Munich Reinsurance Co Stock Corp in Munich Makes New $3.34 Million Investment in Akamai Technologies, Inc. $AKAM

Munich Reinsurance Co Stock Corp in Munich acquired a new stake in Akamai Technologies, Inc. (NASDAQ:AKAM) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 44,023 shares of the technology infrastructure company’s stock, valued at approximately $3,335,000.

Other large investors have also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Akamai Technologies by 295.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 251 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in Akamai Technologies by 566.7% during the third quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 289 shares during the last quarter. TD Waterhouse Canada Inc. increased its holdings in Akamai Technologies by 130.0% during the third quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 195 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in Akamai Technologies in the third quarter worth about $30,000. Finally, CYBER HORNET ETFs LLC purchased a new position in Akamai Technologies in the second quarter valued at about $32,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Akamai Technologies Stock Performance

NASDAQ AKAM opened at $99.89 on Friday. The company’s 50 day moving average is $95.98 and its 200-day moving average is $85.95. Akamai Technologies, Inc. has a 12-month low of $67.51 and a 12-month high of $113.50. 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 $14.47 billion, a P/E ratio of 32.43, a price-to-earnings-growth ratio of 3.37 and a beta of 0.72.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.09. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the prior year, the company posted $1.66 EPS. Akamai Technologies’s 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. Sell-side analysts predict that Akamai Technologies, Inc. will post 4.6 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on AKAM shares. Wall Street Zen downgraded shares of Akamai Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Oppenheimer lifted their price target on shares of Akamai Technologies from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Morgan Stanley increased their price objective on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Jefferies Financial Group downgraded Akamai Technologies to an “underperform” rating in a research report on Monday, December 15th. Finally, Royal Bank Of Canada boosted their target price on Akamai Technologies from $90.00 to $100.00 and gave the company a “sector perform” rating in a research note on Friday, February 20th. Ten investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Akamai Technologies presently has a consensus rating of “Hold” and a consensus target price of $108.84.

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, CTO Robert Blumofe sold 3,500 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $108.00, for a total transaction of $378,000.00. Following the sale, the chief technology officer owned 14,574 shares in the company, valued at $1,573,992. This represents a 19.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Madhu Ranganathan sold 3,131 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $102.00, for a total value of $319,362.00. Following the completion of the transaction, the director directly owned 9,160 shares of the company’s stock, valued at $934,320. The trade was a 25.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 59,112 shares of company stock worth $5,812,929. Company insiders own 2.00% of the company’s stock.

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.