Vise Technologies Inc. Takes $633,000 Position in Akamai Technologies, Inc. $AKAM

Vise Technologies Inc. acquired a new position in Akamai Technologies, Inc. (NASDAQ:AKAM) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,355 shares of the technology infrastructure company’s stock, valued at approximately $633,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in AKAM. Brighton Jones LLC increased its holdings in Akamai Technologies by 101.4% during the fourth 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 last quarter. Jones Financial Companies Lllp boosted its stake 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 last quarter. United Services Automobile Association purchased a new position in shares of Akamai Technologies during the 1st quarter worth $266,000. Empowered Funds LLC grew its position in shares of Akamai Technologies by 73.0% during 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 period. Finally, EverSource Wealth Advisors LLC grew its position in shares of Akamai Technologies by 152.8% during 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 period. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Activity

In related news, EVP Kim Salem-Jackson sold 2,300 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total transaction of $311,811.00. Following the completion of the sale, the executive vice president owned 59,210 shares in the company, valued at approximately $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 can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total value of $31,446.63. Following the sale, the chief technology officer directly owned 31,006 shares in the company, valued at $4,012,486.46. This trade represents a 0.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.30% of the company’s stock.

Akamai Technologies Stock Performance

Shares of Akamai Technologies stock opened at $110.42 on Monday. The company has a market capitalization of $15.87 billion, a P/E ratio of 39.72, a P/E/G ratio of 5.07 and a beta of 0.63. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64. The company has a fifty day moving average of $119.17 and a 200 day moving average of $117.40. Akamai Technologies, Inc. has a fifty-two week low of $70.82 and a fifty-two week high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.02. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.Akamai Technologies’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.73 EPS. 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, sell-side analysts anticipate that Akamai Technologies, Inc. will post 3.67 earnings per share for the current fiscal year.

Analyst Ratings Changes

AKAM has been the topic of a number of recent research reports. Bank of America raised Akamai Technologies from a “neutral” rating to a “buy” rating and raised their target price for the stock from $130.00 to $175.00 in a report on Wednesday, May 13th. Piper Sandler cut their price target on Akamai Technologies from $156.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, August 7th. JPMorgan Chase & Co. upgraded Akamai Technologies from an “underweight” rating to a “neutral” rating and upped their price target for the stock from $132.00 to $158.00 in a research report on Thursday, August 13th. Citigroup raised their price objective on Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, May 15th. Finally, Guggenheim lifted their price objective on Akamai Technologies from $181.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Twelve equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target 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.