UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $79.66 Million Stock Holdings in Akamai Technologies, Inc. $AKAM

Key Points

• UBS Asset Management reduced its Akamai Technologies stake by 2.7% in the second quarter, selling 19,041 shares and retaining 673,851 shares valued at approximately $79.66 million. Institutional investors collectively own 94.28% of the company.
• Akamai reported quarterly EPS of $1.59, exceeding estimates of $1.57, while revenue rose 5.4% year over year to $1.10 billion. The company issued third-quarter 2026 EPS guidance of $1.60–$1.80.
• Analyst sentiment remains mixed, with 13 Buy, nine Hold and two Sell ratings; the consensus rating is Hold with an average price target of $143.43, versus a recent share price of $105.09.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM - Free Report) by 2.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 673,851 shares of the technology infrastructure company's stock after selling 19,041 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.47% of Akamai Technologies worth $79,656,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AKAM. New Mexico Educational Retirement Board lifted its holdings in Akamai Technologies by 7.5% during the 2nd quarter. New Mexico Educational Retirement Board now owns 7,148 shares of the technology infrastructure company's stock valued at $845,000 after purchasing an additional 500 shares during the last quarter. Mufg Securities Americas Inc. lifted its stake in shares of Akamai Technologies by 10.0% during the second quarter. Mufg Securities Americas Inc. now owns 4,379 shares of the technology infrastructure company's stock valued at $518,000 after acquiring an additional 398 shares during the period. Beacon Pointe Advisors LLC acquired a new position in Akamai Technologies during the 2nd quarter valued at about $606,000. Rakuten Investment Management Inc. acquired a new position in Akamai Technologies in the second quarter valued at approximately $1,754,000. Finally, North Star Asset Management Inc. acquired a new position in shares of Akamai Technologies in the 2nd quarter valued at $9,402,000. 94.28% of the stock is owned by institutional investors.

Akamai Technologies Stock Down 1.3%

AKAM stock opened at $105.09 on Thursday. Akamai Technologies, Inc. has a 12 month low of $70.82 and a 12 month high of $165.45. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $15.10 billion, a P/E ratio of 37.80, a price-to-earnings-growth ratio of 4.90 and a beta of 0.63. The firm has a 50-day moving average price of $116.26 and a 200-day moving average price of $118.10.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.02. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The company's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.73 earnings per share. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. As a group, equities research analysts anticipate that Akamai Technologies, Inc. will post 3.66 EPS for the current fiscal year.

Insider Buying and Selling

In other Akamai Technologies news, EVP Kim Salem-Jackson sold 2,300 shares of the company's stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the sale, the executive vice president owned 59,210 shares in the company, valued at approximately $8,027,099.70. The trade was a 3.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the company's stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the completion of the sale, the chief technology officer directly owned 31,006 shares in the company, valued at approximately $4,012,486.46. This represents a 0.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.30% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on AKAM shares. Craig Hallum upgraded Akamai Technologies from a "hold" rating to a "buy" rating and set a $190.00 target price on the stock in a research note on Friday, May 8th. The Goldman Sachs Group upped their target price on shares of Akamai Technologies from $76.00 to $87.00 and gave the company a "sell" rating in a report on Friday, May 8th. Guggenheim raised their price target on Akamai Technologies from $181.00 to $190.00 and gave the company a "buy" rating in a report on Friday, August 7th. Raymond James Financial raised their price objective on shares of Akamai Technologies from $140.00 to $170.00 in a research report on Monday, May 11th. Finally, HSBC cut shares of Akamai Technologies from a "buy" rating to a "hold" rating and reduced their target price for the company from $171.00 to $123.00 in a research report on Monday, August 10th. Thirteen research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Akamai Technologies currently has an average rating of "Hold" and a consensus target price of $143.43.

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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