LSV Asset Management Makes New $3.79 Million Investment in Akamai Technologies, Inc. $AKAM

LSV Asset Management acquired a new stake in Akamai Technologies, Inc. (NASDAQ:AKAM) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 50,000 shares of the technology infrastructure company’s stock, valued at approximately $3,788,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Alberta Investment Management Corp acquired a new stake in Akamai Technologies in the 2nd quarter worth about $822,000. Rakuten Investment Management Inc. acquired a new position in shares of Akamai Technologies during the 3rd quarter worth approximately $5,323,000. Norges Bank bought a new position in shares of Akamai Technologies during the second quarter worth approximately $266,817,000. Nordea Investment Management AB raised its position in shares of Akamai Technologies by 39.9% in the third quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company’s stock valued at $258,739,000 after buying an additional 980,966 shares in the last quarter. Finally, National Pension Service boosted its stake in shares of Akamai Technologies by 48.5% in the third quarter. National Pension Service now owns 68,111 shares of the technology infrastructure company’s stock valued at $5,160,000 after buying an additional 22,242 shares during the period. 94.28% of the stock is currently owned by institutional investors.

Trending Headlines about Akamai Technologies

Here are the key news stories impacting Akamai Technologies this week:

• Positive Sentiment: DA Davidson raised its price target to $125 and kept a “buy” rating, signaling analyst conviction and adding upside potential relative to the current price. DA Davidson Raises PT
• Positive Sentiment: Zacks highlighted Akamai as a big mover on higher-than-average volume and noted favorable earnings-estimate revision trends — a catalyst that often supports further near-term gains. Zacks: Strength Seen
• Positive Sentiment: Market commentary and retail-focused pieces pointed to a strong one-day move (articles note ~9–10% jumps), which can attract momentum investors and trigger additional buying. AAII: Why AKAM Is Up
• Positive Sentiment: Shares recently hit a 52-week high, a technical signal that can draw more attention from trend-following funds. Investing.com: 52-Week High
• Neutral Sentiment: Akamai is scheduled to report earnings soon; previews and estimate summaries are circulating — the report could amplify today’s move either way. Earnings Preview
• Neutral Sentiment: Public short-interest data in recent reports appears to show zeros/NaN (likely a reporting anomaly), so there’s no clear short-covering signal to explain the volume spike. (Watch official exchanges for corrected short-interest figures.)
• Negative Sentiment: CTO Robert Blumofe sold 3,500 shares at about $108, reducing his stake ~19%. Insider selling can be perceived negatively by some investors even when routine. SEC Form 4

Akamai Technologies Stock Performance

Akamai Technologies stock opened at $111.76 on Monday. Akamai Technologies, Inc. has a 12-month low of $67.51 and a 12-month high of $113.50. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.87. The business’s 50-day moving average price is $91.57 and its two-hundred day moving average price is $83.06. The stock has a market cap of $16.08 billion, a PE ratio of 32.77, a P/E/G ratio of 3.44 and a beta of 0.70.

Insiders Place Their Bets

In related news, CFO Edward J. Mcgowan sold 6,560 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $88.03, for a total transaction of $577,476.80. Following the sale, the chief financial officer owned 16,442 shares in the company, valued at $1,447,389.26. The trade was a 28.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Adam Karon sold 3,320 shares of the stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $87.30, for a total value of $289,836.00. Following the completion of the transaction, the chief operating officer owned 7,785 shares of the company’s stock, valued at $679,630.50. This represents a 29.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 32,318 shares of company stock worth $2,967,254 over the last 90 days. Insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on AKAM shares. Citigroup raised their price objective on Akamai Technologies from $88.00 to $103.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Oppenheimer increased their target price on Akamai Technologies from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Scotiabank boosted their price target on Akamai Technologies from $94.00 to $105.00 and gave the company a “sector outperform” rating in a research note on Friday, January 9th. Jefferies Financial Group cut shares of Akamai Technologies to an “underperform” rating in a research report on Monday, December 15th. Finally, Bank of America decreased their target price on shares of Akamai Technologies from $100.00 to $80.00 and set a “neutral” rating on the stock in a report on Monday, October 20th. Seven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $97.50.

Akamai Technologies Company Profile

Akamai Technologies, Inc is a leading provider of content delivery network (CDN) services and cloud security solutions designed to optimize and safeguard digital experiences. Leveraging a globally distributed platform, the company accelerates web and mobile content delivery for enterprises, media companies, e-commerce platforms and government agencies. Its edge computing architecture brings processing power closer to end users, reducing latency and improving application performance across geographies.

The company’s core offerings include content acceleration, web and mobile performance optimization, media delivery, and a suite of cybersecurity solutions that protect against DDoS attacks, application-layer threats and bot-driven fraud.