Caisse de depot et placement du Quebec Takes $31.18 Million Position in Akamai Technologies, Inc. $AKAM

Caisse de depot et placement du Quebec purchased a new position in Akamai Technologies, Inc. (NASDAQ:AKAM) in the second quarter, Holdings Channel reports. The fund purchased 263,800 shares of the technology infrastructure company’s stock, valued at approximately $31,184,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AKAM. Contravisory Investment Management Inc. bought a new position in shares of Akamai Technologies during the 1st quarter valued at about $1,172,000. HighTower Advisors LLC boosted its stake in Akamai Technologies by 132.4% in the fourth quarter. HighTower Advisors LLC now owns 25,960 shares of the technology infrastructure company’s stock worth $2,265,000 after buying an additional 14,792 shares in the last quarter. Leeward Investments LLC MA grew its position in Akamai Technologies by 32.6% during the fourth quarter. Leeward Investments LLC MA now owns 148,104 shares of the technology infrastructure company’s stock valued at $12,922,000 after acquiring an additional 36,395 shares during the last quarter. Baker Avenue Asset Management LP bought a new position in Akamai Technologies during the fourth quarter valued at approximately $1,393,000. Finally, Todd Asset Management LLC raised its stake in shares of Akamai Technologies by 63.8% during the fourth quarter. Todd Asset Management LLC now owns 429,949 shares of the technology infrastructure company’s stock worth $37,513,000 after acquiring an additional 167,500 shares in the last quarter. 94.28% of the stock is owned by institutional investors.

Insider Buying and Selling at Akamai Technologies

In other news, CTO Robert Blumofe sold 243 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $129.41, for a total value of $31,446.63. Following the completion of the sale, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at approximately $4,012,486.46. This trade represents a 0.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of Akamai Technologies stock in a transaction dated 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 in the company, valued at $8,027,099.70. The trade was a 3.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

AKAM has been the topic of a number of analyst reports. Scotiabank lifted their target price on shares of Akamai Technologies from $120.00 to $180.00 and gave the stock a “sector outperform” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. raised Akamai Technologies from an “underweight” rating to a “neutral” rating and raised their price objective for the company from $132.00 to $158.00 in a research note on Thursday, August 13th. Raymond James Financial lifted their price objective on Akamai Technologies from $140.00 to $170.00 in a report on Monday, May 11th. Citigroup boosted their target price on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. Finally, Zacks Research upgraded Akamai Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Twelve equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Akamai Technologies presently has a consensus rating of “Hold” and a consensus target price of $144.14.

Key Stories Impacting Akamai Technologies

Here are the key news stories impacting Akamai Technologies this week:

• Positive Sentiment: Zacks raised its EPS forecasts for Q3 2026 to $1.00 from $0.99, Q4 2026 to $1.12 from $1.07, Q1 2027 to $0.87 from $0.79, Q4 2027 to $1.09 from $1.08, and Q1 2028 to $1.03 from $1.02. These revisions provide some support for the near-term earnings outlook. Akamai Technologies analyst estimates
• Neutral Sentiment: Implied volatility for Akamai stock options has surged, indicating that traders expect larger-than-usual movement in AKAM shares. However, options-market volatility does not establish whether the next move will be higher or lower. Implied Volatility Surging for Akamai Stock Options
• Negative Sentiment: Zacks lowered its EPS outlook for FY2026 to $3.79 from $3.90 and FY2027 to $3.92 from $3.98. It also cut Q2 2027 EPS to $0.83 from $0.96, Q3 2027 to $1.13 from $1.15, and FY2028 to $4.69 from $4.70. The reductions suggest slower expected profit growth and likely contribute to the weaker investor sentiment.

Akamai Technologies Price Performance

Shares of AKAM stock opened at $107.47 on Friday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64. Akamai Technologies, Inc. has a fifty-two week low of $70.82 and a fifty-two week high of $165.45. The firm has a market cap of $15.45 billion, a P/E ratio of 38.66, a P/E/G ratio of 5.13 and a beta of 0.63. The business’s 50 day moving average price is $117.06 and its 200-day moving average price is $117.75.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.02. The company 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%.The firm’s revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the firm 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. On average, equities research analysts anticipate that Akamai Technologies, Inc. will post 3.66 earnings per share 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.