Empowered Funds LLC Invests $11.12 Million in Akamai Technologies, Inc. $AKAM

Empowered Funds LLC bought a new stake in Akamai Technologies, Inc. (NASDAQ:AKAM) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 94,107 shares of the technology infrastructure company’s stock, valued at approximately $11,124,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Silvant Capital Management LLC acquired a new position in Akamai Technologies during the second quarter worth about $32,000. Sarver Vrooman Wealth Advisors acquired a new stake in Akamai Technologies in the 4th quarter valued at about $31,000. Root Financial Partners LLC lifted its stake in Akamai Technologies by 45.8% in the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock worth $31,000 after purchasing an additional 110 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in Akamai Technologies in the 2nd quarter worth approximately $32,000. Finally, Cedar Mountain Advisors LLC acquired a new position in shares of Akamai Technologies during the 1st quarter worth approximately $47,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Akamai Technologies Trading Down 3.4%

AKAM opened at $107.47 on Friday. The stock has a market capitalization of $15.45 billion, a PE ratio of 38.66, a P/E/G ratio of 4.95 and a beta of 0.63. Akamai Technologies, Inc. has a one year low of $70.82 and a one year high of $165.45. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64. The business’s 50 day moving average price is $117.06 and its 200 day moving average price is $117.75.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.02. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The company’s revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.73 EPS. 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 expect that Akamai Technologies, Inc. will post 3.66 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Scotiabank increased their price target on Akamai Technologies from $120.00 to $180.00 and gave the company a “sector outperform” rating in a report on Friday, May 8th. Craig Hallum raised Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a research note on Friday, May 8th. Bank of America upgraded Akamai Technologies from a “neutral” rating to a “buy” rating and upped their target price for the company from $130.00 to $175.00 in a report on Wednesday, May 13th. Citigroup lifted their price target on Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a report on Friday, May 15th. Finally, Royal Bank Of Canada lowered their price target on shares of Akamai Technologies from $150.00 to $135.00 and set a “sector perform” rating on the stock in a research report on Friday, August 7th. Twelve research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Akamai Technologies presently has a consensus rating of “Hold” and a consensus target price of $144.14.

Insider Transactions at Akamai Technologies

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

Key Akamai Technologies News

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

• Positive Sentiment: Zacks raised its EPS forecasts for Q3 2026 to $1.00 from $0.99, Q4 2026 to $1.12 from $1.07, Q1 2027 to $0.87 from $0.79, Q4 2027 to $1.09 from $1.08, and Q1 2028 to $1.03 from $1.02. These revisions provide some support for the near-term earnings outlook. Akamai Technologies analyst estimates
• Neutral Sentiment: Implied volatility for Akamai stock options has surged, indicating that traders expect larger-than-usual movement in AKAM shares. However, options-market volatility does not establish whether the next move will be higher or lower. Implied Volatility Surging for Akamai Stock Options
• Negative Sentiment: Zacks lowered its EPS outlook for FY2026 to $3.79 from $3.90 and FY2027 to $3.92 from $3.98. It also cut Q2 2027 EPS to $0.83 from $0.96, Q3 2027 to $1.13 from $1.15, and FY2028 to $4.69 from $4.70. The reductions suggest slower expected profit growth and likely contribute to the weaker investor sentiment.

Akamai Technologies Company 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.