Akamai Technologies, Inc. (NASDAQ:AKAM – Get Free Report) EVP Mani Sundaram sold 8,642 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $101.25, for a total transaction of $875,002.50. Following the completion of the transaction, the executive vice president owned 19,923 shares of the company’s stock, valued at $2,017,203.75. This trade represents a 30.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Mani Sundaram also recently made the following trade(s):
- On Thursday, March 5th, Mani Sundaram sold 3,186 shares of Akamai Technologies stock. The shares were sold at an average price of $101.90, for a total value of $324,653.40.
Akamai Technologies Stock Down 1.9%
NASDAQ AKAM opened at $101.00 on Friday. The stock has a market capitalization of $14.63 billion, a P/E ratio of 32.79, a price-to-earnings-growth ratio of 3.47 and a beta of 0.72. Akamai Technologies, Inc. has a 52 week low of $67.51 and a 52 week high of $113.50. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36. The stock has a fifty day moving average of $95.75 and a 200-day moving average of $85.71.
Analysts Set New Price Targets
AKAM has been the topic of a number of recent research reports. Royal Bank Of Canada raised their price objective on shares of Akamai Technologies from $90.00 to $100.00 and gave the company a “sector perform” rating in a research note on Friday, February 20th. Citigroup raised their price target on Akamai Technologies from $103.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Piper Sandler upped their price objective on Akamai Technologies from $89.00 to $97.00 and gave the company a “neutral” rating in a report on Monday, February 23rd. Raymond James Financial raised their target price on Akamai Technologies from $90.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, February 23rd. Finally, Susquehanna boosted their target price on Akamai Technologies from $105.00 to $120.00 and gave the stock a “positive” rating in a research report on Friday, February 20th. Ten investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $108.84.
Get Our Latest Research Report on Akamai Technologies
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JFS Wealth Advisors LLC raised its position in shares of Akamai Technologies by 626.2% during the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after purchasing an additional 263 shares during the period. Whittier Trust Co. of Nevada Inc. grew its position in shares of Akamai Technologies by 295.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 251 shares during the period. Smartleaf Asset Management LLC increased its stake in Akamai Technologies by 566.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 289 shares in the last quarter. TD Waterhouse Canada Inc. raised its holdings in Akamai Technologies by 130.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 195 shares during the period. Finally, Sarver Vrooman Wealth Advisors bought a new position in Akamai Technologies in the fourth quarter valued at approximately $31,000. 94.28% of the stock is owned by institutional investors and hedge funds.
More Akamai Technologies News
Here are the key news stories impacting Akamai Technologies this week:
- Positive Sentiment: Company provided technical detail on a four‑year, $200M service agreement to host a multi‑thousand NVIDIA Blackwell GPU cluster plus AI‑optimized networking and high‑performance storage on Akamai’s distributed cloud — a sizable commercial validation of its Akamai Inference Cloud and AI infrastructure strategy. Akamai Discloses Technical Details on AI Cluster Deal
- Positive Sentiment: Recent Q4 results beat consensus (EPS and revenue) and Akamai gave FY‑26 guidance; several analysts have since raised targets/ratings, which is supporting investor interest in the AI/inference‑cloud growth narrative. Akamai Announces $200 Million AI Compute Service Agreement
- Neutral Sentiment: Management presentations (Raymond James, Morgan Stanley transcripts) provide incremental color on strategy and execution but added no new disclosures beyond the AI contract and guidance. Akamai Presents at Raymond James Conference
- Neutral Sentiment: Coverage pieces weighing buy/hold/sell as Akamai ramps GPU capacity summarize pros/cons for investors but don’t constitute a single decisive catalyst. As Akamai Loads Up on GPUs, Should You Buy, Sell, or Hold AKAM Stock?
- Negative Sentiment: Multiple insider sales were disclosed this week (EVP Mani Sundaram, director Jon Miller, director Madhu Ranganathan and others); while insider sales can be for personal reasons, they often weigh on near‑term sentiment. SEC Form 4 (Mani Sundaram)
- Negative Sentiment: The $200M contract is meaningful but concentrated with a single major U.S. tech customer and Akamai is investing to scale AI infrastructure — investors may be concerned about near‑term capex, margin pressure and customer concentration risk. Akamai Announces $200 Million AI Compute Service Agreement
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.
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