Fox Run Management L.L.C. Sells 4,463 Shares of Akamai Technologies, Inc. $AKAM

Fox Run Management L.L.C. decreased its position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 23.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,681 shares of the technology infrastructure company’s stock after selling 4,463 shares during the quarter. Fox Run Management L.L.C.’s holdings in Akamai Technologies were worth $1,281,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Grantham Mayo Van Otterloo & Co. LLC lifted its position in Akamai Technologies by 42.4% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 251,322 shares of the technology infrastructure company’s stock worth $19,040,000 after purchasing an additional 74,791 shares during the period. New York Life Investment Management LLC lifted its position in Akamai Technologies by 71.5% during the third quarter. New York Life Investment Management LLC now owns 34,051 shares of the technology infrastructure company’s stock worth $2,580,000 after purchasing an additional 14,192 shares during the period. HighTower Advisors LLC lifted its position in Akamai Technologies by 132.4% during the fourth quarter. HighTower Advisors LLC now owns 25,960 shares of the technology infrastructure company’s stock worth $2,265,000 after purchasing an additional 14,792 shares during the period. Invenomic Capital Management LP lifted its position in Akamai Technologies by 16.6% during the third quarter. Invenomic Capital Management LP now owns 499,097 shares of the technology infrastructure company’s stock worth $37,812,000 after purchasing an additional 71,173 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its position in Akamai Technologies by 88.2% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 461,461 shares of the technology infrastructure company’s stock worth $40,262,000 after purchasing an additional 216,222 shares during the period. Institutional investors own 94.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Scotiabank boosted their target price on Akamai Technologies from $120.00 to $180.00 and gave the stock a “sector outperform” rating in a research note on Friday, May 8th. Guggenheim boosted their target price on Akamai Technologies from $133.00 to $181.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. HSBC boosted their target price on Akamai Technologies from $134.00 to $171.00 in a research note on Monday, May 11th. Robert W. Baird reissued a “neutral” rating and set a $110.00 target price on shares of Akamai Technologies in a research note on Thursday, April 2nd. Finally, Bank of America raised Akamai Technologies from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $130.00 to $175.00 in a research note on Wednesday, May 13th. Twelve analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $145.29.

Akamai Technologies Stock Performance

NASDAQ:AKAM opened at $137.81 on Wednesday. The stock has a market cap of $20.03 billion, a P/E ratio of 46.40, a price-to-earnings-growth ratio of 4.48 and a beta of 0.60. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.84. The stock’s 50-day moving average is $125.33 and its 200-day moving average is $106.20. Akamai Technologies, Inc. has a 1-year low of $69.78 and a 1-year high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, hitting the consensus estimate of $1.61. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.70 earnings per share. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. Equities research analysts anticipate that Akamai Technologies, Inc. will post 3.89 earnings per share for the current year.

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.