Edmond DE Rothschild Holding S.A. Takes $222.05 Million Position in Akamai Technologies, Inc. $AKAM

Edmond DE Rothschild Holding S.A. acquired a new position in Akamai Technologies, Inc. (NASDAQ:AKAM) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,878,401 shares of the technology infrastructure company’s stock, valued at approximately $222,046,000. Akamai Technologies accounts for about 2.9% of Edmond DE Rothschild Holding S.A.’s portfolio, making the stock its 5th largest holding. Edmond DE Rothschild Holding S.A. owned about 1.29% of Akamai Technologies at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Akamai Technologies in the fourth quarter valued at approximately $31,000. Root Financial Partners LLC grew its holdings in shares of Akamai Technologies by 45.8% in the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after purchasing an additional 110 shares during the period. CYBER HORNET ETFs LLC purchased a new stake in shares of Akamai Technologies in the second quarter valued at about $32,000. WealthCollab LLC increased its position in Akamai Technologies by 154.2% during the fourth quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock worth $34,000 after purchasing an additional 239 shares during the last quarter. Finally, Align Financial LLC acquired a new stake in Akamai Technologies during the fourth quarter worth about $34,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insiders Place Their Bets

In other news, CTO Robert Blumofe sold 243 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the completion of the transaction, the chief technology officer owned 31,006 shares of the company’s stock, valued at $4,012,486.46. This represents a 0.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the sale, the executive vice president owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. The trade was a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 Stock Performance

Shares of AKAM stock opened at $112.84 on Thursday. The stock has a 50 day simple moving average of $120.08 and a 200-day simple moving average of $117.21. The company has a market cap of $16.22 billion, a price-to-earnings ratio of 40.59, a price-to-earnings-growth ratio of 5.24 and a beta of 0.63. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.23. Akamai Technologies, Inc. has a 12-month low of $70.82 and a 12-month high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.02. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period last year, the firm earned $1.73 EPS. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. On average, equities analysts forecast that Akamai Technologies, Inc. will post 3.7 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Piper Sandler cut their target price on Akamai Technologies from $156.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, August 7th. TD Cowen upped their target price on shares of Akamai Technologies from $135.00 to $140.00 and gave the stock a “hold” rating in a research note on Friday, August 7th. Citigroup lifted their price target on shares of Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, May 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Akamai Technologies in a research report on Wednesday, June 24th. Finally, Zacks Research raised Akamai Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Akamai Technologies currently has an average rating of “Hold” and a consensus target price of $144.14.

About Akamai Technologies

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.