Ieq Capital LLC Makes New $11.01 Million Investment in Akamai Technologies, Inc. $AKAM

Ieq Capital LLC acquired a new stake in Akamai Technologies, Inc. (NASDAQ:AKAM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 93,152 shares of the technology infrastructure company’s stock, valued at approximately $11,011,000.

Other hedge funds have also made changes to their positions in the company. Sarver Vrooman Wealth Advisors purchased a new stake in Akamai Technologies during the 4th quarter valued at approximately $31,000. Root Financial Partners LLC increased 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. Silvant Capital Management LLC purchased a new stake in shares of Akamai Technologies during the second quarter worth approximately $32,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Akamai Technologies during the second quarter worth $32,000. Finally, Align Financial LLC acquired a new stake in shares of Akamai Technologies during the fourth quarter worth $34,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Akamai Technologies Price Performance

AKAM stock opened at $110.42 on Friday. The firm has a 50 day moving average of $119.17 and a 200-day moving average of $117.26. The company has a market cap of $15.87 billion, a price-to-earnings ratio of 39.72, a PEG ratio of 5.03 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 released its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.02. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the prior year, the firm posted $1.73 EPS. The company’s revenue was up 5.4% compared to the same quarter last year. 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. As a group, equities analysts expect that Akamai Technologies, Inc. will post 3.67 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AKAM has been the topic of several analyst reports. Piper Sandler lowered their target price on shares of Akamai Technologies from $156.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, August 7th. UBS Group lifted their price objective on Akamai Technologies from $125.00 to $143.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Morgan Stanley increased their target price on Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Susquehanna decreased their price target on Akamai Technologies from $175.00 to $140.00 and set a “positive” rating on the stock in a research note on Monday, August 10th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a research report on Wednesday, June 24th. Twelve equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Akamai Technologies has a consensus rating of “Hold” and an average target price of $144.14.

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, 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. This represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total value of $31,446.63. Following the transaction, the chief technology officer directly owned 31,006 shares of the company’s stock, 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. 2.30% of the stock is currently owned by corporate insiders.

Akamai Technologies Company Profile

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.