Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report) – Zacks Research cut their Q3 2025 EPS estimates for shares of Akamai Technologies in a research report issued on Thursday, March 13th. Zacks Research analyst A. Chatterjee now forecasts that the technology infrastructure company will post earnings per share of $0.98 for the quarter, down from their previous estimate of $1.09. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.60 per share.
Several other research firms also recently commented on AKAM. Oppenheimer raised shares of Akamai Technologies from a “market perform” rating to an “outperform” rating and set a $120.00 price target on the stock in a research note on Monday, December 2nd. Needham & Company LLC reissued a “hold” rating on shares of Akamai Technologies in a research report on Friday, February 21st. Citigroup cut their target price on shares of Akamai Technologies from $102.00 to $95.00 and set a “neutral” rating on the stock in a research report on Monday, February 24th. UBS Group assumed coverage on shares of Akamai Technologies in a research report on Monday, December 16th. They set a “neutral” rating and a $110.00 target price on the stock. Finally, Scotiabank cut their target price on shares of Akamai Technologies from $115.00 to $107.00 and set a “sector outperform” rating on the stock in a research report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Akamai Technologies has a consensus rating of “Moderate Buy” and an average target price of $107.55.
Akamai Technologies Trading Down 0.9 %
AKAM stock opened at $82.06 on Monday. The company has a market capitalization of $12.34 billion, a PE ratio of 25.17, a P/E/G ratio of 2.74 and a beta of 0.68. Akamai Technologies has a 12 month low of $75.50 and a 12 month high of $110.18. The firm’s 50-day moving average is $91.20 and its 200 day moving average is $95.61. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.23 and a quick ratio of 1.33.
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last released its earnings results on Thursday, February 20th. The technology infrastructure company reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.52 by ($0.33). The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. Akamai Technologies had a return on equity of 14.35% and a net margin of 12.65%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System boosted its position in shares of Akamai Technologies by 11.0% in the 4th quarter. California State Teachers Retirement System now owns 292,325 shares of the technology infrastructure company’s stock valued at $27,961,000 after purchasing an additional 29,021 shares during the period. Lansforsakringar Fondforvaltning AB publ acquired a new stake in shares of Akamai Technologies in the 4th quarter valued at about $3,445,000. Siemens Fonds Invest GmbH acquired a new stake in shares of Akamai Technologies in the 4th quarter valued at about $2,455,000. Capital A Wealth Management LLC acquired a new stake in shares of Akamai Technologies in the 4th quarter valued at about $367,000. Finally, Mackenzie Financial Corp boosted its position in shares of Akamai Technologies by 3.5% in the 4th quarter. Mackenzie Financial Corp now owns 2,427,580 shares of the technology infrastructure company’s stock valued at $232,198,000 after purchasing an additional 81,744 shares during the period. Hedge funds and other institutional investors own 94.28% of the company’s stock.
Insider Activity at Akamai Technologies
In other news, EVP Aaron Ahola sold 4,000 shares of the stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $80.92, for a total value of $323,680.00. Following the transaction, the executive vice president now owns 25,211 shares in the company, valued at approximately $2,040,074.12. This represents a 13.69 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO F Thomson Leighton acquired 37,670 shares of the company’s stock in a transaction dated Thursday, February 27th. The stock was acquired at an average price of $79.58 per share, for a total transaction of $2,997,778.60. Following the acquisition, the chief executive officer now owns 137,342 shares in the company, valued at approximately $10,929,676.36. The trade was a 37.79 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 35,394 shares of company stock worth $3,019,323. 1.80% of the stock is currently owned by company insiders.
About Akamai Technologies
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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