Representative Lisa C. McClain (R-Michigan) recently bought shares of Akamai Technologies, Inc. (NASDAQ:AKAM). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Akamai Technologies stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.
Akamai Technologies Trading Up 2.7%
Shares of Akamai Technologies stock opened at $90.71 on Wednesday. Akamai Technologies, Inc. has a 1-year low of $67.51 and a 1-year high of $103.75. The company’s fifty day simple moving average is $78.51 and its 200-day simple moving average is $77.87. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.31 and a quick ratio of 2.31. The stock has a market capitalization of $13.05 billion, a PE ratio of 32.17, a P/E/G ratio of 3.49 and a beta of 0.72.
Institutional Investors Weigh In On Akamai Technologies
Hedge funds have recently bought and sold shares of the business. Alberta Investment Management Corp purchased a new stake in Akamai Technologies during the second quarter valued at approximately $822,000. Intech Investment Management LLC boosted its holdings in shares of Akamai Technologies by 82.6% in the 2nd quarter. Intech Investment Management LLC now owns 64,731 shares of the technology infrastructure company’s stock worth $5,163,000 after purchasing an additional 29,281 shares during the period. Savant Capital LLC bought a new position in shares of Akamai Technologies during the 2nd quarter valued at approximately $309,000. Paralel Advisors LLC boosted its stake in Akamai Technologies by 43.8% during the second quarter. Paralel Advisors LLC now owns 33,188 shares of the technology infrastructure company’s stock worth $2,647,000 after buying an additional 10,110 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its position in Akamai Technologies by 1,663.2% during the second quarter. Robeco Institutional Asset Management B.V. now owns 1,027,175 shares of the technology infrastructure company’s stock valued at $81,927,000 after acquiring an additional 968,919 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.
Insider Buying and Selling at Akamai Technologies
In other news, CTO Robert Blumofe sold 3,500 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $86.00, for a total value of $301,000.00. Following the completion of the sale, the chief technology officer owned 24,410 shares in the company, valued at approximately $2,099,260. This trade represents a 12.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paul C. Joseph sold 5,000 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $76.65, for a total transaction of $383,250.00. Following the transaction, the executive vice president owned 27,349 shares in the company, valued at $2,096,300.85. The trade was a 15.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 2.00% of the company’s stock.
Analyst Ratings Changes
Several research firms have recently commented on AKAM. Wall Street Zen raised Akamai Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Oppenheimer began coverage on shares of Akamai Technologies in a research report on Monday, November 17th. They set an “outperform” rating and a $100.00 price objective on the stock. HSBC upped their target price on shares of Akamai Technologies from $130.00 to $134.00 in a report on Monday, November 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of Akamai Technologies in a report on Wednesday, November 19th. Finally, Citigroup boosted their price objective on Akamai Technologies from $85.00 to $88.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Six equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $93.63.
View Our Latest Analysis on Akamai Technologies
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
Akamai Technologies Company Profile
Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.
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