8,612 Akamai Technologies, Inc. $AKAM Shares Sold by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB lowered its stake in Akamai Technologies, Inc. (NASDAQ:AKAM) by 5.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 160,000 shares of the technology infrastructure company’s stock after selling 8,612 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Akamai Technologies were worth $17,016,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Silvant Capital Management LLC acquired a new position in shares of Akamai Technologies in the second quarter worth approximately $32,000. Cedar Mountain Advisors LLC acquired a new position in shares of Akamai Technologies during the 1st quarter valued at $47,000. Persistent Asset Partners Ltd acquired a new stake in Akamai Technologies in the second quarter valued at approximately $54,000. BOK Financial Private Wealth Inc. bought a new position in shares of Akamai Technologies in the 2nd quarter worth $69,000. Finally, Pension & Wealth Management Advisors Inc. increased its stake in Akamai Technologies by 43.1% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 644 shares of the technology infrastructure company’s stock valued at $68,000 after purchasing an additional 194 shares in the last quarter. 94.28% of the stock is owned by institutional investors.

More Akamai Technologies News

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

• Positive Sentiment: Raymond James upgraded Akamai to Strong Buy and maintained a $170 price target following the recent selloff tied to concerns about artificial intelligence. The upgrade indicates the firm views the decline as excessive and sees substantial recovery potential. Raymond James lifts Akamai to Strong Buy after ‘AI Is Dead’ selloff
• Positive Sentiment: Piper Sandler kept an Overweight rating on Akamai while lowering its price target from $158 to $120. The revised target still implies meaningful upside from current levels, signaling that the firm remains constructive despite reducing its estimates. Piper Sandler lowers Akamai price target
• Positive Sentiment: Akamai’s Guardicore security technology is being integrated with FireMon’s policy control platform to support microsegmentation. The integration could improve Akamai’s enterprise security distribution and visibility, although the immediate financial impact was not disclosed. FireMon extends policy control plane with Akamai Guardicore integration
• Negative Sentiment: UBS cut its Akamai price target sharply from $148 to $100 and maintained a Neutral rating. While the new target still indicates limited upside, the substantial reduction signals weaker confidence in the company’s near-term growth or valuation prospects. UBS adjusts Akamai price target

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on AKAM shares. Bank of America upped their target price on shares of Akamai Technologies from $175.00 to $185.00 and gave the stock a “buy” rating in a report on Friday, September 25th. Piper Sandler dropped their price target on shares of Akamai Technologies from $158.00 to $120.00 and set an “overweight” rating on the stock in a research report on Wednesday. Citigroup dropped their target price on shares of Akamai Technologies from $160.00 to $122.00 and set a “neutral” rating on the stock in a research report on Friday, September 4th. TD Cowen increased their price target on shares of Akamai Technologies from $140.00 to $149.00 and gave the company a “hold” rating in a research report on Friday, September 25th. Finally, Weiss Ratings cut shares of Akamai Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $146.00.

Insider Buying and Selling at Akamai Technologies

In other news, EVP Mani Sundaram sold 7,022 shares of Akamai Technologies stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $125.62, for a total transaction of $882,103.64. Following the completion of the transaction, the executive vice president directly owned 14,625 shares of the company’s stock, valued at $1,837,192.50. The trade was a 32.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,013 shares of the firm’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $128.00, for a total transaction of $257,664.00. Following the completion of the transaction, the executive vice president directly owned 57,197 shares in the company, valued at $7,321,216. This represents a 3.40% 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. Over the last ninety days, insiders sold 12,135 shares of company stock valued at $1,467,221. 2.30% of the stock is owned by company insiders.

Akamai Technologies Trading Up 1.0%

NASDAQ:AKAM opened at $91.13 on Friday. Akamai Technologies, Inc. has a 52 week low of $70.82 and a 52 week high of $165.45. The company’s 50 day moving average price is $106.16 and its 200-day moving average price is $117.29. 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 stock has a market cap of $13.10 billion, a price-to-earnings ratio of 32.78, a PEG ratio of 4.25 and a beta of 0.62.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.02. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter last year, the firm earned $1.73 EPS. 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 research analysts forecast that Akamai Technologies, Inc. will post 3.58 earnings per share for the current fiscal year.

Akamai Technologies Company Profile

Akamai Technologies, Inc provides cloud, cybersecurity and content-delivery services that help organizations operate and protect applications, websites and digital media over the internet. Its distributed edge platform is designed to deliver online content closer to end users while improving performance, availability and resilience.

The company’s services include content delivery and application performance solutions, cloud computing capabilities, web and application security, distributed denial-of-service protection, bot management and zero-trust security tools.