Exchange Traded Concepts LLC Decreases Holdings in Akamai Technologies, Inc. $AKAM

Exchange Traded Concepts LLC decreased its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM) by 25.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,872 shares of the technology infrastructure company’s stock after selling 15,651 shares during the period. Exchange Traded Concepts LLC’s holdings in Akamai Technologies were worth $3,915,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Akamai Technologies by 295.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 251 shares during the last quarter. TD Waterhouse Canada Inc. boosted its holdings in shares of Akamai Technologies by 130.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 195 shares during the period. Smartleaf Asset Management LLC increased its position in shares of Akamai Technologies by 566.7% during 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. JFS Wealth Advisors LLC increased its position in shares of Akamai Technologies by 626.2% during the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after purchasing an additional 263 shares during the last quarter. Finally, Wolff Wiese Magana LLC raised its holdings in Akamai Technologies by 497.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock valued at $30,000 after buying an additional 333 shares during the period. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Buying and Selling

In other Akamai Technologies news, EVP Anthony P. Williams sold 15,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the transaction, the executive vice president directly owned 22,064 shares in the company, valued at $2,301,054.56. This trade represents a 40.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Mani Sundaram sold 8,642 shares of Akamai Technologies stock in a transaction 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 directly owned 19,923 shares of the company’s stock, valued at approximately $2,017,203.75. This trade represents a 30.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 69,274 shares of company stock valued at $6,969,557 over the last 90 days. 2.00% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have commented on AKAM shares. Piper Sandler lifted their price objective 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. Susquehanna increased their target price on shares of Akamai Technologies from $105.00 to $120.00 and gave the company a “positive” rating in a research note on Friday, February 20th. Morgan Stanley raised their target price on shares of Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Raymond James Financial set a $120.00 price target on shares of Akamai Technologies in a research note on Thursday, March 12th. Finally, DA Davidson increased their price objective on shares of Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Ten analysts have rated the stock with a Buy rating, nine have given 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 price target of $109.89.

Akamai Technologies Trading Down 3.7%

Shares of AKAM opened at $110.22 on Tuesday. Akamai Technologies, Inc. has a 1-year low of $67.51 and a 1-year high of $121.12. The company has a 50-day moving average of $102.66 and a 200 day moving average of $89.61. The firm has a market capitalization of $15.98 billion, a price-to-earnings ratio of 35.79, a PEG ratio of 3.86 and a beta of 0.72. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.36 and a quick ratio of 2.36.

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

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.