CYBER HORNET ETFs LLC Increases Position in Akamai Technologies, Inc. $AKAM

CYBER HORNET ETFs LLC grew its holdings in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 3,817.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 15,514 shares of the technology infrastructure company’s stock after buying an additional 15,118 shares during the quarter. Akamai Technologies accounts for about 0.6% of CYBER HORNET ETFs LLC’s investment portfolio, making the stock its 24th biggest position. CYBER HORNET ETFs LLC’s holdings in Akamai Technologies were worth $1,834,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Root Financial Partners LLC grew its holdings in Akamai Technologies by 45.8% during the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock worth $31,000 after acquiring an additional 110 shares in the last quarter. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Akamai Technologies in the 4th quarter worth approximately $31,000. Silvant Capital Management LLC purchased a new stake in shares of Akamai Technologies in the 2nd quarter worth approximately $32,000. Align Financial LLC bought a new position in shares of Akamai Technologies during the fourth quarter valued at approximately $34,000. Finally, MUFG Securities EMEA plc bought a new position in shares of Akamai Technologies during the second quarter valued at approximately $35,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AKAM has been the subject of a number of analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Akamai Technologies in a report on Wednesday, June 24th. Raymond James Financial boosted their price target on Akamai Technologies from $140.00 to $170.00 in a research report on Monday, May 11th. UBS Group upped their price objective on Akamai Technologies from $125.00 to $143.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Morgan Stanley boosted their target price on shares of Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Finally, Bank of America upgraded shares of Akamai Technologies from a “neutral” rating to a “buy” rating and raised their price target for the company from $130.00 to $175.00 in a report on Wednesday, May 13th. Thirteen investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $141.62.

Insider Buying and Selling

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

Akamai Technologies Price Performance

Shares of AKAM stock opened at $105.22 on Monday. Akamai Technologies, Inc. has a 1-year low of $70.82 and a 1-year high of $165.45. The stock’s fifty day moving average price is $115.97 and its 200 day moving average price is $118.02. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64. The company has a market cap of $15.12 billion, a price-to-earnings ratio of 37.85, a price-to-earnings-growth ratio of 4.85 and a beta of 0.63.

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