Key Points
- CAO Laura Howell sold 11,273 shares on Feb. 25 at an average price of $100.14 for about $1.13 million, leaving her with 12,559 shares and reducing her position by 47.3%.
- Akamai beat estimates for the quarter (EPS $1.84 vs. $1.75; revenue $1.09B vs. $1.08B) and issued FY2026 guidance of $6.20–$7.20 EPS and Q1 guidance of $1.50–$1.67.
- The stock traded around $99.42 (down 0.6%), is ~94% institutionally owned, and carries a consensus MarketBeat rating of "Hold" with a mean price target of $108.84 amid some analysts raising targets.
Akamai Technologies, Inc. (NASDAQ:AKAM - Get Free Report) CAO Laura Howell sold 11,273 shares of the firm's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $100.14, for a total transaction of $1,128,878.22. Following the sale, the chief accounting officer directly owned 12,559 shares of the company's stock, valued at $1,257,658.26. The trade was a 47.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Akamai Technologies Stock Down 0.6%
AKAM traded down $0.62 during trading on Thursday, hitting $99.42. The company had a trading volume of 687,677 shares, compared to its average volume of 4,240,604. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.36 and a quick ratio of 2.28. Akamai Technologies, Inc. has a 1-year low of $67.51 and a 1-year high of $113.50. The business has a 50-day moving average of $94.40 and a 200-day moving average of $84.66. The company has a market cap of $14.41 billion, a PE ratio of 32.52, a P/E/G ratio of 3.34 and a beta of 0.70.
Akamai Technologies (NASDAQ:AKAM - Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, topping analysts' consensus estimates of $1.75 by $0.09. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The company's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the firm earned $1.66 earnings per share. 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. As a group, analysts forecast that Akamai Technologies, Inc. will post 4.6 earnings per share for the current year.
Institutional Trading of Akamai Technologies
A number of institutional investors have recently made changes to their positions in the stock. Alberta Investment Management Corp purchased a new stake in shares of Akamai Technologies in the 2nd quarter valued at approximately $822,000. Rakuten Investment Management Inc. acquired a new stake in shares of Akamai Technologies during the third quarter worth approximately $5,323,000. Norges Bank purchased a new position in Akamai Technologies during the second quarter valued at approximately $266,817,000. National Pension Service grew its position in Akamai Technologies by 48.5% during the third quarter. National Pension Service now owns 68,111 shares of the technology infrastructure company's stock valued at $5,160,000 after purchasing an additional 22,242 shares in the last quarter. Finally, Nordea Investment Management AB increased its stake in Akamai Technologies by 39.9% in the 3rd quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company's stock valued at $258,739,000 after buying an additional 980,966 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
AKAM has been the topic of several research reports. Raymond James Financial increased their price objective on shares of Akamai Technologies from $90.00 to $100.00 and gave the stock an "outperform" rating in a research note on Monday. Evercore increased their price target on Akamai Technologies from $105.00 to $115.00 and gave the stock an "outperform" rating in a research report on Friday, February 20th. Morgan Stanley boosted their price objective on Akamai Technologies from $115.00 to $120.00 and gave the company an "overweight" rating in a research report on Friday, February 20th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Akamai Technologies in a research report on Monday, December 29th. Finally, Jefferies Financial Group cut Akamai Technologies to an "underperform" rating in a research note on Monday, December 15th. Ten analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $108.84.
Read Our Latest Research Report on AKAM
About Akamai Technologies
(
Get Free Report)
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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