Maxi Investments CY Ltd Takes $2.13 Million Position in Akamai Technologies, Inc. $AKAM

Maxi Investments CY Ltd acquired a new position in Akamai Technologies, Inc. (NASDAQ:AKAM) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 18,000 shares of the technology infrastructure company’s stock, valued at approximately $2,128,000.

Other institutional investors have also recently made changes to their positions in the company. Silvant Capital Management LLC purchased a new stake in Akamai Technologies during the 2nd quarter valued at approximately $32,000. Root Financial Partners LLC raised its position in shares of Akamai Technologies by 45.8% during the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after buying an additional 110 shares during the last quarter. Sarver Vrooman Wealth Advisors purchased a new position in shares of Akamai Technologies in the fourth quarter worth $31,000. CYBER HORNET ETFs LLC purchased a new position in shares of Akamai Technologies in the second quarter worth $32,000. Finally, Cedar Mountain Advisors LLC bought a new position in shares of Akamai Technologies during the first quarter worth $47,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, EVP Kim Salem-Jackson sold 2,300 shares of Akamai Technologies 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 completion of the transaction, the executive vice president directly owned 59,210 shares of the company’s stock, valued at $8,027,099.70. The trade was a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the transaction, the chief technology officer owned 31,006 shares in the company, valued at $4,012,486.46. This trade represents a 0.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.30% of the company’s stock.

Akamai Technologies Stock Performance

Shares of AKAM stock opened at $110.42 on Monday. Akamai Technologies, Inc. has a 1 year low of $70.82 and a 1 year high of $165.45. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64. The stock’s 50 day simple moving average is $119.17 and its two-hundred day simple moving average is $117.40. The company has a market cap of $15.87 billion, a PE ratio of 39.72, a price-to-earnings-growth ratio of 5.07 and a beta of 0.63.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.02. The business 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%.The company’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period last year, the company earned $1.73 EPS. 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. Research analysts predict that Akamai Technologies, Inc. will post 3.67 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on AKAM. Raymond James Financial raised their target price on shares of Akamai Technologies from $140.00 to $170.00 in a research note on Monday, May 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a research note on Wednesday, June 24th. Guggenheim increased their price objective on shares of Akamai Technologies from $181.00 to $190.00 and gave the company a “buy” rating in a report on Friday, August 7th. Susquehanna cut their price objective on Akamai Technologies from $175.00 to $140.00 and set a “positive” rating for the company in a research report on Monday, August 10th. Finally, JPMorgan Chase & Co. raised Akamai Technologies from an “underweight” rating to a “neutral” rating and lifted their target price for the stock from $132.00 to $158.00 in a report on Thursday, August 13th. Twelve investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $144.14.

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.