Dimensional Fund Advisors LP grew its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report) by 11.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,464,793 shares of the technology infrastructure company’s stock after buying an additional 349,451 shares during the period. Dimensional Fund Advisors LP’s holdings in Akamai Technologies were worth $397,881,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of AKAM. JFS Wealth Advisors LLC boosted its holdings in shares of 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 acquiring an additional 263 shares during the period. Sarver Vrooman Wealth Advisors acquired a new stake in shares of Akamai Technologies during the 4th quarter worth $31,000. Root Financial Partners LLC increased its holdings in Akamai Technologies by 45.8% in the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after buying an additional 110 shares during the period. CYBER HORNET ETFs LLC acquired a new position in Akamai Technologies during the second quarter valued at approximately $32,000. Finally, WealthCollab LLC raised its holdings in shares of Akamai Technologies by 154.2% during the 4th quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock worth $34,000 after buying an additional 239 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.
Insider Activity
In related news, CTO Robert Blumofe sold 243 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total value of $31,446.63. Following the completion of the transaction, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at approximately $4,012,486.46. This trade represents a 0.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $311,811.00. Following the completion of the transaction, the executive vice president owned 59,210 shares of the company’s stock, valued at $8,027,099.70. This represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on AKAM
Akamai Technologies Price Performance
Shares of NASDAQ AKAM opened at $124.91 on Wednesday. The company has a market capitalization of $18.16 billion, a PE ratio of 42.06, a PEG ratio of 3.86 and a beta of 0.63. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.84. The stock’s 50 day moving average price is $133.14 and its 200-day moving average price is $113.47. Akamai Technologies, Inc. has a twelve month low of $69.78 and a twelve month high of $165.45.
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last released its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, hitting analysts’ consensus estimates of $1.61. The company had revenue of $1.07 billion for 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%.The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the previous year, the business posted $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. On average, equities analysts anticipate that Akamai Technologies, Inc. will post 3.92 EPS for the current 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.
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