Invenomic Capital Management LP Has $37.81 Million Position in Akamai Technologies, Inc. $AKAM

Invenomic Capital Management LP boosted its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM) by 16.6% during the 3rd quarter, Holdings Channel reports. The fund owned 499,097 shares of the technology infrastructure company’s stock after acquiring an additional 71,173 shares during the quarter. Akamai Technologies comprises 1.8% of Invenomic Capital Management LP’s portfolio, making the stock its 10th largest holding. Invenomic Capital Management LP’s holdings in Akamai Technologies were worth $37,812,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Siemens Fonds Invest GmbH grew its position in Akamai Technologies by 8.3% in the 3rd quarter. Siemens Fonds Invest GmbH now owns 2,043 shares of the technology infrastructure company’s stock valued at $155,000 after buying an additional 156 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Akamai Technologies by 24.3% in the third quarter. Hantz Financial Services Inc. now owns 830 shares of the technology infrastructure company’s stock valued at $63,000 after acquiring an additional 162 shares in the last quarter. Main Management ETF Advisors LLC increased its stake in shares of Akamai Technologies by 1.7% during the second quarter. Main Management ETF Advisors LLC now owns 11,728 shares of the technology infrastructure company’s stock valued at $935,000 after acquiring an additional 192 shares during the period. Metis Global Partners LLC raised its holdings in Akamai Technologies by 1.9% during the third quarter. Metis Global Partners LLC now owns 10,486 shares of the technology infrastructure company’s stock worth $794,000 after purchasing an additional 192 shares in the last quarter. Finally, TD Waterhouse Canada Inc. lifted its position in Akamai Technologies by 130.0% in the third quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 195 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Insider Transactions at Akamai Technologies

In other Akamai Technologies news, EVP Paul C. Joseph sold 5,000 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $90.17, for a total transaction of $450,850.00. Following the sale, the executive vice president owned 17,513 shares in the company, valued at approximately $1,579,147.21. The trade was a 22.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jon Miller sold 11,000 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $102.67, for a total transaction of $1,129,370.00. Following the sale, the director directly owned 22,806 shares of the company’s stock, valued at $2,341,492.02. This represents a 32.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 69,274 shares of company stock worth $6,969,557 in the last three months. Insiders own 2.00% of the company’s stock.

Akamai Technologies Stock Performance

AKAM opened at $107.67 on Monday. The firm has a market cap of $15.61 billion, a PE ratio of 34.96, a P/E/G ratio of 3.63 and a beta of 0.72. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.82. The business has a fifty day simple moving average of $97.79 and a 200-day simple moving average of $87.01. Akamai Technologies, Inc. has a fifty-two week low of $67.51 and a fifty-two week high of $113.50.

Akamai Technologies (NASDAQ:AKAM) last issued its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.75 by $0.09. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the previous year, the firm posted $1.66 EPS. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. As a group, equities analysts predict that Akamai Technologies, Inc. will post 4.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

AKAM has been the topic of several research analyst reports. Susquehanna lifted their price target on Akamai Technologies from $105.00 to $120.00 and gave the company a “positive” rating in a research report on Friday, February 20th. The Goldman Sachs Group raised their target price on Akamai Technologies from $69.00 to $76.00 and gave the company a “sell” rating in a research note on Friday, February 20th. Jefferies Financial Group lowered Akamai Technologies to an “underperform” rating in a report on Monday, December 15th. Morgan Stanley boosted their price target on shares of Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Finally, KeyCorp upped their price target on shares of Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Ten analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $109.89.

Akamai Technologies 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.