Invenomic Capital Management LP Acquires 172,472 Shares of Akamai Technologies, Inc. $AKAM

Invenomic Capital Management LP increased its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM) by 34.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 671,569 shares of the technology infrastructure company’s stock after purchasing an additional 172,472 shares during the period. Akamai Technologies accounts for 2.7% of Invenomic Capital Management LP’s investment portfolio, making the stock its 4th biggest position. Invenomic Capital Management LP’s holdings in Akamai Technologies were worth $58,594,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC grew its holdings in 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 buying an additional 2,022 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Akamai Technologies by 35.2% during the 1st quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock worth $88,000 after acquiring an additional 283 shares during the period. United Services Automobile Association purchased a new position in shares of Akamai Technologies during the 1st quarter worth about $266,000. Empowered Funds LLC boosted its position in shares of Akamai Technologies by 73.0% in the first quarter. Empowered Funds LLC now owns 7,134 shares of the technology infrastructure company’s stock worth $574,000 after acquiring an additional 3,010 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in Akamai Technologies by 152.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,163 shares of the technology infrastructure company’s stock valued at $93,000 after purchasing an additional 703 shares during the period. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Akamai Technologies

In other Akamai Technologies news, EVP Kim Salem-Jackson sold 2,300 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the transaction, the executive vice president directly owned 59,210 shares of the company’s stock, valued at $8,027,099.70. This trade represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.30% of the company’s stock.

Akamai Technologies Trading Down 3.5%

Shares of AKAM stock opened at $127.67 on Thursday. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.84. Akamai Technologies, Inc. has a fifty-two week low of $69.78 and a fifty-two week high of $165.45. The firm’s 50 day moving average price is $127.30 and its two-hundred day moving average price is $108.01. The stock has a market cap of $18.56 billion, a price-to-earnings ratio of 42.99, a price-to-earnings-growth ratio of 4.14 and a beta of 0.60.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (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 company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the prior year, the business earned $1.70 earnings per share. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. 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. On average, analysts anticipate that Akamai Technologies, Inc. will post 3.93 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Oppenheimer upped their price target on shares of Akamai Technologies from $115.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Morgan Stanley lifted their price target on shares of Akamai Technologies from $120.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Zacks Research downgraded Akamai Technologies from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 19th. Guggenheim increased their target price on Akamai Technologies from $133.00 to $181.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, Raymond James Financial increased their target price on Akamai Technologies from $140.00 to $170.00 in a research report on Monday, May 11th. Twelve analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to 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.