Nordea Investment Management AB Trims Stock Holdings in Akamai Technologies, Inc. $AKAM

Key Points

• Nordea Investment Management AB trimmed its stake in Akamai by 12.1% in Q4, selling 417,380 shares and now holds 3,020,092 shares (2.10%) valued at about $265.0 million.
• Akamai beat quarterly estimates with EPS of $1.84 vs. $1.75 and revenue of $1.09 billion (up 7.4% YoY), and set FY2026 guidance of $6.20–$7.20 EPS while the stock trades near $109 and a market cap of ~$15.9 billion.
• Market signals are mixed: analysts’ consensus is an average "Hold" with a $109.89 target (10 Buys, 9 Holds, 2 Sells), and insiders have been net sellers, offloading about 69,274 shares (~$7.0M) in the past 90 days.

Nordea Investment Management AB lessened its stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) by 12.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,020,092 shares of the technology infrastructure company's stock after selling 417,380 shares during the quarter. Nordea Investment Management AB owned 2.10% of Akamai Technologies worth $265,043,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Akamai Technologies by 295.3% during 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 period. Smartleaf Asset Management LLC grew its stake in shares of 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 buying an additional 289 shares in the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of Akamai Technologies by 130.0% in the 3rd 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 period. Atlantic Union Bankshares Corp acquired a new position in Akamai Technologies during the 3rd quarter worth about $30,000. Finally, CYBER HORNET ETFs LLC purchased a new position in Akamai Technologies during the 2nd quarter valued at about $32,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Akamai Technologies Trading Down 0.2%

NASDAQ AKAM opened at $109.74 on Friday. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.82. Akamai Technologies, Inc. has a 52 week low of $67.51 and a 52 week high of $113.50. The stock has a market capitalization of $15.91 billion, a PE ratio of 35.63, a price-to-earnings-growth ratio of 3.72 and a beta of 0.72. The firm has a 50 day moving average of $99.85 and a two-hundred day moving average of $87.98.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share for the quarter, beating analysts' consensus estimates of $1.75 by $0.09. The company had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $1.08 billion. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.Akamai Technologies's quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the firm earned $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 expect that Akamai Technologies, Inc. will post 4.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on AKAM. Jefferies Financial Group lowered shares of Akamai Technologies to an "underperform" rating in a research note on Monday, December 15th. Evercore upped their target price on shares of Akamai Technologies from $105.00 to $115.00 and gave the stock an "outperform" rating in a research note on Friday, February 20th. Raymond James Financial set a $120.00 target price on shares of Akamai Technologies in a report on Thursday, March 12th. Morgan Stanley raised their price target on shares of Akamai Technologies from $115.00 to $120.00 and gave the company an "overweight" rating in a research report on Friday, February 20th. Finally, Oppenheimer boosted their price target on shares of Akamai Technologies from $100.00 to $115.00 and gave the stock an "outperform" rating in a research note on Thursday, February 5th. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $109.89.

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, CAO Laura Howell sold 11,273 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $100.14, for a total value of $1,128,878.22. Following the transaction, the chief accounting officer directly owned 12,559 shares in the company, valued at $1,257,658.26. This represents a 47.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Mani Sundaram sold 1,722 shares of the firm's stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $98.58, for a total transaction of $169,754.76. Following the sale, the executive vice president directly owned 21,647 shares in the company, valued at approximately $2,133,961.26. The trade was a 7.37% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 69,274 shares of company stock worth $6,969,557. 2.00% of the stock is currently owned by corporate insiders.

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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