PensionDanmark Pensionsforsikringsaktieselskab Sells 19,701 Shares of Akamai Technologies, Inc. $AKAM

PensionDanmark Pensionsforsikringsaktieselskab cut its holdings in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 65.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,613 shares of the technology infrastructure company’s stock after selling 19,701 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Akamai Technologies were worth $1,255,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AKAM. Sarver Vrooman Wealth Advisors bought a new position in Akamai Technologies in the 4th quarter worth approximately $31,000. Root Financial Partners LLC raised its holdings in Akamai Technologies by 45.8% during the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after acquiring an additional 110 shares during the period. CYBER HORNET ETFs LLC bought a new stake in Akamai Technologies during the 2nd quarter valued at $32,000. WealthCollab LLC lifted its position in shares of Akamai Technologies by 154.2% during the fourth quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock worth $34,000 after acquiring an additional 239 shares in the last quarter. Finally, Align Financial LLC purchased a new stake in shares of Akamai Technologies during the fourth quarter worth $34,000. Institutional investors own 94.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a research report on Wednesday, June 24th. Evercore started coverage on Akamai Technologies in a report on Tuesday, April 14th. They set an “outperform” rating and a $130.00 price objective on the stock. TD Cowen raised their target price on Akamai Technologies from $135.00 to $140.00 and gave the stock a “hold” rating in a research note on Friday. UBS Group raised their target price on Akamai Technologies from $125.00 to $143.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, The Goldman Sachs Group lifted their target price on Akamai Technologies from $76.00 to $87.00 and gave the company a “sell” rating in a report on Friday, May 8th. Twelve research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $141.38.

Insiders Place Their Bets

In other news, EVP Kim Salem-Jackson sold 2,300 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total transaction of $311,811.00. Following the sale, the executive vice president owned 59,210 shares in the company, valued at approximately $8,027,099.70. This trade represents a 3.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total value of $31,446.63. Following the completion of the transaction, the chief technology officer directly owned 31,006 shares in the company, valued at approximately $4,012,486.46. This represents a 0.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is owned by corporate insiders.

Akamai Technologies News Roundup

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

• Positive Sentiment: Jim Cramer highlighted Akamai’s business transformation, including its cloud pivot and potential benefits from supporting robotics and AI workloads. The commentary reinforces the view that Akamai could achieve faster growth from higher-value infrastructure services. Jim Cramer Examines Akamai Technologies’ Cloud Pivot and Robotics Win
• Positive Sentiment: Some analysts remain constructive: Susquehanna retained a positive rating despite reducing its price target to $140, while separate coverage raised Akamai price targets to $140 and $190. The targets imply meaningful potential upside from the latest quoted share price. Susquehanna Akamai Price Target Akamai Price Target Raised to $140 Akamai Price Target Raised to $190
• Neutral Sentiment: Akamai’s latest earnings showed a modest quarterly beat, with adjusted earnings of $1.59 per share versus $1.57 expected and revenue of approximately $1.10 billion versus $1.09 billion expected. Revenue increased 5.4% year over year, though the AI and cloud expansion requires substantial investment. Akamai Earnings Call: Heavy Investment Fuels AI Pivot
• Negative Sentiment: Analyst caution remains a headwind. HSBC reportedly cut its rating, while Piper Sandler and Royal Bank of Canada lowered their price targets to $140 and $135, respectively. An earlier analyst downgrade contributed to a sharp selloff, underscoring concerns about valuation and the pace of growth. HSBC Rating Cut Piper Sandler Cuts Price Target RBC Cuts Price Target

Akamai Technologies Price Performance

Shares of NASDAQ AKAM opened at $117.65 on Tuesday. The stock’s 50-day simple moving average is $124.04 and its two-hundred day simple moving average is $116.15. Akamai Technologies, Inc. has a twelve month low of $70.42 and a twelve month high of $165.45. The firm has a market capitalization of $17.10 billion, a P/E ratio of 42.32, a P/E/G ratio of 4.69 and a beta of 0.63. The company has a quick ratio of 2.06, a current ratio of 1.64 and a debt-to-equity ratio of 1.23.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.57 by $0.02. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.Akamai Technologies’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.73 earnings per share. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. As a group, equities analysts anticipate that Akamai Technologies, Inc. will post 3.91 EPS for the current fiscal year.

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.