Intech Investment Management LLC Sells 54,544 Shares of Akamai Technologies, Inc. $AKAM

Intech Investment Management LLC lessened its position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 84.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,187 shares of the technology infrastructure company’s stock after selling 54,544 shares during the quarter. Intech Investment Management LLC’s holdings in Akamai Technologies were worth $772,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in AKAM. Whittier Trust Co. of Nevada Inc. raised its holdings in Akamai Technologies by 295.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 251 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 289 shares during the last quarter. TD Waterhouse Canada Inc. grew its position 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 worth $26,000 after buying an additional 195 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in shares of Akamai Technologies during the 3rd quarter worth approximately $30,000. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of Akamai Technologies during the second quarter worth approximately $32,000. Institutional investors own 94.28% of the company’s stock.

Insider Buying and Selling at Akamai Technologies

In related news, EVP Mani Sundaram sold 1,722 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $98.58, for a total transaction of $169,754.76. Following the sale, the executive vice president owned 21,647 shares of the company’s stock, valued at approximately $2,133,961.26. This trade represents a 7.37% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Laura Howell sold 11,273 shares of Akamai Technologies stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $100.14, for a total value of $1,128,878.22. Following the transaction, the chief accounting officer owned 12,559 shares in the company, valued at approximately $1,257,658.26. This represents a 47.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 60,834 shares of company stock worth $5,982,684 in the last three months. 2.00% of the stock is owned by insiders.

Akamai Technologies Stock Up 2.2%

Shares of NASDAQ AKAM opened at $102.11 on Tuesday. Akamai Technologies, Inc. has a 52-week low of $67.51 and a 52-week high of $113.50. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36. The stock has a market cap of $14.81 billion, a P/E ratio of 33.15, a P/E/G ratio of 3.37 and a beta of 0.72. The firm has a 50 day moving average price of $96.26 and a 200 day moving average price of $86.20.

Akamai Technologies (NASDAQ:AKAM) last posted its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.09. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the business posted $1.66 earnings per share. 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. Analysts expect that Akamai Technologies, Inc. will post 4.6 EPS for the current year.

Analyst Upgrades and Downgrades

AKAM has been the topic of a number of recent research reports. Craig Hallum raised their price objective on shares of Akamai Technologies from $90.00 to $100.00 and gave the company a “hold” rating in a research note on Friday, February 20th. KeyCorp upped their target price on shares of Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. The Goldman Sachs Group increased their price target on Akamai Technologies from $69.00 to $76.00 and gave the company a “sell” rating in a research note on Friday, February 20th. Evercore raised their price target on Akamai Technologies from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Finally, Oppenheimer lifted their price objective on Akamai Technologies from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Ten research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Akamai Technologies has a consensus rating of “Hold” and a consensus price target of $108.84.

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.