Banque Cantonale Vaudoise Sells 6,233 Shares of Akamai Technologies, Inc. $AKAM

Banque Cantonale Vaudoise trimmed its holdings in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 15.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,226 shares of the technology infrastructure company’s stock after selling 6,233 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Akamai Technologies were worth $2,669,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in AKAM. DLD Asset Management LP raised its stake in Akamai Technologies by 60.0% in the second 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. First Trust Advisors LP grew its stake in Akamai Technologies by 4.9% in the 2nd quarter. First Trust Advisors LP now owns 6,061,962 shares of the technology infrastructure company’s stock worth $483,502,000 after buying an additional 281,526 shares in the last quarter. Nordea Investment Management AB increased its holdings in shares of Akamai Technologies by 39.9% in 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 buying an additional 980,966 shares during the last quarter. Norges Bank bought a new position in shares of Akamai Technologies in the 2nd quarter worth $266,817,000. Finally, Legal & General Group Plc raised its position in shares of Akamai Technologies by 3.5% during 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 buying an additional 94,012 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Mani Sundaram sold 1,722 shares of Akamai Technologies stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $98.58, for a total value of $169,754.76. Following the sale, the executive vice president directly owned 21,647 shares in the company, 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 Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jon Miller sold 11,000 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $102.67, for a total value of $1,129,370.00. Following the completion of the sale, the director directly owned 22,806 shares of the company’s stock, valued at $2,341,492.02. The trade was a 32.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 60,834 shares of company stock worth $5,982,684. Insiders own 2.00% of the company’s stock.

Akamai Technologies Trading Up 2.3%

Shares of AKAM opened at $104.50 on Wednesday. The stock has a market capitalization of $15.15 billion, a P/E ratio of 33.93, a PEG ratio of 3.44 and a beta of 0.72. Akamai Technologies, Inc. has a twelve month low of $67.51 and a twelve month high of $113.50. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.82. The firm has a fifty day simple moving average of $96.59 and a two-hundred day simple moving average of $86.39.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.09. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. During the same quarter in the previous year, the company earned $1.66 earnings per share. The company’s revenue for the quarter 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, research analysts anticipate that Akamai Technologies, Inc. will post 4.6 EPS for the current year.

Wall Street Analysts Forecast Growth

AKAM has been the subject of a number of recent research reports. Citigroup boosted their target price on Akamai Technologies from $103.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Robert W. Baird boosted their price target on shares of Akamai Technologies from $90.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. UBS Group upped their price target on shares of Akamai Technologies from $90.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. DA Davidson raised their price objective on Akamai Technologies from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Finally, Oppenheimer lifted their price objective on Akamai Technologies from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Ten research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price 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.