Akamai Technologies (NASDAQ:AKAM) EVP Anthony Williams Sells 15,000 Shares

Akamai Technologies, Inc. (NASDAQ:AKAM) EVP Anthony Williams sold 15,000 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the sale, the executive vice president directly owned 22,064 shares of the company’s stock, valued at $2,301,054.56. The trade was a 40.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Akamai Technologies Trading Up 1.9%

Akamai Technologies stock traded up $1.97 during trading hours on Wednesday, reaching $106.47. The stock had a trading volume of 4,593,258 shares, compared to its average volume of 4,194,437. The company has a fifty day simple moving average of $96.59 and a 200-day simple moving average of $86.39. Akamai Technologies, Inc. has a 52 week low of $67.51 and a 52 week high of $113.50. The stock has a market cap of $15.44 billion, a PE ratio of 34.57, a PEG ratio of 3.44 and a beta of 0.72. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.36 and a quick ratio of 2.36.

Akamai Technologies (NASDAQ:AKAM) last posted its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.75 by $0.09. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period in the prior year, the business posted $1.66 earnings per share. Akamai Technologies’s revenue for the quarter was up 7.4% on a year-over-year basis. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. Analysts forecast that Akamai Technologies, Inc. will post 4.6 EPS for the current fiscal year.

Institutional Trading of Akamai Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in AKAM. Rexford Capital Inc. raised its stake in Akamai Technologies by 1.9% during the fourth quarter. Rexford Capital Inc. now owns 5,106 shares of the technology infrastructure company’s stock valued at $445,000 after buying an additional 93 shares during the last quarter. Assetmark Inc. grew its stake in shares of Akamai Technologies by 31.8% in the fourth quarter. Assetmark Inc. now owns 444 shares of the technology infrastructure company’s stock worth $39,000 after acquiring an additional 107 shares during the last quarter. Root Financial Partners LLC increased its holdings in shares of Akamai Technologies by 45.8% during the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after acquiring an additional 110 shares in the last quarter. Perigon Wealth Management LLC boosted its stake in Akamai Technologies by 2.1% in the 4th quarter. Perigon Wealth Management LLC now owns 5,502 shares of the technology infrastructure company’s stock worth $480,000 after purchasing an additional 115 shares in the last quarter. Finally, Allworth Financial LP grew its position in Akamai Technologies by 6.3% during the 4th quarter. Allworth Financial LP now owns 2,196 shares of the technology infrastructure company’s stock valued at $192,000 after purchasing an additional 131 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AKAM. Citigroup boosted their target price on Akamai Technologies from $103.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Scotiabank boosted their price objective on shares of Akamai Technologies from $105.00 to $120.00 and gave the company a “sector outperform” rating in a research report on Friday, February 20th. Morgan Stanley upped their price objective on shares of Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. DA Davidson lifted their target price on shares of Akamai Technologies from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Finally, TD Cowen decreased their price target on shares of Akamai Technologies from $104.00 to $100.00 and set a “hold” rating for the company in a research note on Friday, February 20th. Ten research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $108.84.

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.