Ameritas Investment Partners Inc. Has $105,000 Stake in Akamai Technologies, Inc. $AKAM

Ameritas Investment Partners Inc. decreased its position in Akamai Technologies, Inc. (NASDAQ:AKAM) by 99.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,380 shares of the technology infrastructure company’s stock after selling 1,880,000 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Akamai Technologies were worth $105,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its stake in Akamai Technologies by 24.3% in the third quarter. Hantz Financial Services Inc. now owns 830 shares of the technology infrastructure company’s stock valued at $63,000 after acquiring an additional 162 shares during the last quarter. Main Management ETF Advisors LLC increased its stake in shares of Akamai Technologies by 1.7% during the 2nd quarter. Main Management ETF Advisors LLC now owns 11,728 shares of the technology infrastructure company’s stock worth $935,000 after purchasing an additional 192 shares during the last quarter. Metis Global Partners LLC raised its holdings in shares of Akamai Technologies by 1.9% during the 3rd quarter. Metis Global Partners LLC now owns 10,486 shares of the technology infrastructure company’s stock valued at $794,000 after purchasing an additional 192 shares in the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of Akamai Technologies by 130.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 195 shares in the last quarter. Finally, Meridian Wealth Management LLC lifted its stake in shares of Akamai Technologies by 3.2% in the 2nd quarter. Meridian Wealth Management LLC now owns 6,354 shares of the technology infrastructure company’s stock valued at $507,000 after purchasing an additional 196 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Analyst Upgrades and Downgrades

AKAM has been the subject of a number of recent research reports. Royal Bank Of Canada upped their price objective on shares of Akamai Technologies from $90.00 to $100.00 and gave the stock a “sector perform” rating in a report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Akamai Technologies in a research report on Monday, December 29th. Oppenheimer upped their price target on Akamai Technologies from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Robert W. Baird increased their price objective on Akamai Technologies from $90.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Finally, Jefferies Financial Group downgraded Akamai Technologies to an “underperform” rating in a research note on Monday, December 15th. Ten equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Akamai Technologies currently has an average rating of “Hold” and an average target price of $108.84.

Akamai Technologies Stock Performance

NASDAQ:AKAM opened at $99.89 on Friday. The firm has a market capitalization of $14.47 billion, a PE ratio of 32.43, a PEG ratio of 3.37 and a beta of 0.72. Akamai Technologies, Inc. has a 1 year low of $67.51 and a 1 year high of $113.50. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 0.82. The firm’s fifty day simple moving average is $95.98 and its 200 day simple moving average is $85.95.

Akamai Technologies (NASDAQ:AKAM) last released its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share for the quarter, topping 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 firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the business earned $1.66 EPS. The business’s revenue was up 7.4% on a year-over-year basis. 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 anticipate that Akamai Technologies, Inc. will post 4.6 EPS for the current year.

Insiders Place Their Bets

In related news, Director Jon Miller sold 11,000 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $102.67, for a total transaction of $1,129,370.00. Following the completion of the transaction, the director owned 22,806 shares of the company’s stock, valued at approximately $2,341,492.02. The trade was a 32.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mani Sundaram sold 8,642 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $101.25, for a total value of $875,002.50. Following the sale, the executive vice president owned 19,923 shares of the company’s stock, valued at approximately $2,017,203.75. The trade was a 30.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 59,112 shares of company stock valued at $5,812,929 in the last ninety days. Company insiders own 2.00% of the company’s stock.

Akamai Technologies Company 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.