Swiss Life Asset Management Ltd Grows Stock Holdings in Akamai Technologies, Inc. $AKAM

Swiss Life Asset Management Ltd grew its position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 15.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,077 shares of the technology infrastructure company’s stock after purchasing an additional 5,689 shares during the period. Swiss Life Asset Management Ltd’s holdings in Akamai Technologies were worth $3,264,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Rakuten Investment Management Inc. purchased a new stake in Akamai Technologies in the third quarter worth approximately $5,323,000. Fox Run Management L.L.C. grew its position in Akamai Technologies by 467.7% during the third quarter. Fox Run Management L.L.C. now owns 19,144 shares of the technology infrastructure company’s stock valued at $1,450,000 after acquiring an additional 15,772 shares during the last quarter. Norges Bank purchased a new position in shares of Akamai Technologies during the second quarter worth approximately $266,817,000. National Pension Service raised its stake in shares of Akamai Technologies by 48.5% during the third quarter. National Pension Service now owns 68,111 shares of the technology infrastructure company’s stock worth $5,160,000 after acquiring an additional 22,242 shares in the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in shares of Akamai Technologies by 42.4% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 251,322 shares of the technology infrastructure company’s stock worth $19,040,000 after acquiring an additional 74,791 shares during the last quarter. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Akamai Technologies Stock Down 0.2%

Shares of Akamai Technologies stock opened at $109.74 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36. Akamai Technologies, Inc. has a 52-week low of $67.51 and a 52-week high of $113.50. The stock has a market capitalization of $15.91 billion, a price-to-earnings ratio of 35.63, a P/E/G ratio of 3.72 and a beta of 0.72. The company’s 50 day moving average price is $99.85 and its 200-day moving average price is $88.05.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.09. The company had revenue of $1.09 billion during 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%. The firm’s revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business posted $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. Equities research analysts forecast that Akamai Technologies, Inc. will post 4.6 EPS for the current year.

Insider Activity

In related news, Director Jon Miller sold 11,000 shares of the business’s 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 in the company, valued at $2,341,492.02. The trade was a 32.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Paul C. Joseph sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $90.17, for a total value of $450,850.00. Following the transaction, the executive vice president directly owned 17,513 shares of the company’s stock, valued at $1,579,147.21. The trade was a 22.21% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 69,274 shares of company stock valued at $6,969,557. 2.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Raymond James Financial set a $120.00 price objective on shares of Akamai Technologies in a research note on Thursday, March 12th. Evercore lifted their target price on shares of Akamai Technologies from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. TD Cowen lowered their price target on shares of Akamai Technologies from $104.00 to $100.00 and set a “hold” rating for the company in a research note on Friday, February 20th. Susquehanna upped their price target 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. Finally, Jefferies Financial Group cut Akamai Technologies to an “underperform” rating in a research note on Monday, December 15th. Ten equities 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 stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $109.89.

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.