Todd Asset Management LLC Has $37.51 Million Holdings in Akamai Technologies, Inc. $AKAM

Todd Asset Management LLC lifted its position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 63.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 429,949 shares of the technology infrastructure company’s stock after purchasing an additional 167,500 shares during the quarter. Todd Asset Management LLC’s holdings in Akamai Technologies were worth $37,513,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of AKAM. Brighton Jones LLC grew its holdings in shares of Akamai Technologies by 101.4% during the 4th quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company’s stock worth $384,000 after purchasing an additional 2,022 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Akamai Technologies by 35.2% during the 1st quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock worth $88,000 after purchasing an additional 283 shares in the last quarter. United Services Automobile Association acquired a new stake in shares of Akamai Technologies during the 1st quarter worth approximately $266,000. Empowered Funds LLC grew its holdings in shares of Akamai Technologies by 73.0% during the 1st quarter. Empowered Funds LLC now owns 7,134 shares of the technology infrastructure company’s stock worth $574,000 after purchasing an additional 3,010 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Akamai Technologies by 152.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,163 shares of the technology infrastructure company’s stock worth $93,000 after purchasing an additional 703 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Analysts Set New Price Targets

AKAM has been the subject of several analyst reports. KeyCorp raised their target price on Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Scotiabank raised their target price on Akamai Technologies from $120.00 to $180.00 and gave the stock a “sector outperform” rating in a research report on Friday, May 8th. Wall Street Zen downgraded Akamai Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Oppenheimer lifted their price objective on Akamai Technologies from $115.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Finally, Susquehanna lifted their price objective on Akamai Technologies from $120.00 to $175.00 and gave the company a “positive” rating in a research report on Monday, May 11th. Twelve research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $145.29.

Insider Buying and Selling

In other news, Director Madhu Ranganathan sold 3,131 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $102.00, for a total value of $319,362.00. Following the sale, the director directly owned 9,160 shares in the company, valued at $934,320. The trade was a 25.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jon Miller sold 11,000 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $102.67, for a total value of $1,129,370.00. Following the completion of the sale, the director owned 22,806 shares in the company, valued at approximately $2,341,492.02. This trade represents a 32.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 53,954 shares of company stock valued at $5,511,371. Corporate insiders own 2.30% of the company’s stock.

Akamai Technologies Stock Performance

AKAM stock opened at $147.23 on Monday. The company has a market cap of $21.40 billion, a P/E ratio of 49.57, a PEG ratio of 4.60 and a beta of 0.45. Akamai Technologies, Inc. has a twelve month low of $69.78 and a twelve month high of $165.45. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.84. The business has a fifty day moving average of $116.07 and a 200-day moving average of $100.65.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, hitting analysts’ consensus estimates of $1.61. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the firm earned $1.70 earnings per share. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. As a group, equities research analysts expect that Akamai Technologies, Inc. will post 3.93 EPS for the current year.

Akamai Technologies 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.