Dimensional Fund Advisors LP Grows Stock Holdings in Akamai Technologies, Inc. $AKAM

Dimensional Fund Advisors LP boosted its stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 35.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,331,333 shares of the technology infrastructure company’s stock after buying an additional 612,071 shares during the period. Dimensional Fund Advisors LP owned approximately 1.63% of Akamai Technologies worth $176,626,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in AKAM. Whittier Trust Co. of Nevada Inc. raised its position 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 worth $26,000 after purchasing an additional 251 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in Akamai Technologies by 130.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 195 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in Akamai Technologies by 566.7% in the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 289 shares during the last quarter. Wolff Wiese Magana LLC lifted its stake in shares of Akamai Technologies by 497.0% in the third 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 in the last quarter. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of Akamai Technologies during the third quarter valued at approximately $30,000. 94.28% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AKAM. HSBC boosted their price objective on shares of Akamai Technologies from $130.00 to $134.00 in a report on Monday, November 10th. Scotiabank upped their price target on Akamai Technologies from $105.00 to $120.00 and gave the company a “sector outperform” rating in a report on Friday, February 20th. UBS Group increased their price objective on Akamai Technologies from $90.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Royal Bank Of Canada lifted their price objective on Akamai Technologies from $90.00 to $100.00 and gave the stock a “sector perform” rating in a report on Friday, February 20th. Finally, Evercore boosted their target price on Akamai Technologies from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Akamai Technologies currently has a consensus rating of “Hold” and a consensus price target of $108.84.

Insider Buying and Selling

In related news, CFO Edward J. Mcgowan sold 6,560 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $88.03, for a total transaction of $577,476.80. Following the completion of the sale, the chief financial officer owned 16,442 shares of the company’s stock, valued at $1,447,389.26. This represents a 28.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mani Sundaram sold 8,642 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $101.25, for a total transaction of $875,002.50. Following the sale, the executive vice president owned 19,923 shares in the company, valued at approximately $2,017,203.75. This trade represents a 30.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 60,834 shares of company stock worth $5,982,684. Company insiders own 2.00% of the company’s stock.

Akamai Technologies Price Performance

Shares of NASDAQ AKAM opened at $102.11 on Tuesday. 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 company has a market capitalization of $14.81 billion, a price-to-earnings ratio of 33.15, a price-to-earnings-growth ratio of 3.37 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 business has a 50 day simple moving average of $96.26 and a 200-day simple moving average of $86.20.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 13.86% and a net margin of 10.74%.The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. 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. As a group, equities research analysts expect that Akamai Technologies, Inc. will post 4.6 earnings per share for the current year.

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.