Akamai Technologies, Inc. $AKAM Stake Increased by Brighton Jones LLC

Brighton Jones LLC grew its stake in Akamai Technologies, Inc. (NASDAQ:AKAM) by 45.0% in the third quarter, Holdings Channel reports. The fund owned 23,388 shares of the technology infrastructure company’s stock after purchasing an additional 7,254 shares during the period. Brighton Jones LLC’s holdings in Akamai Technologies were worth $2,263,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Dimensional Fund Advisors LP increased its position in Akamai Technologies by 11.2% during the first quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock worth $397,881,000 after purchasing an additional 349,451 shares during the last quarter. Edmond DE Rothschild Holding S.A. acquired a new position in Akamai Technologies in the 2nd quarter valued at about $222,046,000. Pictet Asset Management Holding SA boosted its holdings in Akamai Technologies by 3.6% in the 3rd quarter. Pictet Asset Management Holding SA now owns 1,731,292 shares of the technology infrastructure company’s stock valued at $184,215,000 after purchasing an additional 59,453 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in shares of Akamai Technologies in the 2nd quarter valued at approximately $181,508,000. Finally, Legal & General Group Plc purchased a new stake in shares of Akamai Technologies in the 2nd quarter valued at approximately $159,564,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

More Akamai Technologies News

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

• Positive Sentiment: Akamai’s cloud infrastructure push could support future growth. Its latest reported quarter also showed adjusted earnings of $1.77 per share, above the $1.67 consensus, while revenue grew 6.4% year over year to $1.12 billion. Akamai Earnings Call Signals Cloud Infrastructure Breakout
• Neutral Sentiment: Akamai amended its credit agreement to adjust financial covenants. The announcement provides no details on the revised terms, but it comes as the company finances its infrastructure plans. Akamai Amends Credit Agreement to Adjust Financial Covenants
• Negative Sentiment: Akamai proposed issuing $2.2 billion of convertible senior notes—$1.1 billion due in 2028 and $1.1 billion due in 2031—to refinance debt and fund cloud infrastructure spending. The deal adds financing risk and could dilute shareholders if notes convert. Akamai Announces Proposed Offering of Convertible Senior Notes
• Negative Sentiment: Moody’s and S&P downgraded Akamai, citing debt-funded investment in AI infrastructure, heightening concerns about leverage and credit quality. Moody’s and S&P downgrade Akamai on debt-fueled AI infrastructure buildout
• Negative Sentiment: Analysts have cut price targets. Robert W. Baird lowered its target from $140 to $92 and moved to a neutral rating; KeyCorp, DA Davidson and Susquehanna also reportedly reduced targets. Baird price-target update

Akamai Technologies Price Performance

Akamai Technologies stock opened at $80.29 on Tuesday. The company’s 50 day simple moving average is $101.01 and its 200-day simple moving average is $112.17. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64. Akamai Technologies, Inc. has a 1 year low of $77.37 and a 1 year high of $165.45. The company has a market capitalization of $11.54 billion, a price-to-earnings ratio of 31.12, a price-to-earnings-growth ratio of 4.05 and a beta of 0.65.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings data on Thursday, November 5th. The technology infrastructure company reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.10. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the company posted $1.86 EPS. Akamai Technologies has set its FY 2026 guidance at 6.470-6.680 EPS and its Q4 2026 guidance at 1.500-1.700 EPS. As a group, equities research analysts expect that Akamai Technologies, Inc. will post 3.58 earnings per share for the current year.

Insider Activity

In related news, EVP Mani Sundaram sold 7,022 shares of the stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $125.62, for a total transaction of $882,103.64. Following the transaction, the executive vice president owned 14,625 shares of the company’s stock, valued at approximately $1,837,192.50. This represents a 32.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,013 shares of the firm’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $128.00, for a total value of $257,664.00. Following the transaction, the executive vice president owned 57,197 shares of the company’s stock, valued at $7,321,216. This trade represents a 3.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 12,135 shares of company stock valued at $1,467,221. 2.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Guggenheim restated a “buy” rating on shares of Akamai Technologies in a report on Friday, October 30th. President Capital upped their price objective on Akamai Technologies from $150.00 to $168.00 and gave the company a “buy” rating in a report on Wednesday, September 30th. KeyCorp lowered their price objective on Akamai Technologies from $195.00 to $175.00 and set an “overweight” rating for the company in a research report on Friday. HSBC cut Akamai Technologies from a “buy” rating to a “hold” rating and cut their target price for the stock from $171.00 to $123.00 in a research note on Monday, August 10th. Finally, UBS Group reduced their target price on Akamai Technologies from $100.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $137.82.

Akamai Technologies Company Profile

Akamai Technologies is a technology company that provides cloud computing, cybersecurity and content delivery services. Its distributed platform helps businesses deliver digital content and applications, protect online operations and run workloads closer to users and devices.

The company’s offerings include web and application performance services, protection against cyberattacks, application and API security, and cloud infrastructure through Akamai Connected Cloud. Its services support organizations seeking to improve the speed, availability and security of their websites, applications and online services.

Founded in 1998, Akamai grew from a content delivery network provider into a broader cloud and security company.