Key Points
- Mani Sundaram, Akamai's EVP, sold 3,186 shares on March 5 at an average of $101.90 (and had sold 8,642 shares on March 4), reducing his stake by 13.79% to 19,923 shares valued at about $2.03M.
- Akamai beat Q4 estimates, reporting $1.84 EPS versus $1.75 expected and $1.09B revenue (up 7.4% YoY), and issued FY2026 guidance of $6.20–$7.20 EPS with Q1 2026 guidance of $1.50–$1.67.
- Shares traded down ~1.5% to $99.47, the company has a market cap of $14.41B and a P/E of 32.3, and analysts hold a consensus "Hold" rating with an average price target of $108.84 while institutions own ~94.3% of the stock.
Akamai Technologies, Inc. (NASDAQ:AKAM - Get Free Report) EVP Mani Sundaram sold 3,186 shares of the company's stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $101.90, for a total value of $324,653.40. Following the completion of the sale, the executive vice president directly owned 19,923 shares of the company's stock, valued at approximately $2,030,153.70. This trade represents a 13.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Mani Sundaram also recently made the following trade(s):
- On Wednesday, March 4th, Mani Sundaram sold 8,642 shares of Akamai Technologies stock. The shares were sold at an average price of $101.25, for a total transaction of $875,002.50.
Akamai Technologies Trading Down 1.5%
AKAM traded down $1.53 during mid-day trading on Friday, hitting $99.47. The stock had a trading volume of 903,429 shares, compared to its average volume of 4,198,821. The stock's fifty day simple moving average is $95.75 and its 200-day simple moving average is $85.71. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.36 and a quick ratio of 2.36. The firm has a market capitalization of $14.41 billion, a price-to-earnings ratio of 32.30, a price-to-earnings-growth ratio of 3.47 and a beta of 0.72. Akamai Technologies, Inc. has a 1-year low of $67.51 and a 1-year high of $113.50.
Akamai Technologies (NASDAQ:AKAM - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, beating analysts' consensus estimates of $1.75 by $0.09. The business had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.08 billion. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The firm's quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.66 EPS. 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, research analysts forecast that Akamai Technologies, Inc. will post 4.6 EPS for the current fiscal year.
Hedge Funds Weigh In On Akamai Technologies
Large investors have recently modified their holdings of the business. Rehmann Capital Advisory Group acquired a new stake in shares of Akamai Technologies in the fourth quarter valued at about $253,000. Employees Provident Fund Board bought a new position in Akamai Technologies in the fourth quarter valued at approximately $9,118,000. Reflection Asset Management acquired a new position in shares of Akamai Technologies during the 4th quarter worth approximately $225,000. Pacer Advisors Inc. raised its stake in shares of Akamai Technologies by 33.4% during the 4th quarter. Pacer Advisors Inc. now owns 26,643 shares of the technology infrastructure company's stock worth $2,325,000 after purchasing an additional 6,671 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in shares of Akamai Technologies by 6.2% in the 4th quarter. Corient Private Wealth LLC now owns 27,630 shares of the technology infrastructure company's stock valued at $2,406,000 after buying an additional 1,601 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
AKAM has been the topic of a number of research reports. Wall Street Zen lowered shares of Akamai Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. Susquehanna raised their price objective on shares of Akamai Technologies from $105.00 to $120.00 and gave the stock a "positive" rating in a report on Friday, February 20th. TD Cowen reduced their target price 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. Oppenheimer lifted their price target on Akamai Technologies from $100.00 to $115.00 and gave the company an "outperform" rating in a research note on Thursday, February 5th. Finally, Robert W. Baird upped their price objective on Akamai Technologies from $90.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, February 20th. Ten research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, Akamai Technologies presently has a consensus rating of "Hold" and an average price target of $108.84.
View Our Latest Report on Akamai Technologies
Akamai Technologies Company Profile
(
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.
Further Reading
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