Hillman Capital Management Inc. Purchases 27,766 Shares of Akamai Technologies, Inc. $AKAM

Hillman Capital Management Inc. increased its position in Akamai Technologies, Inc. (NASDAQ:AKAM) by 655.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,999 shares of the technology infrastructure company’s stock after purchasing an additional 27,766 shares during the period. Akamai Technologies makes up approximately 1.8% of Hillman Capital Management Inc.’s holdings, making the stock its 24th biggest position. Hillman Capital Management Inc.’s holdings in Akamai Technologies were worth $2,792,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of AKAM. Norges Bank purchased a new position in Akamai Technologies in the 4th quarter worth about $192,959,000. AQR Capital Management LLC raised its position in Akamai Technologies by 522.8% in the 3rd quarter. AQR Capital Management LLC now owns 2,020,346 shares of the technology infrastructure company’s stock worth $153,061,000 after buying an additional 1,695,937 shares during the last quarter. Alyeska Investment Group L.P. raised its position in Akamai Technologies by 570.0% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,634,040 shares of the technology infrastructure company’s stock worth $123,795,000 after buying an additional 1,390,167 shares during the last quarter. Rubric Capital Management LP purchased a new position in Akamai Technologies in the 4th quarter worth about $104,700,000. Finally, First Trust Advisors LP raised its position in Akamai Technologies by 16.5% in the 4th quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock worth $589,112,000 after buying an additional 957,345 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on AKAM shares. Oppenheimer boosted their target price on Akamai Technologies from $115.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Susquehanna boosted their target price on Akamai Technologies from $120.00 to $175.00 and gave the stock a “positive” rating in a research report on Monday, May 11th. Robert W. Baird reaffirmed a “neutral” rating and set a $110.00 price target on shares of Akamai Technologies in a research report on Thursday, April 2nd. Zacks Research lowered shares of Akamai Technologies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. Finally, Morgan Stanley upped their price target on shares of Akamai Technologies from $120.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Twelve equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Akamai Technologies presently has an average rating of “Hold” and a consensus price target of $145.29.

Akamai Technologies Trading Down 1.4%

Shares of NASDAQ:AKAM opened at $132.31 on Wednesday. The stock has a 50 day moving average of $127.04 and a 200 day moving average of $107.74. The company has a market cap of $19.24 billion, a PE ratio of 44.55, a price-to-earnings-growth ratio of 4.20 and a beta of 0.60. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.84. Akamai Technologies, Inc. has a 12-month low of $69.78 and a 12-month high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.61. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The firm’s revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.70 EPS. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. As a group, equities research analysts expect that Akamai Technologies, Inc. will post 3.93 EPS for the current year.

Insider Activity

In related news, EVP Kim Salem-Jackson sold 2,300 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total transaction 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.30% of the company’s stock.

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.