Jon Miller Sells 11,000 Shares of Akamai Technologies (NASDAQ:AKAM) Stock

Akamai Technologies, Inc. (NASDAQ:AKAM) Director Jon Miller sold 11,000 shares of the firm’s stock in a transaction that occurred on 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 sale, the director owned 22,806 shares in the company, valued at approximately $2,341,492.02. This trade represents a 32.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Akamai Technologies Trading Down 1.9%

Shares of Akamai Technologies stock opened at $101.00 on Friday. Akamai Technologies, Inc. has a fifty-two week low of $67.51 and a fifty-two week high of $113.50. The business’s fifty day moving average is $95.75 and its two-hundred day moving average is $85.71. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.82. The firm has a market cap of $14.63 billion, a PE ratio of 32.79, a P/E/G ratio of 3.47 and a beta of 0.72.

Akamai Technologies (NASDAQ:AKAM) last released its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.75 by $0.09. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period in the prior year, the firm posted $1.66 earnings per share. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. Analysts anticipate that Akamai Technologies, Inc. will post 4.6 earnings per share for the current year.

Wall Street Analyst Weigh In

AKAM has been the subject of several research analyst reports. Royal Bank Of Canada upped their price target on shares of Akamai Technologies from $90.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Friday, February 20th. TD Cowen lowered their price objective on shares of Akamai Technologies from $104.00 to $100.00 and set a “hold” rating for the company in a research note on Friday, February 20th. The Goldman Sachs Group increased their target price on Akamai Technologies from $69.00 to $76.00 and gave the stock a “sell” rating in a research report on Friday, February 20th. Wall Street Zen cut Akamai Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Scotiabank boosted their price target on Akamai Technologies from $105.00 to $120.00 and gave the company a “sector outperform” rating in a research report on Friday, February 20th. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Akamai Technologies currently has an average rating of “Hold” and a consensus target price of $108.84.

Institutional Trading of Akamai Technologies

Several large investors have recently added to or reduced their stakes in AKAM. Rexford Capital Inc. lifted its stake in shares of Akamai Technologies by 1.9% during the fourth quarter. Rexford Capital Inc. now owns 5,106 shares of the technology infrastructure company’s stock worth $445,000 after purchasing an additional 93 shares in the last quarter. Assetmark Inc. raised its holdings in shares of Akamai Technologies by 31.8% during the 4th quarter. Assetmark Inc. now owns 444 shares of the technology infrastructure company’s stock valued at $39,000 after buying an additional 107 shares during the period. Root Financial Partners LLC lifted its position in Akamai Technologies by 45.8% during the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock worth $31,000 after acquiring an additional 110 shares in the last quarter. Perigon Wealth Management LLC boosted its holdings in Akamai Technologies by 2.1% in the 4th quarter. Perigon Wealth Management LLC now owns 5,502 shares of the technology infrastructure company’s stock worth $480,000 after acquiring an additional 115 shares during the period. Finally, Allworth Financial LP grew its position in Akamai Technologies by 6.3% in the fourth quarter. Allworth Financial LP now owns 2,196 shares of the technology infrastructure company’s stock valued at $192,000 after acquiring an additional 131 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

More Akamai Technologies News

Here are the key news stories impacting Akamai Technologies this week:

• Positive Sentiment: Company provided technical detail on a four‑year, $200M service agreement to host a multi‑thousand NVIDIA Blackwell GPU cluster plus AI‑optimized networking and high‑performance storage on Akamai’s distributed cloud — a sizable commercial validation of its Akamai Inference Cloud and AI infrastructure strategy. Akamai Discloses Technical Details on AI Cluster Deal
• Positive Sentiment: Recent Q4 results beat consensus (EPS and revenue) and Akamai gave FY‑26 guidance; several analysts have since raised targets/ratings, which is supporting investor interest in the AI/inference‑cloud growth narrative. Akamai Announces $200 Million AI Compute Service Agreement
• Neutral Sentiment: Management presentations (Raymond James, Morgan Stanley transcripts) provide incremental color on strategy and execution but added no new disclosures beyond the AI contract and guidance. Akamai Presents at Raymond James Conference
• Neutral Sentiment: Coverage pieces weighing buy/hold/sell as Akamai ramps GPU capacity summarize pros/cons for investors but don’t constitute a single decisive catalyst. As Akamai Loads Up on GPUs, Should You Buy, Sell, or Hold AKAM Stock?
• Negative Sentiment: Multiple insider sales were disclosed this week (EVP Mani Sundaram, director Jon Miller, director Madhu Ranganathan and others); while insider sales can be for personal reasons, they often weigh on near‑term sentiment. SEC Form 4 (Mani Sundaram)
• Negative Sentiment: The $200M contract is meaningful but concentrated with a single major U.S. tech customer and Akamai is investing to scale AI infrastructure — investors may be concerned about near‑term capex, margin pressure and customer concentration risk. Akamai Announces $200 Million AI Compute Service Agreement

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.