Akamai Technologies, Inc. $AKAM Stock Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC raised its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM) by 99.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 124,582 shares of the technology infrastructure company’s stock after purchasing an additional 62,001 shares during the quarter. Nisa Investment Advisors LLC owned approximately 0.09% of Akamai Technologies worth $13,249,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Silvant Capital Management LLC acquired a new position in Akamai Technologies in the second quarter worth $32,000. Cedar Mountain Advisors LLC bought a new stake in shares of Akamai Technologies during the first quarter worth $47,000. Persistent Asset Partners Ltd acquired a new stake in shares of Akamai Technologies in the second quarter valued at $54,000. Pension & Wealth Management Advisors Inc. increased its stake in shares of 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 buying an additional 194 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. acquired a new stake in shares of Akamai Technologies in the second quarter valued at $69,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Analysts Set New Price Targets

AKAM has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their price target on Akamai Technologies from $158.00 to $167.00 and gave the company a “neutral” rating in a report on Friday, September 25th. Evercore reissued an “outperform” rating on shares of Akamai Technologies in a report on Friday, September 25th. TD Cowen raised their price objective on shares of Akamai Technologies from $140.00 to $149.00 and gave the company a “hold” rating in a research report on Friday, September 25th. Weiss Ratings cut shares of Akamai Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday. Finally, HSBC downgraded shares of Akamai Technologies from a “buy” rating to a “hold” rating and dropped their target price for the stock from $171.00 to $123.00 in a research note on Monday, August 10th. One investment 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’s stock. Based on data from MarketBeat, Akamai Technologies presently has a consensus 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 company has a market cap of $12.97 billion, a price-to-earnings ratio of 32.47, a P/E/G ratio of 4.22 and a beta of 0.62. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64. The stock’s fifty day moving average price is $106.84 and its two-hundred day moving average price is $117.48. Akamai Technologies, Inc. has a 52-week low of $70.82 and a 52-week high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last released its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.57 by $0.02. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period last year, the firm 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. On average, analysts anticipate that Akamai Technologies, Inc. will post 3.58 EPS for the current year.

Insider Activity

In other news, EVP Paul Joseph sold 3,100 shares of the company’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $105.63, for a total transaction of $327,453.00. Following the transaction, the executive vice president owned 28,472 shares of the company’s stock, valued at $3,007,497.36. This represents a 9.82% decrease in their ownership of the stock. The sale was disclosed in a legal 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 Mani Sundaram sold 7,022 shares of the firm’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $125.62, for a total value of $882,103.64. Following the completion of the transaction, the executive vice president owned 14,625 shares in the company, valued at approximately $1,837,192.50. This represents a 32.44% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 12,135 shares of company stock valued at $1,467,221 over the last 90 days. 2.30% of the stock is owned by company insiders.

About Akamai Technologies

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.