Asset Management One Co. Ltd. Sells 56,119 Shares of Akamai Technologies, Inc. $AKAM

Asset Management One Co. Ltd. cut its stake in Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) by 69.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,973 shares of the technology infrastructure company's stock after selling 56,119 shares during the period. Asset Management One Co. Ltd.'s holdings in Akamai Technologies were worth $2,204,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Akamai Technologies by 295.3% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company's stock worth $26,000 after acquiring an additional 251 shares during the last quarter. TD Waterhouse Canada Inc. grew its position in shares of Akamai Technologies by 130.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company's stock worth $26,000 after buying an additional 195 shares during the period. Smartleaf Asset Management LLC grew its position in shares of Akamai Technologies by 566.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company's stock worth $26,000 after buying an additional 289 shares during the period. JFS Wealth Advisors LLC grew its position in shares of Akamai Technologies by 626.2% during the 4th 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 grew its position in shares of Akamai Technologies by 497.0% during the 3rd 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 owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Royal Bank Of Canada lifted their price target on shares of Akamai Technologies from $90.00 to $100.00 and gave the stock a "sector perform" rating in a research report on Friday, February 20th. DA Davidson lifted their price target on shares of Akamai Technologies from $115.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday, February 12th. Oppenheimer lifted their price target on shares of Akamai Technologies from $100.00 to $115.00 and gave the stock an "outperform" rating in a research report on Thursday, February 5th. Citigroup lifted their price target on shares of Akamai Technologies from $103.00 to $110.00 and gave the stock a "neutral" rating in a research report on Friday, February 20th. Finally, TD Cowen lowered their price target on shares of Akamai Technologies from $104.00 to $100.00 and set a "hold" rating for the company in a research report on Friday, February 20th. Nine investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $111.58.

Insider Transactions at Akamai Technologies

In other Akamai Technologies news, EVP Anthony P. Williams sold 15,000 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total value of $1,564,350.00. Following the completion of the sale, the executive vice president owned 22,064 shares of the company's stock, valued at approximately $2,301,054.56. This represents a 40.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mani Sundaram sold 1,722 shares of the company's stock in a transaction that occurred on 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 transaction, the executive vice president owned 21,647 shares of the company's stock, valued at $2,133,961.26. This trade represents a 7.37% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 57,454 shares of company stock valued at $5,889,371. Corporate insiders own 2.30% of the company's stock.

Akamai Technologies Stock Down 1.0%

Shares of NASDAQ:AKAM opened at $96.18 on Friday. Akamai Technologies, Inc. has a 52 week low of $69.78 and a 52 week high of $121.12. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36. The company has a market capitalization of $13.95 billion, a PE ratio of 31.23, a PEG ratio of 3.34 and a beta of 0.59. The company has a 50 day moving average price of $105.39 and a two-hundred day moving average price of $92.85.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last issued its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.75 by $0.09. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter 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. Analysts forecast that Akamai Technologies, Inc. will post 4.17 earnings per share for the current 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.

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