13,634 Shares in Akamai Technologies, Inc. $AKAM Bought by Integrated Advisors Network LLC

Integrated Advisors Network LLC acquired a new stake in Akamai Technologies, Inc. (NASDAQ:AKAM) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 13,634 shares of the technology infrastructure company’s stock, valued at approximately $1,450,000.

A number of other hedge funds have also modified their holdings of AKAM. Silvant Capital Management LLC bought a new position in shares of Akamai Technologies during the 2nd quarter worth approximately $32,000. Cedar Mountain Advisors LLC acquired a new stake in Akamai Technologies in the 1st quarter valued at $47,000. Persistent Asset Partners Ltd bought a new stake in Akamai Technologies in the second quarter valued at $54,000. BOK Financial Private Wealth Inc. bought a new stake in Akamai Technologies in the second quarter valued at $69,000. Finally, Pension & Wealth Management Advisors Inc. grew its position in Akamai Technologies by 43.1% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 644 shares of the technology infrastructure company’s stock valued at $68,000 after acquiring an additional 194 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on AKAM. Piper Sandler dropped their price objective on Akamai Technologies from $158.00 to $120.00 and set an “overweight” rating for the company in a research note on Wednesday. HSBC downgraded shares of Akamai Technologies from a “buy” rating to a “hold” rating and reduced their target price for the company from $171.00 to $123.00 in a research note on Monday, August 10th. Zacks Research upgraded shares of Akamai Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. TD Cowen increased their target price on shares of Akamai Technologies from $140.00 to $149.00 and gave the stock a “hold” rating in a research report on Friday, September 25th. Finally, Evercore reiterated an “outperform” rating on shares of Akamai Technologies in a research report on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $148.29.

Akamai Technologies Stock Up 0.7%

NASDAQ AKAM opened at $90.27 on Thursday. The firm has a market cap of $12.97 billion, a PE ratio of 32.47, a price-to-earnings-growth ratio of 4.22 and a beta of 0.62. Akamai Technologies, Inc. has a one year low of $70.82 and a one year high of $165.45. The stock’s 50 day simple moving average is $106.84 and its 200 day simple moving average is $117.48. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64.

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, beating 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 firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same period last year, the firm posted $1.73 EPS. The business’s revenue was up 5.4% on a year-over-year basis. 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, sell-side analysts forecast that Akamai Technologies, Inc. will post 3.58 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Kim Salem-Jackson sold 2,013 shares of the firm’s stock in a transaction on Friday, September 25th. The stock was sold at an average price of $128.00, for a total value of $257,664.00. Following the completion of the sale, the executive vice president directly owned 57,197 shares in the company, valued at approximately $7,321,216. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul C. Joseph sold 3,100 shares of the firm’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $105.63, for a total value of $327,453.00. Following the completion of the sale, the executive vice president owned 28,472 shares of the company’s stock, valued at approximately $3,007,497.36. This trade represents a 9.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 12,135 shares of company stock valued at $1,467,221. 2.30% of the stock is currently owned by corporate insiders.

Akamai Technologies Profile

Akamai Technologies, Inc provides cloud, cybersecurity and content-delivery services that help organizations operate and protect applications, websites and digital media over the internet. Its distributed edge platform is designed to deliver online content closer to end users while improving performance, availability and resilience.

The company’s services include content delivery and application performance solutions, cloud computing capabilities, web and application security, distributed denial-of-service protection, bot management and zero-trust security tools.