Akamai Technologies, Inc. $AKAM Shares Bought by LSV Asset Management

LSV Asset Management raised its position in Akamai Technologies, Inc. (NASDAQ:AKAM) by 1,467.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 783,900 shares of the technology infrastructure company’s stock after acquiring an additional 733,900 shares during the quarter. LSV Asset Management’s holdings in Akamai Technologies were worth $68,395,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Invesco Ltd. grew its position in Akamai Technologies by 5.8% in the 3rd quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock valued at $245,394,000 after acquiring an additional 177,756 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Akamai Technologies by 35.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,331,333 shares of the technology infrastructure company’s stock valued at $176,626,000 after acquiring an additional 612,071 shares in the last quarter. AQR Capital Management LLC grew its position in Akamai Technologies by 522.8% in the 3rd quarter. AQR Capital Management LLC now owns 2,020,346 shares of the technology infrastructure company’s stock valued at $153,061,000 after acquiring an additional 1,695,937 shares in the last quarter. Alyeska Investment Group L.P. grew its position in Akamai Technologies by 570.0% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,634,040 shares of the technology infrastructure company’s stock valued at $123,795,000 after acquiring an additional 1,390,167 shares in the last quarter. Finally, Retirement Systems of Alabama grew its position in Akamai Technologies by 11.8% in the 3rd quarter. Retirement Systems of Alabama now owns 1,165,291 shares of the technology infrastructure company’s stock valued at $88,282,000 after acquiring an additional 122,846 shares in the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Akamai Technologies Stock Performance

Shares of AKAM opened at $147.23 on Friday. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.84. The firm has a market cap of $21.41 billion, a PE ratio of 49.57, a price-to-earnings-growth ratio of 4.60 and a beta of 0.45. The company’s 50 day simple moving average is $116.07 and its 200-day simple moving average is $100.47. Akamai Technologies, Inc. has a 12-month low of $69.78 and a 12-month high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.61. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the firm posted $1.70 earnings per share. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. As a group, equities analysts predict that Akamai Technologies, Inc. will post 3.93 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on AKAM shares. Craig Hallum upgraded Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a research note on Friday, May 8th. Oppenheimer lifted their price objective on Akamai Technologies from $115.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Scotiabank lifted their price objective on Akamai Technologies from $120.00 to $180.00 and gave the company a “sector outperform” rating in a research note on Friday, May 8th. KeyCorp lifted 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, Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a research note on Friday, March 27th. Twelve equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Akamai Technologies currently has a consensus rating of “Hold” and an average price target of $145.29.

Insider Buying and Selling at Akamai Technologies

In other news, CAO Laura Howell sold 11,273 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $100.14, for a total transaction of $1,128,878.22. Following the transaction, the chief accounting officer directly owned 12,559 shares in the company, valued at approximately $1,257,658.26. This trade represents a 47.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Mani Sundaram sold 8,642 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $101.25, for a total transaction of $875,002.50. Following the transaction, the executive vice president owned 19,923 shares in the company, valued at approximately $2,017,203.75. This trade represents a 30.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 53,954 shares of company stock valued at $5,511,371. 2.30% of the stock is owned by company insiders.

About Akamai Technologies

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.