Grantham Mayo Van Otterloo & Co. LLC Grows Position in Akamai Technologies, Inc. $AKAM

Grantham Mayo Van Otterloo & Co. LLC boosted its position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 42.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 251,322 shares of the technology infrastructure company’s stock after purchasing an additional 74,791 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Akamai Technologies were worth $19,040,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AKAM. DLD Asset Management LP lifted its stake in Akamai Technologies by 60.0% in the second quarter. DLD Asset Management LP now owns 20,000,000 shares of the technology infrastructure company’s stock worth $1,595,200,000 after purchasing an additional 7,500,000 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Akamai Technologies by 4.9% during the second quarter. First Trust Advisors LP now owns 6,061,962 shares of the technology infrastructure company’s stock valued at $483,502,000 after buying an additional 281,526 shares during the last quarter. Nordea Investment Management AB grew its stake in shares of Akamai Technologies by 39.9% during the third quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company’s stock valued at $258,739,000 after buying an additional 980,966 shares during the last quarter. Norges Bank purchased a new stake in shares of Akamai Technologies in the second quarter worth approximately $266,817,000. Finally, Legal & General Group Plc raised its holdings in shares of Akamai Technologies by 3.5% in the second quarter. Legal & General Group Plc now owns 2,812,805 shares of the technology infrastructure company’s stock worth $224,349,000 after buying an additional 94,012 shares during the period. 94.28% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, 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 value of $1,129,370.00. Following the completion of 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul C. Joseph sold 5,000 shares of the 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 transaction, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 59,112 shares of company stock valued at $5,812,929. Company insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AKAM. Oppenheimer boosted their price objective on Akamai Technologies from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. UBS Group lifted their target price on Akamai Technologies from $90.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Wall Street Zen lowered shares of Akamai Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. KeyCorp upped their price target on shares of Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Finally, Citigroup raised their price target on shares of Akamai Technologies from $103.00 to $110.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Ten investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Akamai Technologies has an average rating of “Hold” and an average price target of $108.84.

Akamai Technologies Stock Down 1.1%

Shares of NASDAQ:AKAM opened at $99.89 on Monday. The business’s 50 day moving average is $95.98 and its 200 day moving average is $86.02. The stock has a market cap of $14.47 billion, a P/E ratio of 32.43, a price-to-earnings-growth ratio of 3.37 and a beta of 0.72. Akamai Technologies, Inc. has a 52-week low of $67.51 and a 52-week high of $113.50. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.82.

Akamai Technologies (NASDAQ:AKAM) last issued its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the company posted $1.66 EPS. Akamai Technologies’s 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. Sell-side analysts predict that Akamai Technologies, Inc. will post 4.6 EPS for the current 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.