Needham Investment Management LLC Acquires 4,000 Shares of Akamai Technologies, Inc. $AKAM

Needham Investment Management LLC raised its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 156,500 shares of the technology infrastructure company’s stock after buying an additional 4,000 shares during the quarter. Needham Investment Management LLC owned 0.11% of Akamai Technologies worth $13,655,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Personalized Indexing Management LLC increased its holdings in Akamai Technologies by 12.6% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 19,447 shares of the technology infrastructure company’s stock valued at $1,697,000 after buying an additional 2,173 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in Akamai Technologies by 32.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 855,018 shares of the technology infrastructure company’s stock valued at $74,600,000 after buying an additional 211,398 shares during the period. Atlas Capital Advisors Inc. bought a new stake in Akamai Technologies in the 4th quarter valued at $151,000. Rubric Capital Management LP bought a new stake in Akamai Technologies in the 4th quarter valued at $104,700,000. Finally, Commerce Bank increased its holdings in Akamai Technologies by 1.8% in the 4th quarter. Commerce Bank now owns 14,747 shares of the technology infrastructure company’s stock valued at $1,287,000 after buying an additional 257 shares during the period. Institutional investors own 94.28% of the company’s stock.

Analyst Upgrades and Downgrades

AKAM has been the topic of several analyst reports. Robert W. Baird reissued a “neutral” rating and issued a $110.00 price target on shares of Akamai Technologies in a report on Thursday, April 2nd. Oppenheimer increased their target price on shares of Akamai Technologies from $115.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. HSBC lifted their price target on shares of Akamai Technologies from $134.00 to $171.00 in a report on Monday, May 11th. Morgan Stanley upped their price objective on shares of Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Akamai Technologies from $72.00 to $100.00 in a report on Friday, May 8th. Twelve research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Akamai Technologies presently has a consensus rating of “Hold” and a consensus price target of $145.29.

Akamai Technologies Stock Performance

NASDAQ AKAM opened at $134.20 on Tuesday. The firm has a market cap of $19.51 billion, a price-to-earnings ratio of 45.19, a PEG ratio of 4.17 and a beta of 0.59. The company has a 50 day moving average of $126.76 and a 200-day moving average of $107.43. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.84. Akamai Technologies, Inc. has a 1-year low of $69.78 and a 1-year high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, hitting the consensus estimate of $1.61. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.07 billion. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The company’s revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the business posted $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. On average, equities analysts forecast that Akamai Technologies, Inc. will post 3.93 earnings per share for the current fiscal year.

Insider Transactions at Akamai Technologies

In related news, EVP Kim Salem-Jackson sold 2,300 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total transaction of $311,811.00. Following the transaction, the executive vice president owned 59,210 shares in the company, valued at $8,027,099.70. This represents a 3.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is currently owned by company insiders.

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.