX ChampionX
$9.82 /

+0.055 (+0.56%)

06/22/20 BofA
ChampionX initiated with a Buy at BofA
06/04/20 Citi
Apergy price target raised to $15 from $12 at Citi
LLNW Limelight Networks
$5.15 /

+ (+0.00%)

06/22/20 Lake Street
Limelight Networks initiated with a Buy at Lake Street
06/08/20 Raymond James
Limelight Networks shares compelling at current levels, says Raymond James
06/08/20 Raymond James
Limelight Networks upgraded to Outperform from Market Perform at Raymond James
04/21/20 Cowen
Limelight Networks upside results and guidance seen, says Cowen
LLNW Limelight Networks
$5.15 /

+ (+0.00%)

DKNG DraftKings
$42.00 /

+0.03 (+0.07%)

APRE Aprea Therapeutics
$37.19 /

+ (+0.00%)

NKLA Nikola
$65.13 /

-0.77 (-1.17%)

DKNG DraftKings
$42.00 /

+0.03 (+0.07%)

NKLA Nikola
$65.13 /

-0.77 (-1.17%)

LLNW Limelight Networks
$5.15 /

+ (+0.00%)

DKNG DraftKings
$42.00 /

+0.03 (+0.07%)

NKLA Nikola
$65.13 /

-0.77 (-1.17%)

LLNW Limelight Networks
$5.15 /

+ (+0.00%)

DKNG DraftKings
$42.00 /

+0.03 (+0.07%)

Initiation
Limelight Networks initiated with a Buy at Lake Street » 08:46
06/22/20
06/22
08:46
06/22/20
08:46
LLNW

Limelight Networks

$5.15 /

+0.06 (+1.18%)

Lake Street analyst Eric…

Lake Street analyst Eric Martinuzzi initiated coverage of Limelight Networks with a Buy rating and $8 price target. The company has emerged from two years of investment with a "best in class" over-the-top video content delivery network that coincides with a wave of new and planned streaming offerings, said Martinuzzi who believes Limelight is "on the cusp" of years of double-digit growth and margin expansion. He forecasts "a bright future" of new account sign-ups and higher installed base retention as the company turns its competitive advantage into market share gains, the analyst added.

ShowHide Related Items >><<
LLNW Limelight Networks
$5.15 /

+0.06 (+1.18%)

LLNW Limelight Networks
$5.15 /

+0.06 (+1.18%)

06/08/20 Raymond James
Limelight Networks shares compelling at current levels, says Raymond James
06/08/20 Raymond James
Limelight Networks upgraded to Outperform from Market Perform at Raymond James
04/21/20 Cowen
Limelight Networks upside results and guidance seen, says Cowen
04/21/20 B. Riley FBR
Limelight Networks price target raised to $7.50 from $6.50 at B. Riley FBR
LLNW Limelight Networks
$5.15 /

+0.06 (+1.18%)

LLNW Limelight Networks
$5.15 /

+0.06 (+1.18%)

LLNW Limelight Networks
$5.15 /

+0.06 (+1.18%)

Over a month ago
Upgrade
Limelight Networks shares compelling at current levels, says Raymond James » 07:41
06/08/20
06/08
07:41
06/08/20
07:41
LLNW

Limelight Networks

$4.70 /

+0.02 (+0.43%)

Raymond James analyst…

Raymond James analyst Robert Majek upgraded Limelight Networks to Outperform from Market Perform with a $6 price target after hosting the company's CFO and CAO and completing a series of industry checks. The recent pullback in the shares offers an attractive entry point, Majek tells investors in a research note, adding that he believes the the company's revenue growth potential is underappreciated and risk/reward for shares looks compelling at current levels. Majek believes investors are not giving Limelight enough credit for its efforts in improving the performance of its network and its increasing focus on video streaming that have helped it increase the quality of its customer base and win/expand with large and growing Over-the-Top customers, including Disney+, Apple TV+, Amazon/ Twitch, NBC Peacock, HBO and MLB, many of which were not customers a year ago.

ShowHide Related Items >><<
LLNW Limelight Networks
$4.70 /

+0.02 (+0.43%)

LLNW Limelight Networks
$4.70 /

+0.02 (+0.43%)

06/08/20 Raymond James
Limelight Networks upgraded to Outperform from Market Perform at Raymond James
04/21/20 Cowen
Limelight Networks upside results and guidance seen, says Cowen
04/21/20 B. Riley FBR
Limelight Networks price target raised to $7.50 from $6.50 at B. Riley FBR
03/30/20
Fly Intel: Top five analyst initiations
LLNW Limelight Networks
$4.70 /

+0.02 (+0.43%)

LLNW Limelight Networks
$4.70 /

+0.02 (+0.43%)

LLNW Limelight Networks
$4.70 /

+0.02 (+0.43%)

Upgrade
Limelight Networks upgraded to Outperform from Market Perform at Raymond James » 04:48
06/08/20
06/08
04:48
06/08/20
04:48
LLNW

Limelight Networks

$4.70 /

+0.02 (+0.43%)

Raymond James analyst…

Raymond James analyst Robert Majek upgraded Limelight Networks to Outperform from Market Perform with a $6 price target. The recent pullback in the shares offers an attractive entry point, Majek tells investors in a research note.

ShowHide Related Items >><<
LLNW Limelight Networks
$4.70 /

+0.02 (+0.43%)

LLNW Limelight Networks
$4.70 /

+0.02 (+0.43%)

04/21/20 Cowen
Limelight Networks upside results and guidance seen, says Cowen
04/21/20 B. Riley FBR
Limelight Networks price target raised to $7.50 from $6.50 at B. Riley FBR
03/30/20
Fly Intel: Top five analyst initiations
03/30/20 Northland
Limelight Networks initiated with an Outperform at Northland
LLNW Limelight Networks
$4.70 /

+0.02 (+0.43%)

LLNW Limelight Networks
$4.70 /

+0.02 (+0.43%)

LLNW Limelight Networks
$4.70 /

+0.02 (+0.43%)

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