First Trust Advisors LP Has $439 Million Holdings in Akamai Technologies, Inc. $AKAM

First Trust Advisors LP lessened its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM) by 4.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,794,655 shares of the technology infrastructure company’s stock after selling 267,307 shares during the period. First Trust Advisors LP owned about 4.03% of Akamai Technologies worth $439,003,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. DLD Asset Management LP boosted its stake in shares of Akamai Technologies by 60.0% in the 2nd quarter. DLD Asset Management LP now owns 20,000,000 shares of the technology infrastructure company’s stock valued at $1,595,200,000 after purchasing an additional 7,500,000 shares in the last quarter. Nordea Investment Management AB increased its position in Akamai Technologies by 39.9% during the 3rd quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company’s stock worth $258,739,000 after purchasing an additional 980,966 shares in the last quarter. Norges Bank bought a new position in Akamai Technologies in the 2nd quarter valued at approximately $266,817,000. Legal & General Group Plc lifted its stake in Akamai Technologies by 3.5% in the 2nd quarter. Legal & General Group Plc now owns 2,812,805 shares of the technology infrastructure company’s stock valued at $224,349,000 after purchasing an additional 94,012 shares during the last quarter. Finally, Edmond DE Rothschild Holding S.A. boosted its position in Akamai Technologies by 12.1% in the second quarter. Edmond DE Rothschild Holding S.A. now owns 2,786,084 shares of the technology infrastructure company’s stock valued at $222,218,000 after buying an additional 301,423 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on AKAM. Piper Sandler boosted their target price on shares of Akamai Technologies from $89.00 to $97.00 and gave the stock a “neutral” rating in a research note on Monday, February 23rd. The Goldman Sachs Group raised their price objective on Akamai Technologies from $69.00 to $76.00 and gave the company a “sell” rating in a report on Friday, February 20th. President Capital boosted their price objective on Akamai Technologies from $104.00 to $116.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Morgan Stanley upped their target price on Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Finally, Raymond James Financial increased their target price on Akamai Technologies from $90.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, February 23rd. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Akamai Technologies currently has a consensus rating of “Hold” and a consensus target price of $108.84.

Akamai Technologies Trading Down 1.1%

AKAM opened at $99.89 on Friday. Akamai Technologies, Inc. has a twelve month low of $67.51 and a twelve month high of $113.50. The company has a fifty day moving average of $95.98 and a 200-day moving average of $85.88. The stock has a market cap of $14.47 billion, a PE ratio of 32.43, a price-to-earnings-growth ratio of 3.41 and a beta of 0.72. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.82.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.09. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the prior year, the firm posted $1.66 earnings per share. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. 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. On average, sell-side analysts predict that Akamai Technologies, Inc. will post 4.6 EPS for the current year.

Insider Activity at Akamai Technologies

In related news, CAO Laura Howell sold 11,273 shares of the company’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $100.14, for a total transaction of $1,128,878.22. Following the sale, the chief accounting officer owned 12,559 shares in the company, valued at $1,257,658.26. This represents a 47.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mani Sundaram sold 3,186 shares of Akamai Technologies stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $101.90, for a total value of $324,653.40. Following the completion of the sale, the executive vice president owned 19,923 shares of the company’s stock, valued at approximately $2,030,153.70. The trade was a 13.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 59,112 shares of company stock worth $5,812,929 over the last quarter. 2.00% of the stock is owned by company insiders.

Akamai Technologies Profile

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.