Key Points
- Executive vice president Kim Salem-Jackson sold 2,013 Akamai shares for $257,664 at an average price of $128, reducing her direct ownership by 3.4% to 57,197 shares. The transaction occurred under a pre-arranged Rule 10b5-1 trading plan.
- Akamai reported quarterly EPS of $1.59, beating estimates by $0.02, while revenue rose 5.4% year over year to $1.10 billion. The company issued fiscal 2026 EPS guidance of $6.40 to $7.05.
- Analyst sentiment remains mixed: Akamai has a consensus “Hold” rating and a $147.62 average price target, while institutional investors own 94.28% of the stock.
Akamai Technologies, Inc. (NASDAQ:AKAM - Get Free Report) EVP Kim Salem-Jackson sold 2,013 shares of the company's stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $128.00, for a total value of $257,664.00. Following the transaction, the executive vice president directly owned 57,197 shares in the company, valued at $7,321,216. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Akamai Technologies Price Performance
Shares of NASDAQ AKAM opened at $108.99 on Tuesday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64. The company has a market cap of $15.66 billion, a PE ratio of 39.21, a P/E/G ratio of 5.28 and a beta of 0.63. The business has a 50-day simple moving average of $112.70 and a two-hundred day simple moving average of $118.87. Akamai Technologies, Inc. has a fifty-two week low of $70.82 and a fifty-two week high of $165.45.
Akamai Technologies (NASDAQ:AKAM - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.02. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The company's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.73 earnings per share. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. As a group, equities analysts expect that Akamai Technologies, Inc. will post 3.63 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in AKAM. Norges Bank acquired a new position in shares of Akamai Technologies in the 4th quarter valued at $192,959,000. Edmond DE Rothschild Holding S.A. purchased a new stake in Akamai Technologies during the second quarter worth $222,046,000. William Blair Investment Management LLC acquired a new stake in Akamai Technologies during the second quarter valued at $181,508,000. Legal & General Group Plc purchased a new position in Akamai Technologies in the second quarter valued at $159,564,000. Finally, Atreides Management LP purchased a new position in Akamai Technologies in the second quarter valued at $107,640,000. Hedge funds and other institutional investors own 94.28% of the company's stock.
More Akamai Technologies News
Here are the key news stories impacting Akamai Technologies this week:
- Positive Sentiment: Analyst coverage remains broadly supportive. DA Davidson reaffirmed its “Buy” rating, while JPMorgan projected strong potential appreciation; the shares also previously gapped higher following an analyst upgrade. DA Davidson Reaffirms Buy Rating JPMorgan Forecasts Strong Price Appreciation Akamai Shares Gap Up Following Analyst Upgrade
- Positive Sentiment: Akamai’s reported $11.6 billion cloud arrangement with Anthropic reinforces its pivot toward edge AI and cloud-computing infrastructure. The deal could expand long-term growth opportunities beyond the company’s traditional content-delivery-network business. Akamai’s Anthropic Deal and Edge AI Pivot
- Neutral Sentiment: RBC assigned Akamai a “Sector Perform” rating, signaling a more balanced view and potentially limiting the impact of the more bullish analyst opinions. RBC Sector Perform Rating
- Negative Sentiment: The Anthropic agreement reportedly requires about $5.5 billion in capital spending and includes warrants that could dilute shareholders. Investors are also concerned that the AI transition may pressure margins before producing sufficient returns. Anthropic Deal Investment and Dilution Concerns
- Negative Sentiment: EVPs Kim Salem-Jackson and Mani Sundaram sold approximately $1.14 million of AKAM shares combined. Both transactions were made under pre-arranged Rule 10b5-1 plans, reducing their signaling value, but the insider selling may still weigh on sentiment.
- Negative Sentiment: Although AKAM was recently a strong, high-volume mover, Zacks cautioned that the latest earnings-estimate revision trend may make further near-term gains difficult. Zacks Akamai Stock Analysis
Analysts Set New Price Targets
Several equities research analysts have recently commented on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of Akamai Technologies in a research note on Monday, September 21st. TD Cowen raised their target price on Akamai Technologies from $140.00 to $149.00 and gave the stock a "hold" rating in a research note on Friday. Piper Sandler reaffirmed an "overweight" rating and set a $158.00 price target (up from $125.00) on shares of Akamai Technologies in a research report on Friday. Susquehanna dropped their price target on Akamai Technologies from $175.00 to $140.00 and set a "positive" rating on the stock in a research note on Monday, August 10th. Finally, Royal Bank Of Canada reissued a "sector perform" rating and issued a $135.00 price objective on shares of Akamai Technologies in a report on Friday. Thirteen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $147.62.
Get Our Latest Stock Report on AKAM
About Akamai Technologies
(
Get Free Report)
Akamai Technologies, Inc is a global technology company that provides cloud computing, content delivery and cybersecurity services. Its distributed platform helps businesses deliver websites, applications, software downloads, video and other digital content with improved speed, availability and scalability.
The company's offerings include content delivery and edge computing services, cloud infrastructure, web and application performance solutions, and security products designed to protect applications, application programming interfaces, networks and users from cyber threats.
Recommended Stories
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].
