Akamai Technologies, Inc. $AKAM Shares Purchased by Vinva Investment Management Ltd

Vinva Investment Management Ltd grew its stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 664.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 310,317 shares of the technology infrastructure company’s stock after purchasing an additional 269,704 shares during the quarter. Vinva Investment Management Ltd owned approximately 0.22% of Akamai Technologies worth $24,121,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Whittier Trust Co. of Nevada Inc. grew its position in shares of Akamai Technologies by 295.3% in 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 during the last quarter. Smartleaf Asset Management LLC boosted its stake in Akamai Technologies by 566.7% in the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 289 shares in the last quarter. TD Waterhouse Canada Inc. boosted its stake in Akamai Technologies by 130.0% in the third quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 195 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of Akamai Technologies during the third quarter worth about $30,000. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Akamai Technologies during the second quarter worth about $32,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on AKAM shares. Wall Street Zen downgraded Akamai Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. TD Cowen dropped their price target on Akamai Technologies from $104.00 to $100.00 and set a “hold” rating on the stock in a research note on Friday, February 20th. DA Davidson lifted their price target on Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. KeyCorp boosted their price objective on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Finally, The Goldman Sachs Group increased their price objective on Akamai Technologies from $69.00 to $76.00 and gave the company a “sell” rating in a report on Friday, February 20th. Ten investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $108.84.

Akamai Technologies Stock Performance

NASDAQ AKAM opened at $99.89 on Friday. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.82. Akamai Technologies, Inc. has a 52-week low of $67.51 and a 52-week high of $113.50. The business’s 50-day moving average price is $95.98 and its 200 day moving average price is $85.95. The firm has a market cap of $14.47 billion, a P/E ratio of 32.43, a P/E/G ratio of 3.37 and a beta of 0.72.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.75 by $0.09. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the business earned $1.66 EPS. The firm’s revenue was up 7.4% compared to the same quarter last year. 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. On average, equities research analysts expect that Akamai Technologies, Inc. will post 4.6 earnings per share for the current year.

Insider Buying and Selling at Akamai Technologies

In other news, EVP Mani Sundaram sold 3,186 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $101.90, for a total transaction of $324,653.40. Following the completion of the sale, the executive vice president owned 19,923 shares in the company, valued at $2,030,153.70. This represents a 13.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Robert Blumofe sold 3,500 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $108.00, for a total value of $378,000.00. Following the sale, the chief technology officer directly owned 14,574 shares of the company’s stock, valued at approximately $1,573,992. This represents a 19.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 59,112 shares of company stock valued at $5,812,929. Corporate insiders own 2.00% of the company’s stock.

Akamai Technologies Profile

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.