Fideuram Intesa Sanpaolo Private Banking S.P.A. Purchases New Holdings in Akamai Technologies, Inc. $AKAM

Key Points

• Fideuram Intesa Sanpaolo Private Banking opened a new position in Akamai Technologies in the fourth quarter, buying 58,406 shares valued at about $5.1 million.
• Institutional ownership in Akamai remains heavy, with 94.28% of shares held by institutions and hedge funds. Several other investors also increased their stakes, while analysts have recently raised price targets on the stock.
• Akamai reported quarterly earnings and revenue that matched estimates, with revenue up 5.8% year over year. The company also raised its FY2026 guidance, but recent news about a $3.0 billion convertible note offering has added some pressure on the shares.

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 58,406 shares of the technology infrastructure company's stock, valued at approximately $5,096,000.

A number of other institutional investors also recently made changes to their positions in the business. JFS Wealth Advisors LLC grew 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 in the last quarter. Whittier Trust Co. of Nevada Inc. increased 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 buying an additional 251 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in Akamai Technologies by 566.7% in the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company's stock valued at $26,000 after acquiring an additional 289 shares in the last quarter. TD Waterhouse Canada Inc. raised its holdings in Akamai Technologies by 130.0% in the third quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company's stock valued at $26,000 after acquiring an additional 195 shares in the last quarter. Finally, WealthCollab LLC boosted its stake in Akamai Technologies by 154.2% during the 4th quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company's stock valued at $34,000 after acquiring an additional 239 shares during the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on AKAM shares. Guggenheim boosted their target price on shares of Akamai Technologies from $133.00 to $181.00 and gave the stock a "buy" rating in a research report on Friday, May 8th. Raymond James Financial increased their price target on shares of Akamai Technologies from $140.00 to $170.00 in a research report on Monday, May 11th. Morgan Stanley lifted their price target on Akamai Technologies from $120.00 to $165.00 and gave the stock an "overweight" rating in a research note on Thursday, May 14th. Robert W. Baird reissued a "neutral" rating and issued a $110.00 price objective on shares of Akamai Technologies in a report on Thursday, April 2nd. Finally, Scotiabank upped their price objective on Akamai Technologies from $120.00 to $180.00 and gave the company a "sector outperform" rating in a research note on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Akamai Technologies presently has an average rating of "Hold" and an average target price of $145.29.

Akamai Technologies Stock Up 1.6%

Shares of AKAM stock opened at $143.55 on Thursday. Akamai Technologies, Inc. has a 1 year low of $69.78 and a 1 year high of $165.45. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06. The business's fifty day moving average is $114.42 and its 200-day moving average is $99.64. The stock has a market cap of $20.87 billion, a PE ratio of 48.33, a price-to-earnings-growth ratio of 4.50 and a beta of 0.45.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, meeting the consensus estimate of $1.61. The business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The company's revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.70 earnings per share. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. Equities analysts expect that Akamai Technologies, Inc. will post 3.93 earnings per share for the current fiscal year.

Akamai Technologies News Roundup

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

• Positive Sentiment: Akamai released research showing that DDoS and API attacks against financial services are becoming bigger, longer, and more complex, reinforcing demand for its cybersecurity products and highlighting the company’s relevance in a growing threat environment. Article: Financial Services at Risk: DDoS Attacks Are Bigger, Longer, and More Complex, Akamai Research Finds
• Positive Sentiment: The company launched “AI Brand Presence,” a new tool aimed at helping customers optimize content for AI search and agentic traffic, which could support future growth as more internet traffic shifts toward AI-driven discovery. Article: Akamai AI Brand Presence Optimizes Content and Raises Visibility in Agentic Search
• Neutral Sentiment: Scotiabank reiterated a positive view on Akamai, with a $180 price target and FY2027 EPS estimate of $4.13, suggesting analysts still see room for earnings growth. Article: FY2027 Earnings Estimate for AKAM Issued By Scotiabank
• Negative Sentiment: Akamai priced an upsized $3.0 billion convertible note offering, including $1.5 billion due 2030 and $1.5 billion due 2032, which raised investor concerns about dilution and added leverage even if the proceeds support strategic investments and AI infrastructure. Article: Akamai Announces Pricing of Upsized Offering of Convertible Senior Notes
• Negative Sentiment: Market commentary linked Akamai’s weakness to the convertible debt deal, with reports noting the stock dropped on the financing news, making this the most direct reason for recent pressure on the shares. Article: The $2.6 Billion Power Play: How Akamai Is Weaponizing Debt to Build the AI Edge

Insider Activity at Akamai Technologies

In other news, EVP Mani Sundaram sold 8,642 shares of the firm's stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $101.25, for a total transaction of $875,002.50. Following the completion of the transaction, the executive vice president owned 19,923 shares in the company, valued at approximately $2,017,203.75. This trade represents a 30.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Anthony P. Williams sold 15,000 shares of the business's stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the completion of the sale, the executive vice president owned 22,064 shares in the company, valued at $2,301,054.56. The trade was a 40.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 53,954 shares of company stock worth $5,511,371. Company insiders own 2.30% of the company's stock.

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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