Insider Selling: Akamai Technologies (NASDAQ:AKAM) Director Sells $319,362.00 in Stock

Akamai Technologies, Inc. (NASDAQ:AKAM) Director Madhu Ranganathan sold 3,131 shares of Akamai Technologies stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $102.00, for a total value of $319,362.00. Following the completion of the sale, the director directly owned 9,160 shares of the company’s stock, valued at approximately $934,320. The trade was a 25.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Akamai Technologies Stock Down 1.1%

AKAM stock opened at $99.89 on Friday. The stock has a market capitalization of $14.47 billion, a P/E ratio of 32.43, a P/E/G ratio of 3.41 and a beta of 0.72. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.36 and a quick ratio of 2.36. Akamai Technologies, Inc. has a 1-year low of $67.51 and a 1-year high of $113.50. The business has a fifty day moving average price of $95.98 and a 200-day moving average price of $85.88.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.75 by $0.09. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the firm posted $1.66 earnings per share. Akamai Technologies’s revenue was up 7.4% compared to the same quarter last year. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. Equities analysts forecast that Akamai Technologies, Inc. will post 4.6 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Akamai Technologies

Hedge funds have recently modified their holdings of the business. Whittier Trust Co. of Nevada Inc. increased its stake 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 worth $26,000 after purchasing an additional 251 shares in the last quarter. TD Waterhouse Canada Inc. lifted its position in Akamai Technologies by 130.0% during the third quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 195 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in Akamai Technologies by 566.7% during the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 289 shares during the period. JFS Wealth Advisors LLC increased its position in Akamai Technologies by 626.2% in the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after buying an additional 263 shares in the last quarter. Finally, Wolff Wiese Magana LLC increased its position in Akamai Technologies by 497.0% in the third quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock worth $30,000 after buying an additional 333 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

Analyst Ratings Changes

AKAM has been the subject of a number of research reports. UBS Group boosted their target price on shares of Akamai Technologies from $90.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Oppenheimer lifted their price objective on Akamai Technologies from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a research report on Monday, December 29th. Royal Bank Of Canada increased their target price on Akamai Technologies from $90.00 to $100.00 and gave the company a “sector perform” rating in a report on Friday, February 20th. Finally, TD Cowen dropped their target price on Akamai Technologies from $104.00 to $100.00 and set a “hold” rating on the stock in a research report on Friday, February 20th. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $108.84.

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.