Representative Lisa C. McClain (R-Michigan) recently bought shares of Akamai Technologies, Inc. (NASDAQ:AKAM). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Akamai Technologies stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.
Akamai Technologies Stock Up 0.1%
Akamai Technologies stock traded up $0.09 during trading hours on Friday, hitting $89.54. The company had a trading volume of 1,350,948 shares, compared to its average volume of 2,442,045. The firm has a market capitalization of $12.88 billion, a P/E ratio of 31.75, a price-to-earnings-growth ratio of 3.49 and a beta of 0.72. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.31 and a quick ratio of 2.31. The firm’s fifty day moving average is $79.29 and its 200-day moving average is $78.11. Akamai Technologies, Inc. has a fifty-two week low of $67.51 and a fifty-two week high of $103.75.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the stock. Whittier Trust Co. of Nevada Inc. grew its holdings in Akamai Technologies by 295.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 251 shares during the last quarter. TD Waterhouse Canada Inc. grew its stake in Akamai Technologies by 130.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after buying an additional 195 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after buying an additional 289 shares during the last quarter. WPG Advisers LLC bought a new position in Akamai Technologies in the 1st quarter worth $27,000. Finally, Wolff Wiese Magana LLC lifted its position in Akamai Technologies by 497.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock worth $30,000 after acquiring an additional 333 shares during the last quarter. 94.28% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on AKAM. Morgan Stanley reduced their price objective on Akamai Technologies from $85.00 to $83.00 and set an “underweight” rating for the company in a research report on Friday, November 7th. TD Cowen lifted their price target on Akamai Technologies from $98.00 to $104.00 and gave the company a “hold” rating in a report on Thursday, November 13th. Raymond James Financial boosted their price target on Akamai Technologies from $84.00 to $90.00 and gave the company an “outperform” rating in a research note on Monday, November 10th. HSBC raised their price objective on shares of Akamai Technologies from $130.00 to $134.00 in a research report on Monday, November 10th. Finally, The Goldman Sachs Group lifted their target price on shares of Akamai Technologies from $67.00 to $69.00 and gave the company a “sell” rating in a research note on Friday, November 7th. Six research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, Akamai Technologies has an average rating of “Hold” and a consensus target price of $93.63.
Get Our Latest Stock Report on AKAM
Insider Transactions at Akamai Technologies
In related news, CTO Robert Blumofe sold 3,500 shares of the stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $86.00, for a total transaction of $301,000.00. Following the completion of the sale, the chief technology officer owned 24,410 shares in the company, valued at $2,099,260. This represents a 12.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Paul C. Joseph sold 5,000 shares of Akamai Technologies stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $76.65, for a total value of $383,250.00. Following the completion of the transaction, the executive vice president directly owned 27,349 shares in the company, valued at approximately $2,096,300.85. This represents a 15.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.00% of the stock is owned by corporate insiders.
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
Akamai Technologies Company Profile
Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.
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