Akamai Technologies (NASDAQ:AKAM) EVP Sells $1,564,350.00 in Stock

Key Points

  • EVP Anthony Williams sold 15,000 shares on March 11 at an average price of $104.29 for $1,564,350, cutting his stake by 40.47% to 22,064 shares (worth ~ $2.30M).
  • Akamai beat quarterly expectations, reporting $1.84 EPS vs. $1.75 expected and $1.09B revenue, and issued FY2026 guidance of $6.20–$7.20 EPS (Q1 guidance $1.50–$1.67); analysts’ consensus remains a "Hold" with a $108.84 target.

Akamai Technologies, Inc. (NASDAQ:AKAM - Get Free Report) EVP Anthony Williams sold 15,000 shares of the firm's stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the transaction, the executive vice president directly owned 22,064 shares of the company's stock, valued at approximately $2,301,054.56. This trade represents a 40.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Akamai Technologies Price Performance

NASDAQ:AKAM opened at $106.47 on Thursday. The firm's fifty day moving average is $96.97 and its two-hundred day moving average is $86.53. The firm has a market cap of $15.44 billion, a price-to-earnings ratio of 34.57, a PEG ratio of 3.53 and a beta of 0.72. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36. Akamai Technologies, Inc. has a one year low of $67.51 and a one 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 earnings per share 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 analyst estimates 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 was up 7.4% on a year-over-year basis. During the same quarter last year, the business posted $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. Research analysts expect that Akamai Technologies, Inc. will post 4.6 EPS for the current year.

Institutional Trading of Akamai Technologies




Institutional investors have recently bought and sold shares of the business. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Akamai Technologies by 295.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company's stock valued at $26,000 after buying an additional 251 shares in the last quarter. TD Waterhouse Canada Inc. increased its holdings 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 worth $26,000 after acquiring an additional 195 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings 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 worth $26,000 after acquiring an additional 289 shares in the last quarter. JFS Wealth Advisors LLC raised its position in Akamai Technologies by 626.2% during the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company's stock worth $27,000 after acquiring an additional 263 shares during the period. Finally, Wolff Wiese Magana LLC lifted its holdings in Akamai Technologies by 497.0% during the third quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company's stock valued at $30,000 after purchasing an additional 333 shares in the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AKAM has been the subject of a number of analyst reports. Jefferies Financial Group downgraded Akamai Technologies to an "underperform" rating in a report on Monday, December 15th. Piper Sandler raised their price objective on shares of Akamai Technologies from $89.00 to $97.00 and gave the stock a "neutral" rating in a research note on Monday, February 23rd. Citigroup lifted their target price on shares of Akamai Technologies from $103.00 to $110.00 and gave the company a "neutral" rating in a report on Friday, February 20th. Weiss Ratings reissued a "hold (c)" rating on shares of Akamai Technologies in a report on Monday, December 29th. Finally, Susquehanna raised their price target on shares of Akamai Technologies from $105.00 to $120.00 and gave the company a "positive" rating in a research report on Friday, February 20th. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Akamai Technologies currently has an average rating of "Hold" and a consensus target price of $108.84.

Read Our Latest Stock 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.

Featured Articles

Insider Buying and Selling by Quarter for Akamai Technologies (NASDAQ:AKAM)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Akamai Technologies?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Akamai Technologies and related companies.
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles