8,221 Akamai Technologies, Inc. $AKAM Shares Acquired by Keybank National Association OH

Keybank National Association OH boosted its holdings in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 138.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,168 shares of the technology infrastructure company’s stock after acquiring an additional 8,221 shares during the period. Keybank National Association OH’s holdings in Akamai Technologies were worth $1,507,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AKAM. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Akamai Technologies in the second quarter worth about $222,046,000. William Blair Investment Management LLC bought a new position in shares of Akamai Technologies during the 2nd quarter valued at about $181,508,000. Legal & General Group Plc bought a new position in shares of Akamai Technologies during the 2nd quarter valued at about $159,564,000. Atreides Management LP acquired a new position in shares of Akamai Technologies in the 2nd quarter valued at approximately $107,640,000. Finally, Southpoint Capital Advisors LP acquired a new position in shares of Akamai Technologies in the 1st quarter valued at approximately $91,880,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Akamai Technologies Stock Down 1.3%

Shares of NASDAQ:AKAM traded down $1.16 during mid-day trading on Friday, reaching $85.40. 5,111,297 shares of the stock were exchanged, compared to its average volume of 6,893,247. The stock’s 50 day simple moving average is $99.32 and its 200-day simple moving average is $111.91. Akamai Technologies, Inc. has a one year low of $77.37 and a one year high of $165.45. The company has a market cap of $12.32 billion, a P/E ratio of 33.10, a P/E/G ratio of 2.99 and a beta of 0.65. The company has a quick ratio of 1.64, a current ratio of 2.13 and a debt-to-equity ratio of 1.25.

Akamai Technologies (NASDAQ:AKAM) last released its earnings results on Thursday, November 5th. The technology infrastructure company reported $1.77 EPS for the quarter, beating the consensus estimate of $1.67 by $0.10. Akamai Technologies had a return on equity of 10.88% and a net margin of 8.84%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the previous year, the business posted $1.86 EPS. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. 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 predict that Akamai Technologies, Inc. will post 3.57 EPS for the current year.

Latest Akamai Technologies News

Investors following AKAM have been watching these news items:

• Positive Sentiment: CEO F. Leighton bought 30,000 shares for about $2.55 million at an average of $85.08, increasing his direct ownership by 1.19%. The sizable insider purchase may signal confidence in Akamai’s prospects. SEC filing
• Neutral Sentiment: Akamai closed a $2.5 billion private convertible-note offering: $1.25 billion due in 2028 and $1.25 billion due in 2031, each with a 1% coupon. The financing supports its cloud buildout, but conversion could dilute shareholders and the notes add future obligations. Akamai convertible-note offering
• Negative Sentiment: Scotiabank lowered its 2026 EPS estimate to $3.47 from $3.55. It retained a Sector Outperform rating and a $120 price target, but the earnings cut may add pressure amid broader analyst concerns. Analyst view on Akamai

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Scotiabank lowered their target price on Akamai Technologies from $180.00 to $120.00 and set a “sector outperform” rating for the company in a research note on Friday, November 6th. FBN Securities reiterated an “outperform” rating and issued a $120.00 price target on shares of Akamai Technologies in a report on Friday, November 6th. Wall Street Zen upgraded shares of Akamai Technologies from a “sell” rating to a “hold” rating in a report on Saturday, October 17th. KeyCorp lowered their price objective on shares of Akamai Technologies from $195.00 to $175.00 and set an “overweight” rating for the company in a research report on Friday, November 6th. Finally, Royal Bank Of Canada dropped their price objective on shares of Akamai Technologies from $135.00 to $85.00 and set a “sector perform” rating on the stock in a report on Friday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $135.09.

Insider Buying and Selling at Akamai Technologies

In related news, EVP Kim Salem-Jackson sold 2,013 shares of the firm’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $128.00, for a total value of $257,664.00. Following the completion of the transaction, the executive vice president owned 57,197 shares of the company’s stock, valued at approximately $7,321,216. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 Mani Sundaram sold 7,022 shares of Akamai Technologies stock in a transaction on Friday, September 25th. The shares were sold at an average price of $125.62, for a total transaction of $882,103.64. Following the completion of the sale, the executive vice president owned 14,625 shares in the company, valued at $1,837,192.50. The trade was a 32.44% 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. In the last three months, insiders sold 12,135 shares of company stock worth $1,467,221. Company insiders own 2.30% of the company’s stock.

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.