Akamai Technologies, Inc. $AKAM Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC grew its stake in Akamai Technologies, Inc. (NASDAQ:AKAM) by 132.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,960 shares of the technology infrastructure company’s stock after purchasing an additional 14,792 shares during the quarter. HighTower Advisors LLC’s holdings in Akamai Technologies were worth $2,265,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. JFS Wealth Advisors LLC raised its stake in shares of Akamai Technologies by 626.2% in the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after purchasing an additional 263 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 289 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in shares of Akamai Technologies by 130.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 195 shares in the last quarter. WealthCollab LLC raised its stake in shares of Akamai Technologies by 154.2% in the 4th quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock valued at $34,000 after purchasing an additional 239 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of Akamai Technologies in the 3rd quarter valued at about $30,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Insider Activity

In other Akamai Technologies news, EVP Anthony P. Williams sold 15,000 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total value 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. This represents a 40.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jon Miller sold 11,000 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $102.67, for a total transaction of $1,129,370.00. Following the completion of the transaction, the director owned 22,806 shares of the company’s stock, valued at approximately $2,341,492.02. This trade represents a 32.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 42,681 shares of company stock worth $4,382,493 in the last quarter. Company insiders own 2.30% of the company’s stock.

Akamai Technologies Price Performance

NASDAQ AKAM opened at $149.54 on Monday. Akamai Technologies, Inc. has a 52 week low of $69.78 and a 52 week high of $165.45. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.84. The stock has a market cap of $21.74 billion, a price-to-earnings ratio of 50.35, a price-to-earnings-growth ratio of 4.67 and a beta of 0.59. The company has a 50-day moving average price of $120.06 and a two-hundred day moving average price of $103.08.

Akamai Technologies (NASDAQ:AKAM) last posted its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, hitting the consensus estimate of $1.61. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the prior year, the firm earned $1.70 EPS. Akamai Technologies’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. Analysts forecast that Akamai Technologies, Inc. will post 3.93 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on AKAM shares. Susquehanna upped their target price on shares of Akamai Technologies from $120.00 to $175.00 and gave the company a “positive” rating in a research note on Monday, May 11th. Royal Bank Of Canada increased their price objective on shares of Akamai Technologies from $100.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Friday, May 8th. DA Davidson increased their price objective on shares of Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. increased their price objective on shares of Akamai Technologies from $72.00 to $100.00 in a research note on Friday, May 8th. Finally, Evercore initiated coverage on shares of Akamai Technologies in a research note on Tuesday, April 14th. They set an “outperform” rating and a $130.00 price objective on the stock. Twelve equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Akamai Technologies currently has an average rating of “Hold” and an average target price of $145.29.

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.