Akamai Technologies, Inc. $AKAM Position Lessened by APG Asset Management N.V.

APG Asset Management N.V. reduced its stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 60.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,800 shares of the technology infrastructure company’s stock after selling 130,696 shares during the period. APG Asset Management N.V. owned 0.06% of Akamai Technologies worth $6,349,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its holdings in Akamai Technologies by 101.4% in the 4th quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company’s stock valued at $384,000 after buying an additional 2,022 shares during the period. Jones Financial Companies Lllp grew its position in shares of Akamai Technologies by 35.2% during the 1st quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock worth $88,000 after buying an additional 283 shares during the period. United Services Automobile Association bought a new stake in Akamai Technologies in the first quarter valued at about $266,000. Empowered Funds LLC boosted its stake in Akamai Technologies by 73.0% during the 1st quarter. Empowered Funds LLC now owns 7,134 shares of the technology infrastructure company’s stock worth $574,000 after acquiring an additional 3,010 shares during the last quarter. Finally, AlphaQuest LLC grew its holdings in shares of Akamai Technologies by 333.8% in the 2nd quarter. AlphaQuest LLC now owns 2,282 shares of the technology infrastructure company’s stock valued at $182,000 after buying an additional 1,756 shares during the period. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Akamai Technologies Price Performance

AKAM stock opened at $102.08 on Wednesday. The stock has a market cap of $14.79 billion, a price-to-earnings ratio of 33.14, a P/E/G ratio of 3.29 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. The company has a 50 day simple moving average of $95.22 and a 200 day simple moving average of $85.48. Akamai Technologies, Inc. has a 1 year low of $67.51 and a 1 year high of $113.50.

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, topping analysts’ consensus estimates 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%. Akamai Technologies’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Research analysts anticipate that Akamai Technologies, Inc. will post 4.6 EPS for the current fiscal year.

Analyst Ratings Changes

AKAM has been the subject of a number of analyst reports. Royal Bank Of Canada raised their target price on shares of Akamai Technologies from $90.00 to $100.00 and gave the company a “sector perform” rating in a research report on Friday, February 20th. Robert W. Baird upped their price target on shares of Akamai Technologies from $90.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Scotiabank boosted their price objective on shares of Akamai Technologies from $105.00 to $120.00 and gave the stock a “sector outperform” rating in a research note on Friday, February 20th. Morgan Stanley lifted their price target on Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Finally, UBS Group boosted their price target on Akamai Technologies from $90.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. 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. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $108.84.

Insider Buying and Selling

In other Akamai Technologies news, COO Adam Karon sold 3,320 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $87.30, for a total value of $289,836.00. Following the transaction, the chief operating officer directly owned 7,785 shares of the company’s stock, valued at approximately $679,630.50. The trade was a 29.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Paul C. Joseph sold 5,000 shares of Akamai Technologies stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $90.17, for a total transaction of $450,850.00. Following the completion of the sale, the executive vice president directly owned 17,513 shares of the company’s stock, valued at approximately $1,579,147.21. This trade represents a 22.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 33,153 shares of company stock worth $3,164,541. Corporate insiders own 2.00% of the company’s stock.

About Akamai Technologies

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.