DLD Asset Management LP Has $1.14 Billion Holdings in Akamai Technologies, Inc. $AKAM

DLD Asset Management LP lessened its stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 62.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,000,000 shares of the technology infrastructure company’s stock after selling 25,000,000 shares during the period. Akamai Technologies accounts for about 6.1% of DLD Asset Management LP’s portfolio, making the stock its 6th largest position. DLD Asset Management LP owned approximately 10.43% of Akamai Technologies worth $1,136,400,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. grew its position in shares of 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 valued at $26,000 after acquiring an additional 251 shares during the period. TD Waterhouse Canada Inc. raised its position in shares of Akamai Technologies by 130.0% in the third 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 in the last quarter. Smartleaf Asset Management LLC raised its holdings 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 acquiring an additional 289 shares in the last quarter. Wolff Wiese Magana LLC increased its holdings in shares of Akamai Technologies by 497.0% in the 3rd quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock worth $30,000 after buying an additional 333 shares during the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new position in shares of Akamai Technologies in the 3rd quarter worth about $30,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Insider Transactions at Akamai Technologies

In related news, Director Jon Miller sold 11,000 shares of the 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 transaction, the director owned 22,806 shares of the company’s stock, valued at approximately $2,341,492.02. This represents a 32.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mani Sundaram sold 8,642 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $101.25, for a total transaction of $875,002.50. Following the completion of the transaction, the executive vice president directly owned 19,923 shares of the company’s stock, valued at $2,017,203.75. This represents a 30.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 59,112 shares of company stock valued at $5,812,929. Company insiders own 2.00% of the company’s stock.

Akamai Technologies Trading Down 1.1%

NASDAQ AKAM opened at $99.89 on Monday. Akamai Technologies, Inc. has a 12-month low of $67.51 and a 12-month high of $113.50. The company has a fifty day simple moving average of $95.98 and a two-hundred day simple moving average of $86.02. 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 stock has a market cap of $14.47 billion, a P/E ratio of 32.43, a P/E/G ratio of 3.37 and a beta of 0.72.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 13.86% and a net margin of 10.74%.The company’s quarterly 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 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, analysts forecast that Akamai Technologies, Inc. will post 4.6 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on AKAM shares. Robert W. Baird lifted their price objective on Akamai Technologies from $90.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. Citigroup increased their price target on shares of Akamai Technologies from $103.00 to $110.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Susquehanna increased their price objective on shares of Akamai Technologies from $105.00 to $120.00 and gave the company a “positive” rating in a research report on Friday, February 20th. Jefferies Financial Group cut Akamai Technologies to an “underperform” rating in a research report on Monday, December 15th. Finally, TD Cowen lowered their target price on shares of Akamai Technologies from $104.00 to $100.00 and set a “hold” rating on the stock in a report on Friday, February 20th. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $108.84.

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.