9,092 Shares in Akamai Technologies, Inc. $AKAM Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 9,092 shares of the technology infrastructure company’s stock, valued at approximately $689,000.

Other institutional investors also recently modified their holdings of the company. Hantz Financial Services Inc. boosted its stake in Akamai Technologies by 24.3% in the third quarter. Hantz Financial Services Inc. now owns 830 shares of the technology infrastructure company’s stock valued at $63,000 after acquiring an additional 162 shares during the last quarter. Main Management ETF Advisors LLC lifted its stake in shares of Akamai Technologies by 1.7% in the 2nd quarter. Main Management ETF Advisors LLC now owns 11,728 shares of the technology infrastructure company’s stock valued at $935,000 after purchasing an additional 192 shares during the period. Metis Global Partners LLC boosted its position in shares of Akamai Technologies by 1.9% in the 3rd quarter. Metis Global Partners LLC now owns 10,486 shares of the technology infrastructure company’s stock worth $794,000 after purchasing an additional 192 shares during the last quarter. TD Waterhouse Canada Inc. grew its stake in shares of Akamai Technologies by 130.0% during the third quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 195 shares during the period. Finally, Meridian Wealth Management LLC increased its holdings in Akamai Technologies by 3.2% in the second quarter. Meridian Wealth Management LLC now owns 6,354 shares of the technology infrastructure company’s stock valued at $507,000 after purchasing an additional 196 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AKAM. Robert W. Baird raised their target price on Akamai Technologies from $90.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. The Goldman Sachs Group lifted their price objective on shares of Akamai Technologies from $69.00 to $76.00 and gave the stock a “sell” rating in a research note on Friday, February 20th. Piper Sandler upped their target price on shares of Akamai Technologies from $89.00 to $97.00 and gave the company a “neutral” rating in a research note on Monday, February 23rd. Wall Street Zen cut shares of Akamai Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Craig Hallum upped their price objective on shares of Akamai Technologies from $90.00 to $100.00 and gave the company a “hold” rating in a research report on Friday, February 20th. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Akamai Technologies presently has an average rating of “Hold” and an average price target of $108.84.

Akamai Technologies Stock Performance

Shares of AKAM opened at $102.11 on Tuesday. The firm has a market cap of $14.81 billion, a P/E ratio of 33.15, a PEG ratio of 3.37 and a beta of 0.72. Akamai Technologies, Inc. has a twelve month low of $67.51 and a twelve month high of $113.50. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36. The firm’s 50 day moving average price is $96.26 and its two-hundred day moving average price is $86.20.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.09. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the prior year, the firm earned $1.66 earnings per share. The firm’s revenue was up 7.4% compared to the same quarter last year. 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. On average, analysts forecast that Akamai Technologies, Inc. will post 4.6 EPS for the current fiscal year.

Insider Activity

In other news, Director Jon Miller sold 11,000 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $102.67, for a total value of $1,129,370.00. Following the sale, the director directly owned 22,806 shares in the company, valued at $2,341,492.02. The trade was a 32.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Mani Sundaram sold 8,642 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $101.25, for a total value of $875,002.50. Following the transaction, the executive vice president directly owned 19,923 shares of the company’s stock, valued at $2,017,203.75. This represents a 30.25% 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 60,834 shares of company stock worth $5,982,684. 2.00% of the stock is currently owned by insiders.

Akamai Technologies Company 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.