Diversified Trust Co. Buys 9,427 Shares of Akamai Technologies, Inc. $AKAM

Diversified Trust Co. boosted its stake in Akamai Technologies, Inc. (NASDAQ:AKAM) by 81.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,995 shares of the technology infrastructure company’s stock after buying an additional 9,427 shares during the period. Diversified Trust Co.’s holdings in Akamai Technologies were worth $1,832,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of 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 acquiring an additional 251 shares in the last quarter. TD Waterhouse Canada Inc. boosted its position in shares of Akamai Technologies by 130.0% during the third 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 boosted its position in shares of Akamai Technologies by 566.7% during the third 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 in the last quarter. Wolff Wiese Magana LLC grew its stake in 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 purchasing an additional 333 shares during the period. Finally, Atlantic Union Bankshares Corp purchased a new stake in Akamai Technologies in the third quarter worth $30,000. 94.28% of the stock is owned by institutional investors.

Insider Activity at Akamai Technologies

In related news, EVP Anthony P. Williams sold 15,000 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the sale, the executive vice president directly owned 22,064 shares of the company’s stock, valued at approximately $2,301,054.56. This represents a 40.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jon Miller sold 11,000 shares of Akamai Technologies 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 completion of the transaction, the director directly owned 22,806 shares of the company’s stock, valued at $2,341,492.02. This trade represents a 32.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 69,274 shares of company stock worth $6,969,557 in the last ninety days. 2.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

AKAM has been the subject of a number of research reports. Susquehanna increased their price objective on Akamai Technologies from $105.00 to $120.00 and gave the stock a “positive” rating in a report on Friday, February 20th. Royal Bank Of Canada upped their target price on shares of Akamai Technologies from $90.00 to $100.00 and gave the stock a “sector perform” rating in a research 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. Craig Hallum lifted their price target on shares of Akamai Technologies from $90.00 to $100.00 and gave the company a “hold” rating in a research report on Friday, February 20th. Finally, TD Cowen dropped their price objective on shares of Akamai Technologies from $104.00 to $100.00 and set a “hold” rating on the stock in a research note on Friday, February 20th. Ten 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’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $109.89.

Akamai Technologies Stock Up 4.1%

Shares of NASDAQ:AKAM opened at $119.15 on Thursday. The stock has a fifty day simple moving average of $101.39 and a two-hundred day simple moving average of $88.78. The stock has a market capitalization of $17.28 billion, a price-to-earnings ratio of 38.69, a PEG ratio of 3.86 and a beta of 0.72. Akamai Technologies, Inc. has a 12-month low of $67.51 and a 12-month high of $120.59. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 0.82.

Akamai Technologies (NASDAQ:AKAM) last released 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. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the prior year, the firm posted $1.66 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. 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 anticipate that Akamai Technologies, Inc. will post 4.6 earnings per share for the current fiscal year.

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.