Akamai Technologies (NASDAQ:AKAM) EVP Sells $257,664.00 in Stock

Akamai Technologies, Inc. (NASDAQ:AKAM) EVP Kim Salem-Jackson sold 2,013 shares of Akamai Technologies stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $128.00, for a total value of $257,664.00. Following the transaction, the executive vice president owned 57,197 shares of the company’s stock, valued at $7,321,216. The trade was a 3.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Akamai Technologies Price Performance

Shares of NASDAQ AKAM opened at $106.35 on Thursday. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.23. The business’s 50 day moving average price is $112.01 and its two-hundred day moving average price is $118.89. The company has a market cap of $15.28 billion, a PE ratio of 38.26, a price-to-earnings-growth ratio of 5.10 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.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.02. The company had revenue of $1.10 billion during 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 business’s revenue was up 5.4% on a year-over-year basis. During the same period 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, analysts predict that Akamai Technologies, Inc. will post 3.58 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its position in Akamai Technologies by 11.2% during the first quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock worth $397,881,000 after purchasing an additional 349,451 shares during the period. Norges Bank bought a new position in Akamai Technologies in the 4th quarter valued at about $192,959,000. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Akamai Technologies in the 2nd quarter valued at approximately $222,046,000. William Blair Investment Management LLC acquired a new position in shares of Akamai Technologies in the 2nd quarter valued at approximately $181,508,000. Finally, Legal & General Group Plc acquired a new position in shares of Akamai Technologies in the 2nd quarter valued at approximately $159,564,000. Institutional investors own 94.28% of the company’s stock.

Key Headlines Impacting Akamai Technologies

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

• Positive Sentiment: A reported $11.6 billion cloud arrangement with Anthropic strengthens Akamai’s transition from content delivery toward edge AI and cloud infrastructure. The agreement could provide a major source of future demand and improve the narrative around Akamai’s growth prospects. Reports indicate the arrangement involves approximately $5.5 billion of planned investment. Akamai Anthropic AI Deal
• Positive Sentiment: President Capital raised its Akamai price target from $150 to $168 and maintained a “Buy” rating, citing substantial potential upside. The bullish target adds support to the view that AI-related growth could accelerate the company’s valuation.
• Positive Sentiment: Akamai and Resurety announced the first exchange-executed virtual power purchase agreement, highlighting the company’s efforts to secure clean energy for its expanding technology infrastructure. Akamai and Resurety Clean Energy Agreement
• Positive Sentiment: SoftServe joined Akamai’s Partner Connect program to help enterprises reduce multicloud costs and deploy edge AI, while Park+ reported cutting cloud infrastructure costs by as much as 60% with Akamai. These developments support adoption of Akamai’s distributed cloud and AI services. Akamai SoftServe Partnership
• Neutral Sentiment: The Anthropic deal has already prompted a sharp positive reaction in the shares, but investors are likely waiting for details on revenue timing, profitability, spending, and execution before assigning a higher valuation. Boston Globe Anthropic Deal Report
• Negative Sentiment: The planned investment could pressure free cash flow and margins, while warrants connected to the arrangement may dilute existing shareholders. These risks are tempering enthusiasm over the headline deal value.
• Negative Sentiment: DA Davidson recently cut its price target, creating a counterpoint to President Capital’s bullish revision and reinforcing the market’s mixed analyst outlook.
• Negative Sentiment: Executives Mani Sundaram and Kim Salem-Jackson sold shares worth approximately $1.14 million combined. The transactions were made under pre-arranged Rule 10b5-1 plans, reducing their significance, but insider selling can still weigh on sentiment.

Analysts Set New Price Targets

Several equities research analysts have issued reports on AKAM shares. Evercore restated an “outperform” rating on shares of Akamai Technologies in a research report on Friday, September 25th. Raymond James Financial reaffirmed an “outperform” rating and issued a $170.00 target price on shares of Akamai Technologies in a research report on Tuesday. Guggenheim increased their target price on Akamai Technologies from $190.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, September 25th. Bank of America boosted their price target on Akamai Technologies from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, September 25th. Finally, HSBC lowered Akamai Technologies from a “buy” rating to a “hold” rating and decreased their price objective for the company from $171.00 to $123.00 in a report on Monday, August 10th. Thirteen analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Akamai Technologies has a consensus rating of “Hold” and an average price target of $150.10.

About Akamai Technologies

Akamai Technologies, Inc (NASDAQ: AKAM) provides cloud computing, cybersecurity and content delivery services for businesses and public-sector organizations. Its distributed edge platform helps customers deliver websites, applications, media and other digital experiences while improving performance, availability and scalability.

The company’s services include web and application performance optimization, content delivery, cloud infrastructure, application and API security, distributed denial-of-service protection, zero-trust security and bot management.