Akamai Technologies (NASDAQ:AKAM) EVP Sells $882,103.64 in Stock

Akamai Technologies, Inc. (NASDAQ:AKAM) EVP Mani Sundaram sold 7,022 shares of the firm’s stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $125.62, for a total transaction of $882,103.64. Following the sale, the executive vice president directly owned 14,625 shares of the company’s stock, valued at $1,837,192.50. This trade represents a 32.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Akamai Technologies Stock Performance

AKAM stock opened at $106.35 on Thursday. The stock has a market capitalization of $15.28 billion, a PE ratio of 38.26, a price-to-earnings-growth ratio of 5.10 and a beta of 0.63. Akamai Technologies, Inc. has a 12-month low of $70.82 and a 12-month high of $165.45. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.23. The stock’s 50 day simple moving average is $112.01 and its 200 day simple moving average is $118.89.

Akamai Technologies (NASDAQ:AKAM) last issued its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.57 by $0.02. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period last year, the business posted $1.73 EPS. The company’s revenue was up 5.4% compared to the same quarter last year. 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. As a group, research analysts forecast that Akamai Technologies, Inc. will post 3.58 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Norges Bank purchased a new stake in Akamai Technologies during the fourth quarter valued at approximately $192,959,000. Edmond DE Rothschild Holding S.A. purchased a new position in shares of Akamai Technologies during the 2nd quarter worth $222,046,000. William Blair Investment Management LLC bought a new stake in shares of Akamai Technologies during the 2nd quarter valued at $181,508,000. Legal & General Group Plc purchased a new stake in shares of Akamai Technologies in the 2nd quarter worth $159,564,000. Finally, Atreides Management LP purchased a new stake in shares of Akamai Technologies in the 2nd quarter worth $107,640,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. DA Davidson lowered their target price on shares of Akamai Technologies from $185.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday. Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a research note on Monday, September 21st. Citigroup decreased their price objective on shares of Akamai Technologies from $160.00 to $122.00 and set a “neutral” rating for the company in a report on Friday, September 4th. Raymond James Financial restated an “outperform” rating and set a $170.00 price objective on shares of Akamai Technologies in a research report on Tuesday. Finally, HSBC cut shares of Akamai Technologies from a “buy” rating to a “hold” rating and dropped their target price for the stock from $171.00 to $123.00 in a report on Monday, August 10th. Thirteen 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’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $150.10.

Key Akamai Technologies News

Here are the key news stories impacting Akamai Technologies this week:

• Positive Sentiment: A reported $11.6 billion cloud arrangement with Anthropic strengthens Akamai’s transition from content delivery toward edge AI and cloud infrastructure. The agreement could provide a major source of future demand and improve the narrative around Akamai’s growth prospects. Reports indicate the arrangement involves approximately $5.5 billion of planned investment. Akamai Anthropic AI Deal
• Positive Sentiment: President Capital raised its Akamai price target from $150 to $168 and maintained a “Buy” rating, citing substantial potential upside. The bullish target adds support to the view that AI-related growth could accelerate the company’s valuation.
• Positive Sentiment: Akamai and Resurety announced the first exchange-executed virtual power purchase agreement, highlighting the company’s efforts to secure clean energy for its expanding technology infrastructure. Akamai and Resurety Clean Energy Agreement
• Positive Sentiment: SoftServe joined Akamai’s Partner Connect program to help enterprises reduce multicloud costs and deploy edge AI, while Park+ reported cutting cloud infrastructure costs by as much as 60% with Akamai. These developments support adoption of Akamai’s distributed cloud and AI services. Akamai SoftServe Partnership
• Neutral Sentiment: The Anthropic deal has already prompted a sharp positive reaction in the shares, but investors are likely waiting for details on revenue timing, profitability, spending, and execution before assigning a higher valuation. Boston Globe Anthropic Deal Report
• Negative Sentiment: The planned investment could pressure free cash flow and margins, while warrants connected to the arrangement may dilute existing shareholders. These risks are tempering enthusiasm over the headline deal value.
• Negative Sentiment: DA Davidson recently cut its price target, creating a counterpoint to President Capital’s bullish revision and reinforcing the market’s mixed analyst outlook.
• Negative Sentiment: Executives Mani Sundaram and Kim Salem-Jackson sold shares worth approximately $1.14 million combined. The transactions were made under pre-arranged Rule 10b5-1 plans, reducing their significance, but insider selling can still weigh on sentiment.

About Akamai Technologies

Akamai Technologies, Inc (NASDAQ: AKAM) provides cloud computing, cybersecurity and content delivery services for businesses and public-sector organizations. Its distributed edge platform helps customers deliver websites, applications, media and other digital experiences while improving performance, availability and scalability.

The company’s services include web and application performance optimization, content delivery, cloud infrastructure, application and API security, distributed denial-of-service protection, zero-trust security and bot management.