Akamai Technologies (NASDAQ:AKAM) Reaches New 1-Year High on Analyst Upgrade

Akamai Technologies, Inc. (NASDAQ:AKAM) shares hit a new 52-week high during trading on Thursday after DA Davidson raised their price target on the stock from $115.00 to $125.00. DA Davidson currently has a buy rating on the stock. Akamai Technologies traded as high as $105.71 and last traded at $104.9840, with a volume of 2147863 shares changing hands. The stock had previously closed at $94.80.

AKAM has been the subject of several other reports. Citigroup increased their price objective on Akamai Technologies from $88.00 to $103.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a report on Monday, December 29th. The Goldman Sachs Group increased their price target on Akamai Technologies from $67.00 to $69.00 and gave the stock a “sell” rating in a report on Friday, November 7th. Royal Bank Of Canada raised their price objective on Akamai Technologies from $80.00 to $90.00 and gave the stock a “sector perform” rating in a research report on Monday, January 5th. Finally, Wall Street Zen cut shares of Akamai Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Seven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Akamai Technologies has a consensus rating of “Hold” and an average price target of $97.50.

Insider Activity

In other news, EVP Mani Sundaram sold 10,438 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $89.25, for a total value of $931,591.50. Following the completion of the transaction, the executive vice president owned 13,550 shares of the company’s stock, valued at approximately $1,209,337.50. This trade represents a 43.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Paul C. Joseph sold 5,000 shares of Akamai Technologies stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $90.17, for a total transaction of $450,850.00. Following the completion of the transaction, the executive vice president owned 17,513 shares of the company’s stock, valued at $1,579,147.21. This trade represents a 22.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 32,318 shares of company stock worth $2,967,254 in the last quarter. Insiders own 2.00% of the company’s stock.

Trending Headlines about Akamai Technologies

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

• Positive Sentiment: DA Davidson raised its price target to $125 and kept a “buy” rating, signaling analyst conviction and adding upside potential relative to the current price. DA Davidson Raises PT
• Positive Sentiment: Zacks highlighted Akamai as a big mover on higher-than-average volume and noted favorable earnings-estimate revision trends — a catalyst that often supports further near-term gains. Zacks: Strength Seen
• Positive Sentiment: Market commentary and retail-focused pieces pointed to a strong one-day move (articles note ~9–10% jumps), which can attract momentum investors and trigger additional buying. AAII: Why AKAM Is Up
• Positive Sentiment: Shares recently hit a 52-week high, a technical signal that can draw more attention from trend-following funds. Investing.com: 52-Week High
• Neutral Sentiment: Akamai is scheduled to report earnings soon; previews and estimate summaries are circulating — the report could amplify today’s move either way. Earnings Preview
• Neutral Sentiment: Public short-interest data in recent reports appears to show zeros/NaN (likely a reporting anomaly), so there’s no clear short-covering signal to explain the volume spike. (Watch official exchanges for corrected short-interest figures.)
• Negative Sentiment: CTO Robert Blumofe sold 3,500 shares at about $108, reducing his stake ~19%. Insider selling can be perceived negatively by some investors even when routine. SEC Form 4

Hedge Funds Weigh In On Akamai Technologies

Institutional investors have recently modified their holdings of the business. Rubric Capital Management LP purchased a new stake in shares of Akamai Technologies during the fourth quarter worth $104,700,000. Commerce Bank grew its stake in Akamai Technologies by 1.8% during the 4th quarter. Commerce Bank now owns 14,747 shares of the technology infrastructure company’s stock worth $1,287,000 after purchasing an additional 257 shares in the last quarter. C M Bidwell & Associates Ltd. increased its holdings in Akamai Technologies by 10,406.3% during the 4th quarter. C M Bidwell & Associates Ltd. now owns 3,362 shares of the technology infrastructure company’s stock worth $293,000 after purchasing an additional 3,330 shares during the period. Bridgefront Capital LLC acquired a new stake in Akamai Technologies in the 4th quarter valued at about $1,214,000. Finally, Glazer Capital LLC acquired a new stake in Akamai Technologies in the 4th quarter valued at about $428,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Akamai Technologies Trading Up 6.8%

The company’s fifty day moving average is $91.57 and its two-hundred day moving average is $83.00. The stock has a market cap of $16.08 billion, a price-to-earnings ratio of 32.77, a PEG ratio of 3.22 and a beta of 0.70. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.87.

About Akamai Technologies

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.