Akamai Technologies, Inc. $AKAM Holdings Raised by Catalyst Funds Management Pty Ltd

Catalyst Funds Management Pty Ltd grew its position in Akamai Technologies, Inc. (NASDAQ:AKAM) by 525.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,900 shares of the technology infrastructure company’s stock after acquiring an additional 18,400 shares during the quarter. Catalyst Funds Management Pty Ltd’s holdings in Akamai Technologies were worth $1,911,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in AKAM. Brighton Jones LLC increased its holdings in shares of Akamai Technologies by 101.4% in the 4th quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company’s stock valued at $384,000 after acquiring an additional 2,022 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Akamai Technologies by 35.2% in the 1st quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock valued at $88,000 after acquiring an additional 283 shares during the last quarter. United Services Automobile Association bought a new stake in shares of Akamai Technologies in the 1st quarter valued at approximately $266,000. Empowered Funds LLC increased its holdings in shares of Akamai Technologies by 73.0% in the 1st quarter. Empowered Funds LLC now owns 7,134 shares of the technology infrastructure company’s stock valued at $574,000 after acquiring an additional 3,010 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Akamai Technologies by 152.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,163 shares of the technology infrastructure company’s stock valued at $93,000 after acquiring an additional 703 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors.

Akamai Technologies Trading Up 0.7%

Shares of AKAM stock opened at $147.23 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06. Akamai Technologies, Inc. has a 1 year low of $69.78 and a 1 year high of $165.45. The stock has a fifty day moving average of $116.07 and a two-hundred day moving average of $100.47. The firm has a market capitalization of $21.41 billion, a PE ratio of 49.57, a price-to-earnings-growth ratio of 4.60 and a beta of 0.45.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.61. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the firm posted $1.70 EPS. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. As a group, research analysts expect that Akamai Technologies, Inc. will post 3.93 EPS for the current year.

Insider Activity at Akamai Technologies

In other Akamai Technologies news, EVP Anthony P. Williams sold 15,000 shares of the business’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the completion of the transaction, the executive vice president owned 22,064 shares in the company, valued at approximately $2,301,054.56. The trade was a 40.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Laura Howell sold 11,273 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $100.14, for a total value of $1,128,878.22. Following the transaction, the chief accounting officer owned 12,559 shares of the company’s stock, valued at $1,257,658.26. This trade represents a 47.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 53,954 shares of company stock worth $5,511,371 in the last ninety days. 2.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on AKAM. KeyCorp boosted their price objective on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Craig Hallum upgraded Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a research report on Friday, May 8th. Citigroup boosted their price objective on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, May 15th. Piper Sandler restated a “neutral” rating and set a $156.00 price objective (up from $114.00) on shares of Akamai Technologies in a research report on Friday, May 8th. Finally, Oppenheimer boosted their price objective on Akamai Technologies from $115.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Twelve analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $145.29.

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.