Akamai Technologies, Inc. $AKAM Shares Sold by Danske Bank A S

Key Points

• Danske Bank A/S reduced its Akamai stake by 81.6% in Q4, selling 83,609 shares and leaving 18,903 shares worth $1.65 million.
• Company insiders have been selling recently — including EVP sales of 1,722 and 15,000 shares — with insiders offloading 57,454 shares (~$5.89 million) in the past 90 days while insiders retain 2.30% ownership.
• Akamai beat quarterly estimates (EPS $1.84 vs. $1.75; revenue $1.09B) and set FY2026 EPS guidance of $6.20–$7.20, while analysts maintain a consensus "Hold" rating and a $112.37 price target.

Danske Bank A S lessened its position in Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) by 81.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,903 shares of the technology infrastructure company's stock after selling 83,609 shares during the period. Danske Bank A S's holdings in Akamai Technologies were worth $1,649,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of AKAM. Whittier Trust Co. of Nevada Inc. grew its position in Akamai Technologies by 295.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company's stock worth $26,000 after purchasing an additional 251 shares during the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of Akamai Technologies by 130.0% during the third quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company's stock valued at $26,000 after buying an additional 195 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Akamai Technologies by 566.7% during the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company's stock valued at $26,000 after buying an additional 289 shares during the last quarter. JFS Wealth Advisors LLC boosted its position in shares of Akamai Technologies by 626.2% during the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company's stock worth $27,000 after buying an additional 263 shares during the period. Finally, Wolff Wiese Magana LLC boosted its position in shares of Akamai Technologies by 497.0% during the third quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company's stock worth $30,000 after buying an additional 333 shares during the period. 94.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently commented on the company. Citigroup raised their target price on Akamai Technologies from $103.00 to $110.00 and gave the company a "neutral" rating in a research report on Friday, February 20th. TD Cowen reduced their price target on Akamai Technologies from $104.00 to $100.00 and set a "hold" rating for the company in a research report on Friday, February 20th. Craig Hallum increased their price target on Akamai Technologies from $90.00 to $100.00 and gave the stock a "hold" rating in a research note on Friday, February 20th. Robert W. Baird reissued a "neutral" rating and set a $110.00 price target on shares of Akamai Technologies in a report on Thursday, April 2nd. Finally, Oppenheimer lifted their price objective on shares of Akamai Technologies from $115.00 to $130.00 and gave the company an "outperform" rating in a research note on Thursday, April 23rd. Nine equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $112.37.

Insider Activity at Akamai Technologies

In other Akamai Technologies news, EVP Mani Sundaram sold 1,722 shares of the company's stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $98.58, for a total transaction of $169,754.76. Following the completion of the sale, the executive vice president directly owned 21,647 shares of the company's stock, valued at approximately $2,133,961.26. This represents a 7.37% 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. Also, EVP Anthony P. Williams sold 15,000 shares of the company's stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the sale, the executive vice president directly owned 22,064 shares of the company's stock, valued at $2,301,054.56. This represents a 40.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 57,454 shares of company stock valued at $5,889,371. Corporate insiders own 2.30% of the company's stock.

Akamai Technologies Price Performance

AKAM stock opened at $117.94 on Wednesday. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 0.82. Akamai Technologies, Inc. has a one year low of $69.78 and a one year high of $121.12. The firm has a market capitalization of $17.10 billion, a PE ratio of 38.29, a P/E/G ratio of 3.63 and a beta of 0.45. The firm has a 50-day moving average of $104.63 and a two-hundred day moving average of $94.19.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, beating analysts' consensus estimates of $1.75 by $0.09. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period in the prior year, the firm earned $1.66 earnings per share. The business's quarterly revenue was up 7.4% on a year-over-year basis. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. On average, analysts forecast that Akamai Technologies, Inc. will post 4.17 earnings per share for the current year.

Akamai Technologies Company 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.

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