Knights of Columbus Asset Advisors LLC Makes New $392,000 Investment in Akamai Technologies, Inc. $AKAM

Knights of Columbus Asset Advisors LLC purchased a new position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,498 shares of the technology infrastructure company’s stock, valued at approximately $392,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AKAM. TD Waterhouse Canada Inc. raised its position in shares of Akamai Technologies by 130.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 195 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of Akamai Technologies by 566.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 289 shares in the last quarter. JFS Wealth Advisors LLC raised 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 buying an additional 263 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of Akamai Technologies during the 3rd quarter worth about $30,000. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of Akamai Technologies during the 2nd quarter worth about $32,000. 94.28% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Jon Miller sold 11,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $102.67, for a total transaction of $1,129,370.00. Following the sale, the director owned 22,806 shares in the company, valued at $2,341,492.02. The trade was a 32.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Anthony P. Williams sold 15,000 shares of the business’s stock in a transaction that occurred 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 owned 22,064 shares in the company, valued at $2,301,054.56. This represents a 40.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 42,681 shares of company stock worth $4,382,493 over the last three months. 2.30% of the stock is owned by insiders.

Akamai Technologies Stock Up 4.5%

AKAM stock opened at $149.54 on Friday. Akamai Technologies, Inc. has a 52-week low of $69.78 and a 52-week high of $165.45. The company’s 50 day simple moving average is $120.06 and its 200-day simple moving average is $102.96. 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 has a market capitalization of $21.74 billion, a P/E ratio of 50.35, a P/E/G ratio of 4.48 and a beta of 0.45.

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. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the business earned $1.70 earnings per share. The firm’s revenue was up 5.8% compared to the same quarter last year. 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. As a group, equities research analysts anticipate that Akamai Technologies, Inc. will post 3.93 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently commented on AKAM shares. KeyCorp boosted their target price 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. Craig Hallum upgraded shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 target price on the stock in a report on Friday, May 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a report on Friday, March 27th. DA Davidson boosted their target price on shares of Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Finally, Scotiabank boosted their target price on shares of Akamai Technologies from $120.00 to $180.00 and gave the stock a “sector outperform” rating in a report on Friday, May 8th. Twelve equities 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, the stock currently has a consensus rating of “Hold” and an average 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.