Anthony Williams Sells 15,000 Shares of Akamai Technologies (NASDAQ:AKAM) Stock

Akamai Technologies, Inc. (NASDAQ:AKAM) EVP Anthony Williams sold 15,000 shares of the 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 owned 22,064 shares in the company, valued at approximately $2,301,054.56. This represents a 40.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Akamai Technologies Stock Performance

AKAM traded up $1.97 during midday trading on Wednesday, hitting $106.47. 4,593,258 shares of the company traded hands, compared to its average volume of 4,194,437. The company’s 50-day moving average is $96.59 and its 200 day moving average is $86.39. 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 capitalization of $15.44 billion, a PE ratio of 34.57, a price-to-earnings-growth ratio of 3.44 and a beta of 0.72. Akamai Technologies, Inc. has a 52 week low of $67.51 and a 52 week high of $113.50.

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, topping 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 firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the business posted $1.66 earnings per share. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. 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. On average, research analysts expect that Akamai Technologies, Inc. will post 4.6 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AKAM. Jefferies Financial Group cut Akamai Technologies to an “underperform” rating in a research report on Monday, December 15th. Oppenheimer increased their price objective on shares of Akamai Technologies from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Robert W. Baird raised their price objective on shares of Akamai Technologies from $90.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. Weiss Ratings restated a “hold (c)” rating on shares of Akamai Technologies in a research report on Monday, December 29th. Finally, Citigroup upped their target price on shares of Akamai Technologies from $103.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $108.84.

Hedge Funds Weigh In On Akamai Technologies

Hedge funds have recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Akamai Technologies by 295.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after buying an additional 251 shares in the last quarter. TD Waterhouse Canada Inc. raised 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 valued at $26,000 after acquiring an additional 195 shares during the period. Smartleaf Asset Management LLC raised 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 valued at $26,000 after acquiring an additional 289 shares during the period. JFS Wealth Advisors LLC lifted its position in shares of Akamai Technologies by 626.2% in the fourth quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after acquiring an additional 263 shares in the last quarter. Finally, Wolff Wiese Magana LLC lifted its position in shares of Akamai Technologies by 497.0% in the third quarter. Wolff Wiese Magana LLC now owns 400 shares of the technology infrastructure company’s stock valued at $30,000 after acquiring an additional 333 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

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.