Akamai Technologies (NASDAQ:AKAM) Stock Acquired Rep. Lisa C. McClain

Key Points

• Representative Lisa C. McClain purchased between $1,001 and $15,000 in shares of Akamai Technologies (NASDAQ:AKAM) on August 13th.
• Akamai Technologies reported better-than-expected earnings of $1.73 EPS, surpassing the consensus estimate of $1.55, with revenue reaching $1.04 billion for the quarter.
• Several institutional investors have recently increased their stakes in Akamai Technologies, with over 94% of the stock held by hedge funds and institutional investors.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Akamai Technologies, Inc. NASDAQ: AKAM. In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Akamai Technologies stock on August 13th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

Akamai Technologies Stock Performance

Shares of NASDAQ:AKAM traded down $0.81 during trading on Friday, hitting $76.28. 7,140,411 shares of the company were exchanged, compared to its average volume of 1,598,527. The company has a market cap of $10.94 billion, a PE ratio of 27.05, a P/E/G ratio of 3.71 and a beta of 0.77. The stock has a 50 day moving average of $76.90 and a 200 day moving average of $77.96. Akamai Technologies, Inc. has a 52-week low of $67.51 and a 52-week high of $106.80. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.31 and a quick ratio of 2.31.

Akamai Technologies (NASDAQ:AKAM - Get Free Report) last posted its earnings results on Thursday, August 7th. The technology infrastructure company reported $1.73 EPS for the quarter, topping the consensus estimate of $1.55 by $0.18. Akamai Technologies had a return on equity of 14.26% and a net margin of 10.40%.The business had revenue of $1.04 billion during the quarter, compared to analysts' expectations of $1.02 billion. During the same period in the previous year, the business earned $1.58 earnings per share. The firm's revenue was up 6.5% on a year-over-year basis. Akamai Technologies has set its FY 2025 guidance at 6.600-6.800 EPS. Q3 2025 guidance at 1.620-1.660 EPS. As a group, equities research analysts predict that Akamai Technologies, Inc. will post 4.6 EPS for the current year.

Institutional Trading of Akamai Technologies

Several large investors have recently modified their holdings of AKAM. Brighton Jones LLC boosted its position in Akamai Technologies by 101.4% during the 4th quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company's stock valued at $384,000 after acquiring an additional 2,022 shares in the last quarter. OMERS ADMINISTRATION Corp boosted its position in Akamai Technologies by 20.5% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 6,306 shares of the technology infrastructure company's stock valued at $603,000 after acquiring an additional 1,072 shares in the last quarter. Nuveen Asset Management LLC boosted its position in Akamai Technologies by 7.3% during the 4th quarter. Nuveen Asset Management LLC now owns 402,750 shares of the technology infrastructure company's stock valued at $38,523,000 after acquiring an additional 27,551 shares in the last quarter. Nissay Asset Management Corp Japan ADV boosted its position in Akamai Technologies by 5.3% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 36,274 shares of the technology infrastructure company's stock valued at $3,517,000 after acquiring an additional 1,819 shares in the last quarter. Finally, Mufg Securities Americas Inc. bought a new stake in Akamai Technologies during the 4th quarter valued at approximately $212,000. 94.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AKAM. Wall Street Zen upgraded shares of Akamai Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Piper Sandler lowered their price target on Akamai Technologies from $88.00 to $83.00 and set a "neutral" rating on the stock in a research report on Friday, August 8th. The Goldman Sachs Group assumed coverage on Akamai Technologies in a research report on Wednesday, August 13th. They set a "sell" rating and a $67.00 price target on the stock. Raymond James Financial lowered their price target on Akamai Technologies from $110.00 to $84.00 and set an "outperform" rating on the stock in a research report on Friday, August 8th. Finally, KeyCorp assumed coverage on Akamai Technologies in a report on Friday, June 6th. They issued an "underweight" rating and a $63.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Akamai Technologies presently has an average rating of "Hold" and a consensus target price of $92.39.

Insider Transactions at Akamai Technologies

In other news, CTO Robert Blumofe sold 3,000 shares of the business's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $77.00, for a total value of $231,000.00. Following the sale, the chief technology officer directly owned 27,910 shares of the company's stock, valued at $2,149,070. The trade was a 9.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Aaron Ahola sold 4,000 shares of the business's stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $75.76, for a total value of $303,040.00. Following the completion of the sale, the executive vice president directly owned 21,211 shares in the company, valued at approximately $1,606,945.36. This represents a 15.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 17,000 shares of company stock valued at $1,305,990 in the last ninety days. 2.00% of the stock is currently owned by corporate insiders.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Akamai Technologies

Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.