Caisse de depot et placement du Quebec Makes New $31.18 Million Investment in Akamai Technologies, Inc. $AKAM

Caisse de depot et placement du Quebec acquired a new position in Akamai Technologies, Inc. (NASDAQ:AKAM) during the second quarter, according to its most recent 13F filing with the SEC. The firm acquired 263,800 shares of the technology infrastructure company’s stock, valued at approximately $31,184,000. Caisse de depot et placement du Quebec owned 0.18% of Akamai Technologies at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of AKAM. First Trust Advisors LP raised its holdings in Akamai Technologies by 16.5% in the fourth quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock valued at $589,112,000 after buying an additional 957,345 shares during the period. Dimensional Fund Advisors LP grew its stake in Akamai Technologies by 11.2% during the first quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock worth $397,881,000 after buying an additional 349,451 shares during the period. Invesco Ltd. grew its stake in Akamai Technologies by 5.8% during the third quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock worth $245,394,000 after buying an additional 177,756 shares during the period. Norges Bank acquired a new stake in shares of Akamai Technologies in the fourth quarter worth $192,959,000. Finally, Alyeska Investment Group L.P. increased its position in shares of Akamai Technologies by 34.5% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,197,218 shares of the technology infrastructure company’s stock worth $191,707,000 after acquiring an additional 563,178 shares in the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total transaction of $31,446.63. Following the sale, the chief technology officer directly owned 31,006 shares in the company, valued at $4,012,486.46. The trade was a 0.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total value of $311,811.00. Following the completion of the transaction, the executive vice president directly owned 59,210 shares in the company, valued at approximately $8,027,099.70. The trade was a 3.74% 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. 2.30% of the stock is owned by company insiders.

Akamai Technologies Stock Performance

NASDAQ:AKAM opened at $107.47 on Friday. The firm has a 50-day moving average of $117.06 and a two-hundred day moving average of $117.75. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64. The stock has a market cap of $15.45 billion, a P/E ratio of 38.66, a PEG ratio of 5.13 and a beta of 0.63. Akamai Technologies, Inc. has a 1-year low of $70.82 and a 1-year high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) 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 analyst estimates of $1.09 billion. During the same period in the previous year, the company earned $1.73 earnings per share. The company’s revenue for the quarter 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. On average, research analysts expect that Akamai Technologies, Inc. will post 3.66 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AKAM has been the topic of several recent research reports. HSBC lowered 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 report on Monday, August 10th. TD Cowen raised their price objective on Akamai Technologies from $135.00 to $140.00 and gave the company a “hold” rating in a research report on Friday, August 7th. Weiss Ratings restated a “hold (c)” rating on shares of Akamai Technologies in a research note on Wednesday, June 24th. JPMorgan Chase & Co. upgraded Akamai Technologies from an “underweight” rating to a “neutral” rating and boosted their price objective for the stock from $132.00 to $158.00 in a research note on Thursday, August 13th. Finally, UBS Group upped their target price on Akamai Technologies from $125.00 to $143.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Twelve equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Akamai Technologies currently has an average rating of “Hold” and a consensus target price of $144.14.

Trending Headlines about Akamai Technologies

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

• Positive Sentiment: Zacks raised its EPS forecasts for Q3 2026 to $1.00 from $0.99, Q4 2026 to $1.12 from $1.07, Q1 2027 to $0.87 from $0.79, Q4 2027 to $1.09 from $1.08, and Q1 2028 to $1.03 from $1.02. These revisions provide some support for the near-term earnings outlook. Akamai Technologies analyst estimates
• Neutral Sentiment: Implied volatility for Akamai stock options has surged, indicating that traders expect larger-than-usual movement in AKAM shares. However, options-market volatility does not establish whether the next move will be higher or lower. Implied Volatility Surging for Akamai Stock Options
• Negative Sentiment: Zacks lowered its EPS outlook for FY2026 to $3.79 from $3.90 and FY2027 to $3.92 from $3.98. It also cut Q2 2027 EPS to $0.83 from $0.96, Q3 2027 to $1.13 from $1.15, and FY2028 to $4.69 from $4.70. The reductions suggest slower expected profit growth and likely contribute to the weaker investor sentiment.

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.