Akamai Technologies, Inc. $AKAM Shares Bought by Signaturefd LLC

Signaturefd LLC increased its position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 482.6% during the 3rd quarter, Holdings Channel reports. The firm owned 9,065 shares of the technology infrastructure company’s stock after purchasing an additional 7,509 shares during the quarter. Signaturefd LLC’s holdings in Akamai Technologies were worth $964,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Empowered Funds LLC lifted its position in shares of Akamai Technologies by 503.6% during the 1st quarter. Empowered Funds LLC now owns 42,831 shares of the technology infrastructure company’s stock worth $4,919,000 after buying an additional 35,735 shares in the last quarter. QRG Capital Management Inc. grew its holdings in shares of Akamai Technologies by 1,716.7% in the second quarter. QRG Capital Management Inc. now owns 32,610 shares of the technology infrastructure company’s stock valued at $3,855,000 after acquiring an additional 30,815 shares in the last quarter. TimesSquare Capital Management LLC bought a new position in shares of Akamai Technologies in the second quarter valued at approximately $27,250,000. PNC Financial Services Group Inc. grew its holdings in shares of Akamai Technologies by 59.2% in the first quarter. PNC Financial Services Group Inc. now owns 40,593 shares of the technology infrastructure company’s stock valued at $4,662,000 after acquiring an additional 15,091 shares in the last quarter. Finally, ABN AMRO Bank N.V. purchased a new stake in shares of Akamai Technologies during the second quarter valued at approximately $9,737,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Akamai Technologies News Roundup

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

• Positive Sentiment: Akamai launched Akamai Inference, a managed AI model-serving service, and Akamai Agent Sandbox, an isolated environment for executing AI agents. The products expand Akamai’s AI Cloud platform and could create new demand for its cloud, security and edge-computing services. Akamai Launches AI Inference Service and Agent Execution Environment
• Positive Sentiment: The new AI offerings received broad coverage, highlighting Akamai’s effort to compete for AI workloads through dedicated inference and agent-execution environments. Investors may view the launches as a potential long-term growth catalyst, though the announcements did not include specific revenue or earnings forecasts. Akamai expands its AI Cloud platform
• Neutral Sentiment: A Zacks analysis noted that Akamai outperformed the broader market in the latest session, but the report offered limited new fundamental information beyond the company’s recent trading performance. Akamai Technologies Surpasses Market Returns
• Negative Sentiment: Zacks Research reduced its Q2 2027 EPS estimate to $0.70 from $0.83 and cut its FY2027 forecast to $3.73 from $3.92, maintaining a “Hold” rating. The revisions suggest analysts see greater pressure on future profitability.
• Negative Sentiment: Analysts expect Akamai’s third-quarter 2026 earnings to show a double-digit year-over-year profit decline, increasing the risk of disappointment when results are released next week. What to Expect From Akamai Technologies’ Q3 2026 Earnings Report

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, EVP Kim Salem-Jackson sold 2,013 shares of the stock in a transaction on Friday, September 25th. The stock was sold at an average price of $128.00, for a total transaction of $257,664.00. Following the completion of the transaction, the executive vice president directly owned 57,197 shares of the company’s stock, valued at approximately $7,321,216. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mani Sundaram sold 7,022 shares of the firm’s stock in a transaction on Friday, September 25th. The stock was sold at an average price of $125.62, for a total value of $882,103.64. Following the completion of the sale, the executive vice president directly owned 14,625 shares of the company’s stock, valued at $1,837,192.50. This represents a 32.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 12,135 shares of company stock valued at $1,467,221. Company insiders own 2.30% of the company’s stock.

Analysts Set New Price Targets

AKAM has been the topic of a number of recent analyst reports. HSBC lowered Akamai Technologies from a “buy” rating to a “hold” rating and dropped their price target for the stock from $171.00 to $123.00 in a report on Monday, August 10th. Raymond James Financial upgraded Akamai Technologies from an “outperform” rating to a “strong-buy” rating and set a $170.00 price objective for the company in a research note on Tuesday, October 20th. Susquehanna decreased their target price on Akamai Technologies from $175.00 to $140.00 and set a “positive” rating for the company in a research report on Monday, August 10th. Bank of America raised their target price on Akamai Technologies from $175.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, September 25th. Finally, Guggenheim lifted their target price on Akamai Technologies from $190.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $146.00.

Akamai Technologies Stock Up 1.1%

Akamai Technologies stock opened at $99.59 on Wednesday. Akamai Technologies, Inc. has a twelve month low of $70.82 and a twelve month high of $165.45. The firm has a 50 day moving average price of $104.93 and a 200-day moving average price of $112.28. The company has a market capitalization of $14.31 billion, a P/E ratio of 35.82 and a beta of 0.62.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.02. The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.09 billion. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.73 EPS. 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. Equities analysts expect that Akamai Technologies, Inc. will post 3.58 EPS for the current fiscal year.

Akamai Technologies Company 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.