Focus Partners Advisor Solutions LLC Purchases New Holdings in Akamai Technologies, Inc. $AKAM

Focus Partners Advisor Solutions LLC acquired a new position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 7,884 shares of the technology infrastructure company’s stock, valued at approximately $932,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in shares of Akamai Technologies by 101.4% in the fourth quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company’s stock worth $384,000 after purchasing an additional 2,022 shares during the period. Jones Financial Companies Lllp grew its stake in Akamai Technologies by 35.2% during the first quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock worth $88,000 after buying an additional 283 shares in the last quarter. United Services Automobile Association acquired a new stake in Akamai Technologies during the first quarter worth about $266,000. Empowered Funds LLC increased its holdings in Akamai Technologies by 73.0% in the 1st quarter. Empowered Funds LLC now owns 7,134 shares of the technology infrastructure company’s stock valued at $574,000 after buying an additional 3,010 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in shares of Akamai Technologies by 152.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,163 shares of the technology infrastructure company’s stock valued at $93,000 after buying an additional 703 shares in the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Akamai Technologies

In related news, CTO Robert Blumofe sold 243 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total value of $31,446.63. Following the sale, the chief technology officer directly owned 31,006 shares in the company, valued at $4,012,486.46. This represents a 0.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total transaction of $311,811.00. Following the sale, the executive vice president directly owned 59,210 shares of the company’s stock, valued at $8,027,099.70. This represents a 3.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

AKAM has been the topic of several analyst reports. Bank of America upgraded shares of Akamai Technologies from a “neutral” rating to a “buy” rating and increased their price target for the stock from $130.00 to $175.00 in a research report on Wednesday, May 13th. Craig Hallum upgraded Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a research note on Friday, May 8th. Zacks Research raised Akamai Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Susquehanna dropped their price objective on Akamai Technologies from $175.00 to $140.00 and set a “positive” rating for the company in a research report on Monday, August 10th. Finally, Morgan Stanley raised their price objective on Akamai Technologies from $120.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $144.14.

Akamai Technologies Stock Performance

Shares of Akamai Technologies stock opened at $124.99 on Monday. The stock has a market cap of $17.96 billion, a price-to-earnings ratio of 44.96, a P/E/G ratio of 5.42 and a beta of 0.63. Akamai Technologies, Inc. has a twelve month low of $70.82 and a twelve month high of $165.45. The company’s fifty day moving average is $121.26 and its 200 day moving average is $116.89. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.23.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.02. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.Akamai Technologies’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period last year, the company earned $1.73 EPS. 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. Sell-side analysts forecast that Akamai Technologies, Inc. will post 3.88 EPS for the current year.

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.