Grantham Mayo Van Otterloo & Co. LLC Buys 74,791 Shares of Akamai Technologies, Inc. $AKAM

Key Points

• Grantham Mayo Van Otterloo & Co. boosted its stake in Akamai by 42.4%, buying 74,791 shares to hold 251,322 shares (about 0.17% of the company) valued at ~$19.04 million at quarter-end.
• Akamai beat quarterly estimates with EPS of $1.84 (vs. $1.75 est.) and $1.09B revenue, and set FY2026 guidance of $6.20–$7.20 EPS and Q1 guidance of $1.50–$1.67.
• Institutional ownership is high at 94.28% with major moves from funds like DLD (20M shares) and Norges Bank, while analysts are mixed (10 Buy, 9 Hold, 2 Sell) and the average target price is $108.84.

Grantham Mayo Van Otterloo & Co. LLC boosted its stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) by 42.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 251,322 shares of the technology infrastructure company's stock after acquiring an additional 74,791 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned 0.17% of Akamai Technologies worth $19,040,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. DLD Asset Management LP boosted its holdings in shares of Akamai Technologies by 60.0% during the 2nd quarter. DLD Asset Management LP now owns 20,000,000 shares of the technology infrastructure company's stock valued at $1,595,200,000 after purchasing an additional 7,500,000 shares during the last quarter. Norges Bank bought a new stake in shares of Akamai Technologies in the second quarter worth about $266,817,000. Nordea Investment Management AB increased its holdings in shares of Akamai Technologies by 39.9% in the third quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company's stock worth $258,739,000 after purchasing an additional 980,966 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Akamai Technologies by 35.6% in the third quarter. Dimensional Fund Advisors LP now owns 2,331,333 shares of the technology infrastructure company's stock worth $176,626,000 after buying an additional 612,071 shares in the last quarter. Finally, Edmond DE Rothschild Holding S.A. boosted its stake in Akamai Technologies by 12.1% during the second quarter. Edmond DE Rothschild Holding S.A. now owns 2,786,084 shares of the technology infrastructure company's stock valued at $222,218,000 after buying an additional 301,423 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on AKAM shares. Piper Sandler raised their price target on Akamai Technologies from $89.00 to $97.00 and gave the company a "neutral" rating in a report on Monday, February 23rd. Evercore upped their price objective on Akamai Technologies from $105.00 to $115.00 and gave the stock an "outperform" rating in a report on Friday, February 20th. Craig Hallum increased their target price on Akamai Technologies from $90.00 to $100.00 and gave the company a "hold" rating in a research report on Friday, February 20th. Wall Street Zen lowered shares of Akamai Technologies from a "buy" rating to a "hold" rating in a report on Saturday, January 31st. Finally, Citigroup boosted 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. Ten analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $108.84.

Akamai Technologies Trading Down 1.1%

AKAM opened at $99.89 on Monday. The stock has a 50-day moving average of $95.98 and a 200 day moving average of $86.02. 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 12 month low of $67.51 and a 12 month high of $113.50. The firm has a market cap of $14.47 billion, a P/E ratio of 32.43, a P/E/G ratio of 3.37 and a beta of 0.72.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last issued its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.75 by $0.09. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The company's quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.66 earnings per share. 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. As a group, research analysts forecast that Akamai Technologies, Inc. will post 4.6 EPS for the current year.

Insider Activity

In other Akamai Technologies news, EVP Paul C. Joseph sold 5,000 shares of Akamai Technologies stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $90.17, for a total transaction of $450,850.00. Following the completion of the transaction, the executive vice president directly owned 17,513 shares of the company's stock, valued at $1,579,147.21. The trade was a 22.21% 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, Director Jon Miller sold 11,000 shares of the business's stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $102.67, for a total transaction of $1,129,370.00. Following the transaction, the director owned 22,806 shares in the company, valued at $2,341,492.02. This trade represents a 32.54% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 59,112 shares of company stock worth $5,812,929. Company insiders own 2.00% of the company's stock.

About Akamai Technologies

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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