UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $79.66 Million Stock Position in Akamai Technologies, Inc. $AKAM

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in Akamai Technologies, Inc. (NASDAQ:AKAM) by 2.7% during the second quarter, Holdings Channel.com reports. The firm owned 673,851 shares of the technology infrastructure company’s stock after selling 19,041 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Akamai Technologies were worth $79,656,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. EverSource Wealth Advisors LLC lifted its holdings in shares of Akamai Technologies by 3.1% in the first quarter. EverSource Wealth Advisors LLC now owns 2,356 shares of the technology infrastructure company’s stock valued at $271,000 after purchasing an additional 70 shares in the last quarter. Rexford Capital Inc. boosted its holdings in shares of Akamai Technologies by 1.9% in the 4th quarter. Rexford Capital Inc. now owns 5,106 shares of the technology infrastructure company’s stock worth $445,000 after buying an additional 93 shares during the last quarter. Root Financial Partners LLC boosted its stake in Akamai Technologies by 45.8% in the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after acquiring an additional 110 shares during the last quarter. Allworth Financial LP lifted its stake in Akamai Technologies by 6.3% in the fourth quarter. Allworth Financial LP now owns 2,196 shares of the technology infrastructure company’s stock valued at $192,000 after purchasing an additional 131 shares during the last quarter. Finally, Tema ETFs LLC grew its stake in shares of Akamai Technologies by 9.5% during the 2nd quarter. Tema ETFs LLC now owns 1,664 shares of the technology infrastructure company’s stock worth $197,000 after acquiring an additional 145 shares during the period. Institutional investors own 94.28% of the company’s stock.

Akamai Technologies Stock Down 1.3%

NASDAQ:AKAM opened at $105.09 on Thursday. The company has a market capitalization of $15.10 billion, a PE ratio of 37.80, a P/E/G ratio of 4.90 and a beta of 0.63. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64. Akamai Technologies, Inc. has a 1-year low of $70.82 and a 1-year high of $165.45. The firm’s 50-day moving average price is $116.26 and its 200-day moving average price is $118.10.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.02. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the firm earned $1.73 earnings per share. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. 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 analysts predict that Akamai Technologies, Inc. will post 3.66 EPS for the current fiscal year.

Insider Activity

In other Akamai Technologies 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 transaction of $31,446.63. Following the completion of the sale, the chief technology officer directly owned 31,006 shares in the company, 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 Securities & Exchange Commission, which can be accessed through 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 firm’s 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 trade represents a 3.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.30% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on AKAM. Raymond James Financial raised their price objective on shares of Akamai Technologies from $140.00 to $170.00 in a report on Monday, May 11th. Zacks Research raised Akamai Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Scotiabank upped 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. The Goldman Sachs Group boosted their price target on shares of Akamai Technologies from $76.00 to $87.00 and gave the stock a “sell” rating in a research note on Friday, May 8th. Finally, Citigroup raised their price target on Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a research report on Friday, May 15th. Thirteen analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $143.43.

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.