12,333 Akamai Technologies, Inc. $AKAM Shares Acquired by Yousif Capital Management LLC

Key Points

• Yousif Capital Management increased its Akamai stake by 83%, acquiring 12,333 shares and bringing its holdings to 27,197 shares valued at approximately $2.9 million. Institutional investors collectively own 94.28% of the company.
• Analysts maintain a generally favorable outlook, with Akamai receiving a consensus “Moderate Buy” rating and an average price target of $146.00, though some firms have downgraded the stock or lowered estimates.
• Akamai launched new AI services, including Akamai Inference and Akamai Agent Sandbox, potentially supporting long-term growth. However, analysts have reduced earnings estimates and expect a double-digit year-over-year profit decline in the upcoming quarterly results.

Yousif Capital Management LLC increased its holdings in shares of Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) by 83.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,197 shares of the technology infrastructure company's stock after buying an additional 12,333 shares during the period. Yousif Capital Management LLC's holdings in Akamai Technologies were worth $2,892,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Silvant Capital Management LLC purchased a new stake in Akamai Technologies in the 2nd quarter worth $32,000. Cedar Mountain Advisors LLC purchased a new position in Akamai Technologies during the first quarter valued at $47,000. Persistent Asset Partners Ltd purchased a new position in Akamai Technologies during the second quarter valued at $54,000. Pension & Wealth Management Advisors Inc. lifted its holdings in Akamai Technologies by 43.1% during the third 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. Finally, BOK Financial Private Wealth Inc. acquired a new stake in shares of Akamai Technologies in the second quarter valued at about $69,000. Hedge funds and other institutional investors own 94.28% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on AKAM. Guggenheim boosted their target price on shares of Akamai Technologies from $190.00 to $225.00 and gave the stock a "buy" rating in a research note on Friday, September 25th. President Capital upped their price target on shares of Akamai Technologies from $150.00 to $168.00 and gave the stock a "buy" rating in a research report on Wednesday, September 30th. Bank of America raised their price target on shares of Akamai Technologies from $175.00 to $185.00 and gave the company a "buy" rating in a research note on Friday, September 25th. HSBC cut Akamai Technologies from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $171.00 to $123.00 in a report on Monday, August 10th. Finally, Susquehanna lowered their price objective on Akamai Technologies from $175.00 to $140.00 and set a "positive" rating on the stock in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, Akamai Technologies has an average rating of "Moderate Buy" and a consensus target price of $146.00.

Key Headlines Impacting Akamai Technologies

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

• Positive Sentiment: Akamai launched Akamai Inference, a managed AI model-serving service, and Akamai Agent Sandbox, an isolated environment for executing AI agents. The products expand Akamai’s AI Cloud platform and could create new demand for its cloud, security and edge-computing services. Akamai Launches AI Inference Service and Agent Execution Environment
• Positive Sentiment: The new AI offerings received broad coverage, highlighting Akamai’s effort to compete for AI workloads through dedicated inference and agent-execution environments. Investors may view the launches as a potential long-term growth catalyst, though the announcements did not include specific revenue or earnings forecasts. Akamai expands its AI Cloud platform
• Neutral Sentiment: A Zacks analysis noted that Akamai outperformed the broader market in the latest session, but the report offered limited new fundamental information beyond the company’s recent trading performance. Akamai Technologies Surpasses Market Returns
• Negative Sentiment: Zacks Research reduced its Q2 2027 EPS estimate to $0.70 from $0.83 and cut its FY2027 forecast to $3.73 from $3.92, maintaining a “Hold” rating. The revisions suggest analysts see greater pressure on future profitability.
• Negative Sentiment: Analysts expect Akamai’s third-quarter 2026 earnings to show a double-digit year-over-year profit decline, increasing the risk of disappointment when results are released next week. What to Expect From Akamai Technologies' Q3 2026 Earnings Report

Insider Activity

In related news, EVP Mani Sundaram sold 7,022 shares of the company's stock in a transaction dated 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 sale, the executive vice president owned 14,625 shares of the company's stock, valued at approximately $1,837,192.50. This represents a 32.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul C. Joseph sold 3,100 shares of the stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $105.63, for a total transaction of $327,453.00. Following the completion of the sale, the executive vice president owned 28,472 shares of the company's stock, valued at approximately $3,007,497.36. The trade was a 9.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 12,135 shares of company stock worth $1,467,221 over the last three months. Insiders own 2.30% of the company's stock.

Akamai Technologies Stock Performance

Shares of AKAM stock opened at $99.59 on Wednesday. The stock's fifty day moving average is $104.93 and its two-hundred day moving average is $112.28. The firm has a market capitalization of $14.31 billion, a P/E ratio of 35.82 and a beta of 0.62. Akamai Technologies, Inc. has a fifty-two week low of $70.82 and a fifty-two week high of $165.45.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last announced its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.02. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the firm earned $1.73 EPS. The company's revenue for the quarter 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, equities analysts forecast that Akamai Technologies, Inc. will post 3.58 earnings per share for the current year.

Akamai Technologies 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.

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