Natixis Advisors LLC Acquires 55,683 Shares of Akamai Technologies, Inc. $AKAM

Natixis Advisors LLC increased its holdings in shares of Akamai Technologies, Inc. (NASDAQ:AKAMFree Report) by 19.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 336,305 shares of the technology infrastructure company’s stock after purchasing an additional 55,683 shares during the period. Natixis Advisors LLC’s holdings in Akamai Technologies were worth $29,343,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. JFS Wealth Advisors LLC lifted its holdings in shares of Akamai Technologies by 626.2% during the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after purchasing an additional 263 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Akamai Technologies by 566.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 289 shares in the last quarter. TD Waterhouse Canada Inc. lifted its holdings in shares of Akamai Technologies by 130.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 195 shares in the last quarter. Root Financial Partners LLC lifted its holdings in shares of Akamai Technologies by 45.8% during the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after purchasing an additional 110 shares in the last quarter. Finally, WealthCollab LLC lifted its holdings in shares of 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 purchasing an additional 239 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AKAM. Bank of America upgraded Akamai Technologies from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $130.00 to $175.00 in a report on Wednesday, May 13th. KeyCorp lifted their price objective on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Scotiabank lifted their price objective on Akamai Technologies from $120.00 to $180.00 and gave the company a “sector outperform” rating in a report on Friday, May 8th. Royal Bank Of Canada lifted their price objective on Akamai Technologies from $100.00 to $150.00 and gave the company a “sector perform” rating in a report on Friday, May 8th. Finally, Robert W. Baird reiterated a “neutral” rating and set a $110.00 price objective on shares of Akamai Technologies in a report on Thursday, April 2nd. Twelve investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Akamai Technologies has an average rating of “Hold” and an average price target of $145.29.

Get Our Latest Stock Report on AKAM

Insider Activity at Akamai Technologies

In other Akamai Technologies news, EVP Mani Sundaram sold 1,722 shares of the business’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 transaction, the executive vice president owned 21,647 shares of the company’s stock, valued at $2,133,961.26. The trade was a 7.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 value of $1,564,350.00. Following the transaction, the executive vice president directly owned 22,064 shares in the company, valued at $2,301,054.56. This trade represents a 40.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.30% of the stock is owned by insiders.

Akamai Technologies News Roundup

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

Akamai Technologies Stock Down 0.9%

NASDAQ:AKAM opened at $158.98 on Friday. The firm has a market capitalization of $23.11 billion, a price-to-earnings ratio of 53.53, a price-to-earnings-growth ratio of 5.06 and a beta of 0.60. Akamai Technologies, Inc. has a twelve month low of $69.78 and a twelve month high of $165.45. The stock’s 50 day moving average price is $123.77 and its two-hundred day moving average price is $105.03. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.84.

Akamai Technologies (NASDAQ:AKAMGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, hitting the consensus estimate of $1.61. The firm had revenue of $1.07 billion for 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 business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.70 EPS. 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 research analysts expect that Akamai Technologies, Inc. will post 3.89 earnings per share for the current fiscal year.

Akamai Technologies Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Akamai Technologies (NASDAQ:AKAM)

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