Akamai Technologies (NASDAQ:AKAM) Sets New 1-Year High Following Analyst Upgrade

Akamai Technologies, Inc. (NASDAQ:AKAM) reached a new 52-week high on Thursday after DA Davidson raised their price target on the stock from $115.00 to $125.00. DA Davidson currently has a buy rating on the stock. Akamai Technologies traded as high as $105.71 and last traded at $104.9840, with a volume of 2147863 shares changing hands. The stock had previously closed at $94.80.

A number of other research analysts also recently issued reports on the company. Wall Street Zen downgraded Akamai Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. The Goldman Sachs Group raised their price objective on Akamai Technologies from $67.00 to $69.00 and gave the company a “sell” rating in a research report on Friday, November 7th. Bank of America decreased their price target on shares of Akamai Technologies from $100.00 to $80.00 and set a “neutral” rating for the company in a research report on Monday, October 20th. Royal Bank Of Canada lifted their price objective on shares of Akamai Technologies from $80.00 to $90.00 and gave the stock a “sector perform” rating in a research report on Monday, January 5th. Finally, HSBC raised their target price on shares of Akamai Technologies from $130.00 to $134.00 in a research note on Monday, November 10th. Seven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $97.50.

Insiders Place Their Bets

In other news, EVP Paul C. Joseph sold 5,000 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $90.17, for a total transaction of $450,850.00. Following the sale, the executive vice president directly owned 17,513 shares in the company, valued at $1,579,147.21. This trade represents a 22.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Robert Blumofe sold 3,500 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $108.00, for a total value of $378,000.00. Following the completion of the sale, the chief technology officer directly owned 14,574 shares in the company, valued at approximately $1,573,992. The trade was a 19.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 32,318 shares of company stock worth $2,967,254. 2.00% of the stock is currently owned by company insiders.

Trending Headlines about Akamai Technologies

Here are the key news stories impacting Akamai Technologies this week:

• Positive Sentiment: DA Davidson raised its price target to $125 and kept a “buy” rating, signaling analyst conviction and adding upside potential relative to the current price. DA Davidson Raises PT
• Positive Sentiment: Zacks highlighted Akamai as a big mover on higher-than-average volume and noted favorable earnings-estimate revision trends — a catalyst that often supports further near-term gains. Zacks: Strength Seen
• Positive Sentiment: Market commentary and retail-focused pieces pointed to a strong one-day move (articles note ~9–10% jumps), which can attract momentum investors and trigger additional buying. AAII: Why AKAM Is Up
• Positive Sentiment: Shares recently hit a 52-week high, a technical signal that can draw more attention from trend-following funds. Investing.com: 52-Week High
• Neutral Sentiment: Akamai is scheduled to report earnings soon; previews and estimate summaries are circulating — the report could amplify today’s move either way. Earnings Preview
• Neutral Sentiment: Public short-interest data in recent reports appears to show zeros/NaN (likely a reporting anomaly), so there’s no clear short-covering signal to explain the volume spike. (Watch official exchanges for corrected short-interest figures.)
• Negative Sentiment: CTO Robert Blumofe sold 3,500 shares at about $108, reducing his stake ~19%. Insider selling can be perceived negatively by some investors even when routine. SEC Form 4

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. JFS Wealth Advisors LLC lifted its position in Akamai Technologies by 626.2% during the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after buying an additional 263 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake 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 during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Akamai Technologies by 566.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after acquiring an additional 289 shares during the period. TD Waterhouse Canada Inc. raised its holdings in shares of Akamai Technologies by 130.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after acquiring an additional 195 shares during the period. Finally, Sarver Vrooman Wealth Advisors acquired a new position in shares of Akamai Technologies during the 4th quarter valued at about $31,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Akamai Technologies Price Performance

The stock has a market cap of $16.08 billion, a PE ratio of 32.77, a price-to-earnings-growth ratio of 3.22 and a beta of 0.70. The stock’s fifty day moving average is $91.57 and its 200-day moving average is $83.00. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.28 and a quick ratio of 2.28.

Akamai Technologies Company 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.