Maytus Capital Management LLC Takes Position in Akamai Technologies, Inc. $AKAM

Maytus Capital Management LLC bought a new stake in Akamai Technologies, Inc. (NASDAQ:AKAM) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 15,000 shares of the technology infrastructure company’s stock, valued at approximately $1,309,000.

Several other institutional investors have also modified their holdings of the stock. Norges Bank acquired a new position in Akamai Technologies during the fourth quarter worth about $192,959,000. AQR Capital Management LLC boosted its position in Akamai Technologies by 522.8% during the third quarter. AQR Capital Management LLC now owns 2,020,346 shares of the technology infrastructure company’s stock worth $153,061,000 after acquiring an additional 1,695,937 shares during the last quarter. Alyeska Investment Group L.P. boosted its position in Akamai Technologies by 570.0% during the third quarter. Alyeska Investment Group L.P. now owns 1,634,040 shares of the technology infrastructure company’s stock worth $123,795,000 after acquiring an additional 1,390,167 shares during the last quarter. Rubric Capital Management LP acquired a new position in Akamai Technologies during the fourth quarter worth about $104,700,000. Finally, First Trust Advisors LP boosted its position in Akamai Technologies by 16.5% during the fourth quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock worth $589,112,000 after acquiring an additional 957,345 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Insider Buying and Selling at Akamai Technologies

In related news, EVP Kim Salem-Jackson sold 2,300 shares of Akamai Technologies stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total value of $311,811.00. Following the completion of the transaction, the executive vice president owned 59,210 shares in the company, valued at approximately $8,027,099.70. The trade was a 3.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.30% of the company’s stock.

Akamai Technologies Price Performance

Shares of AKAM stock opened at $132.31 on Wednesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.06. The firm’s 50-day moving average is $127.04 and its two-hundred day moving average is $107.74. Akamai Technologies, Inc. has a 12 month low of $69.78 and a 12 month high of $165.45. The company has a market capitalization of $19.24 billion, a PE ratio of 44.55, a price-to-earnings-growth ratio of 4.20 and a beta of 0.60.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.61. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The business’s revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.70 EPS. 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.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on AKAM shares. Craig Hallum upgraded shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a research report on Friday, May 8th. Zacks Research lowered shares of Akamai Technologies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. Oppenheimer boosted their price target 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. Royal Bank Of Canada boosted their price target on shares of Akamai Technologies from $100.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Friday, May 8th. Finally, Raymond James Financial boosted their price target on shares of Akamai Technologies from $140.00 to $170.00 in a research report on Monday, May 11th. Twelve equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Akamai Technologies has an average rating of “Hold” and a consensus target price of $145.29.

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.