Commerce Bank Takes Position in Akamai Technologies, Inc. $AKAM

Commerce Bank bought a new stake in Akamai Technologies, Inc. (NASDAQ:AKAM) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,823 shares of the technology infrastructure company’s stock, valued at approximately $1,752,000.

A number of other institutional investors have also recently bought and sold shares of the business. Silvant Capital Management LLC bought a new position in shares of Akamai Technologies during the 2nd quarter worth about $32,000. Root Financial Partners LLC increased its stake in Akamai Technologies by 45.8% in the fourth 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. Sarver Vrooman Wealth Advisors acquired a new position in Akamai Technologies in the fourth quarter worth about $31,000. CYBER HORNET ETFs LLC bought a new position in Akamai Technologies during the second quarter worth about $32,000. Finally, Cedar Mountain Advisors LLC acquired a new stake in Akamai Technologies during the first quarter valued at approximately $47,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Insider Transactions at Akamai Technologies

In other news, EVP Kim Salem-Jackson sold 2,300 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total value of $311,811.00. Following the sale, the executive vice president 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the firm’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 completion of the transaction, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at approximately $4,012,486.46. This trade represents a 0.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is currently owned by corporate insiders.

Akamai Technologies Stock Up 0.1%

Shares of NASDAQ:AKAM opened at $105.74 on Wednesday. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.23. The firm has a market cap of $15.20 billion, a P/E ratio of 38.04, a P/E/G ratio of 4.85 and a beta of 0.63. Akamai Technologies, Inc. has a 12 month low of $70.82 and a 12 month high of $165.45. The company’s 50-day moving average price is $118.07 and its two-hundred day moving average price is $117.60.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.02. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. Akamai Technologies’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the business 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, research analysts forecast that Akamai Technologies, Inc. will post 3.67 EPS for the current fiscal year.

Analyst Ratings Changes

AKAM has been the topic of several recent analyst reports. Craig Hallum raised Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a research note on Friday, May 8th. HSBC downgraded shares of Akamai Technologies from a “buy” rating to a “hold” rating and reduced their target price for the company from $171.00 to $123.00 in a research note on Monday, August 10th. The Goldman Sachs Group increased their target price on shares of Akamai Technologies from $76.00 to $87.00 and gave the stock a “sell” rating in a research report on Friday, May 8th. Scotiabank boosted their price target on shares of Akamai Technologies from $120.00 to $180.00 and gave the company a “sector outperform” rating in a research report on Friday, May 8th. Finally, Royal Bank Of Canada decreased their price objective on shares of Akamai Technologies from $150.00 to $135.00 and set a “sector perform” rating on the stock in a research note on Friday, August 7th. Twelve investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Akamai Technologies currently has an average rating of “Hold” and an average price target of $144.14.

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.