North Star Asset Management Inc. Has $8.06 Million Stock Holdings in Akamai Technologies, Inc. $AKAM

North Star Asset Management Inc. lessened its stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 7.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,362 shares of the technology infrastructure company’s stock after selling 7,245 shares during the period. North Star Asset Management Inc.’s holdings in Akamai Technologies were worth $8,059,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AKAM. Whittier Trust Co. of Nevada Inc. grew its holdings in Akamai Technologies by 295.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 251 shares during the last quarter. TD Waterhouse Canada Inc. grew its holdings in 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 during the last quarter. Smartleaf Asset Management LLC grew its holdings in 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 during the last quarter. JFS Wealth Advisors LLC boosted its position in shares of Akamai Technologies by 626.2% in the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after acquiring an additional 263 shares during the period. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of Akamai Technologies in the third quarter valued at approximately $30,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group increased their price objective on Akamai Technologies from $76.00 to $87.00 and gave the company a “sell” rating in a research report on Friday, May 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Akamai Technologies in a research report on Friday, March 27th. Wall Street Zen cut Akamai Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Robert W. Baird reissued a “neutral” rating and issued a $110.00 price objective on shares of Akamai Technologies in a research report on Thursday, April 2nd. Finally, Piper Sandler reissued a “neutral” rating and issued a $156.00 price objective (up from $114.00) on shares of Akamai Technologies in a research report on Friday, May 8th. Twelve equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Akamai Technologies has a consensus rating of “Hold” and a consensus target price of $145.29.

Insider Transactions at Akamai Technologies

In related news, EVP Anthony P. Williams sold 15,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $104.29, for a total value of $1,564,350.00. Following the completion of the transaction, the executive vice president directly owned 22,064 shares of the company’s stock, valued at $2,301,054.56. This trade represents a 40.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Madhu Ranganathan sold 3,131 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $102.00, for a total value of $319,362.00. Following the completion of the transaction, the director directly owned 9,160 shares of the company’s stock, valued at approximately $934,320. This trade represents a 25.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 53,954 shares of company stock valued at $5,511,371 over the last 90 days. Corporate insiders own 2.30% of the company’s stock.

Akamai Technologies Stock Up 0.7%

Shares of AKAM stock opened at $147.23 on Friday. The stock has a market cap of $21.41 billion, a P/E ratio of 49.57, a price-to-earnings-growth ratio of 4.60 and a beta of 0.45. Akamai Technologies, Inc. has a one year low of $69.78 and a one year high of $165.45. The stock has a fifty day moving average price of $116.07 and a 200 day moving average price of $100.47. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.06.

Akamai Technologies (NASDAQ:AKAM) last issued its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, hitting the consensus estimate of $1.61. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.Akamai Technologies’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last year, the business earned $1.70 earnings per share. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. Analysts predict that Akamai Technologies, Inc. will post 3.93 earnings per share for the current year.

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.