Akamai Technologies, Inc. $AKAM Shares Sold by Leonteq Securities AG

Leonteq Securities AG lessened its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM) by 71.5% during the first quarter, Holdings Channel.com reports. The firm owned 3,474 shares of the technology infrastructure company’s stock after selling 8,701 shares during the quarter. Leonteq Securities AG’s holdings in Akamai Technologies were worth $399,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JFS Wealth Advisors LLC boosted its position in shares of Akamai Technologies by 626.2% during the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after purchasing an additional 263 shares in the last quarter. Sarver Vrooman Wealth Advisors acquired a new stake in shares of Akamai Technologies in the fourth quarter valued at about $31,000. Root Financial Partners LLC boosted its holdings in Akamai Technologies by 45.8% during the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock worth $31,000 after buying an additional 110 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Akamai Technologies during the second quarter worth about $32,000. Finally, WealthCollab LLC grew its position in Akamai Technologies by 154.2% during the fourth quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock worth $34,000 after buying an additional 239 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AKAM. Zacks Research downgraded shares of Akamai Technologies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. Oppenheimer upped their target price on Akamai Technologies from $115.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. The Goldman Sachs Group raised their price target 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 reaffirmed a “hold (c)” rating on shares of Akamai Technologies in a research note on Wednesday, June 24th. Finally, Craig Hallum raised shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a research note on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $145.29.

Insider Activity

In related news, EVP Kim Salem-Jackson sold 2,300 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $8,027,099.70. This represents a 3.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total transaction of $31,446.63. Following the completion of the sale, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at $4,012,486.46. The trade was a 0.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is owned by company insiders.

Akamai Technologies Stock Performance

Akamai Technologies stock opened at $113.17 on Monday. Akamai Technologies, Inc. has a fifty-two week low of $69.78 and a fifty-two week high of $165.45. The company has a market capitalization of $16.45 billion, a price-to-earnings ratio of 38.10, a PEG ratio of 3.54 and a beta of 0.63. The stock has a fifty day moving average of $131.63 and a two-hundred day moving average of $110.61. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06.

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

Akamai Technologies 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.