WINTON GROUP Ltd Takes $5.03 Million Position in Akamai Technologies, Inc. $AKAM

WINTON GROUP Ltd purchased a new stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAMFree Report) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 57,698 shares of the technology infrastructure company’s stock, valued at approximately $5,034,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its holdings in Akamai Technologies by 566.7% in the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 289 shares during the last quarter. JFS Wealth Advisors LLC boosted its holdings in Akamai Technologies by 626.2% in the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after purchasing an additional 263 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in Akamai Technologies in the third quarter worth approximately $30,000. Sarver Vrooman Wealth Advisors purchased a new stake in Akamai Technologies in the fourth quarter worth approximately $31,000. Finally, Root Financial Partners LLC boosted its holdings 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 worth $31,000 after purchasing an additional 110 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Akamai Technologies Trading Down 6.1%

Shares of Akamai Technologies stock opened at $149.32 on Friday. The company’s fifty day simple moving average is $124.37 and its 200-day simple moving average is $105.34. The stock has a market capitalization of $21.71 billion, a PE ratio of 50.28, a P/E/G ratio of 4.71 and a beta of 0.60. Akamai Technologies, Inc. has a 1-year low of $69.78 and a 1-year high of $165.45. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.06.

Akamai Technologies (NASDAQ:AKAMGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, hitting the consensus estimate of $1.61. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The company’s revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.70 EPS. 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, equities analysts anticipate that Akamai Technologies, Inc. will post 3.89 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Anthony P. Williams sold 15,000 shares of Akamai Technologies stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Mani Sundaram sold 1,722 shares of Akamai Technologies stock in a transaction on Monday, March 9th. The shares were sold at an average price of $98.58, for a total transaction of $169,754.76. Following the transaction, the executive vice president owned 21,647 shares in the company, valued at approximately $2,133,961.26. This trade represents a 7.37% decrease in their position. The SEC filing for this sale provides additional information. 2.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

AKAM has been the topic of several research reports. Oppenheimer raised their target price on shares of Akamai Technologies from $115.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Raymond James Financial raised their target price on shares of Akamai Technologies from $140.00 to $170.00 in a report on Monday, May 11th. Morgan Stanley lifted their price target on shares of Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Zacks Research cut shares of Akamai Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 19th. Finally, Bank of America upgraded shares of Akamai Technologies from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $130.00 to $175.00 in a research note on Wednesday, May 13th. Twelve investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $145.29.

Get Our Latest Report on AKAM

Akamai Technologies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Akamai Technologies (NASDAQ:AKAM)

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