Akamai Technologies, Inc. $AKAM Stock Holdings Lowered by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC lessened its position in Akamai Technologies, Inc. (NASDAQ:AKAM) by 8.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 55,894 shares of the technology infrastructure company’s stock after selling 5,492 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in Akamai Technologies were worth $6,607,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Sarver Vrooman Wealth Advisors bought a new position in Akamai Technologies in the 4th quarter worth about $31,000. Root Financial Partners LLC raised its holdings in shares of Akamai Technologies by 45.8% during the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after buying an additional 110 shares during the last quarter. Silvant Capital Management LLC acquired a new position in shares of Akamai Technologies during the second quarter worth approximately $32,000. CYBER HORNET ETFs LLC acquired a new position in shares of Akamai Technologies during the second quarter worth approximately $32,000. Finally, Align Financial LLC bought a new position in Akamai Technologies in the 4th quarter worth approximately $34,000. 94.28% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Akamai Technologies news, EVP Kim Salem-Jackson sold 2,300 shares of the company’s 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 completion of the sale, the executive vice president directly owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. This represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $129.41, for a total transaction of $31,446.63. Following the completion of the transaction, the chief technology officer owned 31,006 shares of the company’s stock, valued at approximately $4,012,486.46. The trade was a 0.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.30% of the company’s stock.

Akamai Technologies Price Performance

NASDAQ AKAM opened at $108.62 on Tuesday. Akamai Technologies, Inc. has a 1 year low of $70.82 and a 1 year high of $165.45. The business’s fifty day moving average is $116.81 and its two-hundred day moving average is $118.02. The stock has a market capitalization of $15.61 billion, a P/E ratio of 39.07, a P/E/G ratio of 4.95 and a beta of 0.63. 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 (NASDAQ:AKAM) last issued its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.02. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The company’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the firm posted $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. On average, research analysts forecast that Akamai Technologies, Inc. will post 3.66 earnings per share for the current fiscal year.

Analyst Ratings Changes

AKAM has been the topic of several analyst reports. Susquehanna lowered their target price on Akamai Technologies from $175.00 to $140.00 and set a “positive” rating on the stock in a research report on Monday, August 10th. Bank of America upgraded Akamai Technologies from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $130.00 to $175.00 in a research report on Wednesday, May 13th. TD Cowen increased their price target on Akamai Technologies from $135.00 to $140.00 and gave the stock a “hold” rating in a research note on Friday, August 7th. Scotiabank raised their price target on Akamai Technologies from $120.00 to $180.00 and gave the company a “sector outperform” rating in a report on Friday, May 8th. Finally, The Goldman Sachs Group lifted their price objective on shares of Akamai Technologies from $76.00 to $87.00 and gave the company a “sell” rating in a research note on Friday, May 8th. Twelve research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $144.14.

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.