GSA Capital Partners LLP Takes $941,000 Position in Akamai Technologies, Inc. $AKAM

GSA Capital Partners LLP bought a new position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) in the 2nd quarter, HoldingsChannel reports. The fund bought 7,960 shares of the technology infrastructure company’s stock, valued at approximately $941,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in AKAM. Sarver Vrooman Wealth Advisors bought a new position in Akamai Technologies in the 4th quarter valued at about $31,000. Root Financial Partners LLC increased its holdings in Akamai Technologies by 45.8% during the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock worth $31,000 after purchasing an additional 110 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in Akamai Technologies during the 2nd quarter worth approximately $32,000. WealthCollab LLC raised its stake in shares of Akamai Technologies by 154.2% in the fourth quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock worth $34,000 after purchasing an additional 239 shares during the last quarter. Finally, Align Financial LLC purchased a new stake in shares of Akamai Technologies in the fourth quarter worth approximately $34,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on AKAM shares. Piper Sandler cut their target price on Akamai Technologies from $156.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, August 7th. Susquehanna lowered their price target on Akamai Technologies from $175.00 to $140.00 and set a “positive” rating for the company in a research report on Monday, August 10th. Weiss Ratings restated a “hold (c)” rating on shares of Akamai Technologies in a research note on Wednesday, June 24th. TD Cowen lifted their price objective on shares of Akamai Technologies from $135.00 to $140.00 and gave the stock a “hold” rating in a report on Friday, August 7th. Finally, Guggenheim upped their target price on shares of Akamai Technologies from $181.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Twelve equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $144.14.

Akamai Technologies Price Performance

Shares of NASDAQ AKAM opened at $115.20 on Wednesday. Akamai Technologies, Inc. has a twelve month low of $70.82 and a twelve month high of $165.45. The stock’s 50 day moving average price is $120.42 and its 200-day moving average price is $117.12. The company has a market capitalization of $16.56 billion, a PE ratio of 41.44, a PEG ratio of 5.42 and a beta of 0.63. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.23.

Akamai Technologies (NASDAQ:AKAM) last released its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.02. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.Akamai Technologies’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.73 earnings per share. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. On average, equities analysts anticipate that Akamai Technologies, Inc. will post 3.7 EPS for the current year.

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total value of $31,446.63. Following the completion of the transaction, the chief technology officer owned 31,006 shares in the company, valued at $4,012,486.46. This represents a 0.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total value of $311,811.00. Following the sale, the executive vice president directly owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. This represents a 3.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is currently owned by insiders.

About Akamai Technologies

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.