Nomura Asset Management Co. Ltd. Has $431,000 Stock Holdings in Akamai Technologies, Inc. $AKAM

Nomura Asset Management Co. Ltd. lessened its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM) by 89.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,935 shares of the technology infrastructure company’s stock after selling 43,031 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Akamai Technologies were worth $431,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. JFS Wealth Advisors LLC boosted its holdings in shares of Akamai Technologies by 626.2% in the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after purchasing an additional 263 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 289 shares in the last quarter. TD Waterhouse Canada Inc. boosted its holdings in shares of Akamai Technologies by 130.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after purchasing an additional 195 shares in the last quarter. WealthCollab LLC boosted its holdings in shares of Akamai Technologies by 154.2% in the 4th quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock valued at $34,000 after purchasing an additional 239 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of Akamai Technologies in the 3rd quarter valued at $30,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AKAM. Bank of America raised Akamai Technologies from a “neutral” rating to a “buy” rating and raised their target price for the company from $130.00 to $175.00 in a report on Wednesday, May 13th. KeyCorp raised their target price on Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Zacks Research downgraded Akamai Technologies from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 19th. Piper Sandler reaffirmed a “neutral” rating and issued a $156.00 target price (up from $114.00) on shares of Akamai Technologies in a report on Friday, May 8th. Finally, Evercore initiated coverage on Akamai Technologies in a report on Tuesday, April 14th. They issued an “outperform” rating and a $130.00 target price on the stock. Twelve equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Akamai Technologies presently has an average rating of “Hold” and an average price target of $145.29.

Insider Buying and Selling at Akamai Technologies

In related news, EVP Mani Sundaram sold 1,722 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $98.58, for a total transaction of $169,754.76. Following the sale, the executive vice president owned 21,647 shares of the company’s stock, valued at $2,133,961.26. This trade represents a 7.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Anthony P. Williams sold 15,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $104.29, for a total value of $1,564,350.00. Following the sale, the executive vice president directly owned 22,064 shares in the company, valued at approximately $2,301,054.56. This trade represents a 40.47% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 2.30% of the company’s stock.

Akamai Technologies Trading Down 6.1%

NASDAQ AKAM opened at $149.32 on Friday. 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 twelve month low of $69.78 and a twelve month high of $165.45. The company has a market cap of $21.71 billion, a price-to-earnings ratio of 50.28, a price-to-earnings-growth ratio of 5.02 and a beta of 0.60. The business’s fifty day moving average is $124.37 and its 200 day moving average is $105.34.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, meeting the consensus estimate of $1.61. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the business posted $1.70 EPS. Akamai Technologies’s revenue for the quarter was up 5.8% on a year-over-year basis. 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. As a group, sell-side analysts expect that Akamai Technologies, Inc. will post 3.89 EPS for the current fiscal year.

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.