Mirae Asset Global Investments Co. Ltd. Acquires 57,550 Shares of Akamai Technologies, Inc. $AKAM

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 57,550 shares of the technology infrastructure company’s stock, valued at approximately $6,120,000.

Several other large investors also recently modified their holdings of AKAM. Aviance Capital Partners LLC lifted its position in Akamai Technologies by 3.1% during the third quarter. Aviance Capital Partners LLC now owns 33,544 shares of the technology infrastructure company’s stock worth $3,567,000 after purchasing an additional 994 shares during the period. ProShare Advisors LLC grew its stake in Akamai Technologies by 2.9% during the third quarter. ProShare Advisors LLC now owns 28,207 shares of the technology infrastructure company’s stock worth $3,000,000 after buying an additional 806 shares in the last quarter. Avestar Capital LLC grew its stake in Akamai Technologies by 15.9% during the third quarter. Avestar Capital LLC now owns 3,658 shares of the technology infrastructure company’s stock worth $389,000 after buying an additional 501 shares in the last quarter. International Assets Investment Management LLC bought a new position in Akamai Technologies in the 3rd quarter valued at about $1,780,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in Akamai Technologies by 15.0% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 36,000 shares of the technology infrastructure company’s stock valued at $3,829,000 after buying an additional 4,700 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on AKAM shares. Wall Street Zen upgraded shares of Akamai Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, October 17th. Piper Sandler reduced their price target on shares of Akamai Technologies from $158.00 to $120.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 21st. Zacks Research raised shares of Akamai Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. JPMorgan Chase & Co. lifted their price objective on shares of Akamai Technologies from $158.00 to $167.00 and gave the company a “neutral” rating in a research note on Friday, September 25th. Finally, UBS Group lowered their price objective on shares of Akamai Technologies from $148.00 to $100.00 and set a “neutral” rating for the company in a research report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Akamai Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.24.

More Akamai Technologies News

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

• Positive Sentiment: Third-quarter EPS was $1.77, above the $1.67 analyst consensus. Full-year 2026 EPS guidance of $6.47–$6.68 also exceeds the $6.03 consensus. Akamai Q3 Earnings and Revenues
• Negative Sentiment: Fourth-quarter EPS guidance of $1.50–$1.70 has a midpoint below the $1.63 consensus. The $1.1–$1.2 billion revenue range also has a midpoint below analysts’ $1.2 billion estimate, raising concerns about near-term performance. Akamai quarterly results and guidance
• Negative Sentiment: Full-year revenue guidance of $4.4–$4.5 billion reaches, but does not exceed, the $4.5 billion consensus at its high end. Third-quarter EPS was also below the $1.86 reported a year earlier, despite beating estimates. Akamai Q3 key metrics

Akamai Technologies Stock Down 9.4%

Shares of AKAM opened at $77.84 on Friday. Akamai Technologies, Inc. has a 52 week low of $71.93 and a 52 week high of $165.45. The stock has a market capitalization of $11.19 billion, a price-to-earnings ratio of 28.00, a PEG ratio of 4.05 and a beta of 0.65. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64. The stock has a fifty day moving average of $102.11 and a 200-day moving average of $112.27.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings data on Thursday, November 5th. The technology infrastructure company reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.10. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%. Akamai Technologies’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the business posted $1.86 EPS. Akamai Technologies has set its FY 2026 guidance at 6.470-6.680 EPS and its Q4 2026 guidance at 1.500-1.700 EPS. As a group, sell-side analysts anticipate that Akamai Technologies, Inc. will post 3.58 earnings per share for the current fiscal year.

Insider Buying and Selling at Akamai Technologies

In other news, EVP Paul Joseph sold 3,100 shares of Akamai Technologies stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $105.63, for a total transaction of $327,453.00. Following the sale, the executive vice president directly owned 28,472 shares of the company’s stock, valued at approximately $3,007,497.36. This trade represents a 9.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mani Sundaram sold 7,022 shares of Akamai Technologies stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $125.62, for a total value of $882,103.64. Following the sale, the executive vice president directly owned 14,625 shares in the company, valued at $1,837,192.50. The trade was a 32.44% 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. Over the last three months, insiders sold 12,135 shares of company stock worth $1,467,221. 2.30% of the stock is currently owned by insiders.

Akamai Technologies Profile

Akamai Technologies, Inc provides cloud, cybersecurity and content-delivery services that help organizations operate and protect applications, websites and digital media over the internet. Its distributed edge platform is designed to deliver online content closer to end users while improving performance, availability and resilience.

The company’s services include content delivery and application performance solutions, cloud computing capabilities, web and application security, distributed denial-of-service protection, bot management and zero-trust security tools.