Vanguard Group Inc. Has $1.60 Billion Holdings in Akamai Technologies, Inc. $AKAM

Vanguard Group Inc. cut its holdings in shares of Akamai Technologies, Inc. (NASDAQ:AKAMFree Report) by 0.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 18,350,100 shares of the technology infrastructure company’s stock after selling 26,659 shares during the quarter. Vanguard Group Inc. owned approximately 0.13% of Akamai Technologies worth $1,601,046,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in AKAM. Assetmark Inc. raised its position in shares of Akamai Technologies by 31.8% in the 4th quarter. Assetmark Inc. now owns 444 shares of the technology infrastructure company’s stock valued at $39,000 after acquiring an additional 107 shares during the period. Perigon Wealth Management LLC raised its position in shares of Akamai Technologies by 2.1% in the 4th quarter. Perigon Wealth Management LLC now owns 5,502 shares of the technology infrastructure company’s stock valued at $480,000 after acquiring an additional 115 shares during the period. Siemens Fonds Invest GmbH raised its position in shares of Akamai Technologies by 8.3% in the 3rd quarter. Siemens Fonds Invest GmbH now owns 2,043 shares of the technology infrastructure company’s stock valued at $155,000 after acquiring an additional 156 shares during the period. Hantz Financial Services Inc. raised its position in shares of Akamai Technologies by 24.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 830 shares of the technology infrastructure company’s stock valued at $63,000 after acquiring an additional 162 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of Akamai Technologies by 4.5% in the 4th quarter. GAMMA Investing LLC now owns 4,418 shares of the technology infrastructure company’s stock valued at $385,000 after acquiring an additional 191 shares during the period. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Akamai Technologies

In other news, EVP Anthony P. Williams sold 15,000 shares of Akamai Technologies stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the completion of the sale, the executive vice president owned 22,064 shares of the company’s stock, valued at approximately $2,301,054.56. This trade represents a 40.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Laura Howell sold 11,273 shares of Akamai Technologies stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $100.14, for a total value of $1,128,878.22. Following the sale, the chief accounting officer directly owned 12,559 shares of the company’s stock, valued at $1,257,658.26. This represents a 47.30% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 57,454 shares of company stock valued at $5,889,371. 2.30% of the stock is currently owned by insiders.

Akamai Technologies Trading Up 3.2%

Shares of Akamai Technologies stock opened at $102.98 on Friday. The business has a fifty day simple moving average of $104.16 and a two-hundred day simple moving average of $93.61. Akamai Technologies, Inc. has a 1 year low of $69.78 and a 1 year high of $121.12. The company has a market capitalization of $14.93 billion, a price-to-earnings ratio of 33.44, a P/E/G ratio of 3.43 and a beta of 0.59. 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 (NASDAQ:AKAMGet Free Report) last posted its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the firm earned $1.66 earnings per share. The company’s revenue was up 7.4% on a year-over-year basis. 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. Research analysts forecast that Akamai Technologies, Inc. will post 4.17 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on AKAM. Oppenheimer increased their price target on shares of Akamai Technologies from $115.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Akamai Technologies in a research note on Friday, March 27th. Robert W. Baird reissued a “neutral” rating and issued a $110.00 target price on shares of Akamai Technologies in a research note on Thursday, April 2nd. The Goldman Sachs Group raised their target price on shares of Akamai Technologies from $69.00 to $76.00 and gave the company a “sell” rating in a research note on Friday, February 20th. Finally, Susquehanna raised their price target on Akamai Technologies from $105.00 to $120.00 and gave the company a “positive” rating in a report on Friday, February 20th. Nine investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $112.37.

View Our Latest Stock Analysis on Akamai Technologies

Akamai Technologies Profile

(Free Report)

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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Institutional Ownership by Quarter for Akamai Technologies (NASDAQ:AKAM)

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