Akamai Technologies, Inc. $AKAM Shares Newly Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) in the 3rd quarter, Holdings Channel reports. The fund bought 57,550 shares of the technology infrastructure company’s stock, valued at approximately $6,120,000.

A number of other large investors have also bought and sold shares of the stock. Dimensional Fund Advisors LP grew its stake in shares of Akamai Technologies by 11.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock valued at $397,881,000 after buying an additional 349,451 shares during the period. Edmond DE Rothschild Holding S.A. bought a new stake in Akamai Technologies during the second quarter worth $222,046,000. William Blair Investment Management LLC bought a new stake in shares of Akamai Technologies in the 2nd quarter worth $181,508,000. Legal & General Group Plc purchased a new stake in Akamai Technologies in the 2nd quarter valued at about $159,564,000. Finally, Rubric Capital Management LP increased its position in shares of Akamai Technologies by 8.3% during the first quarter. Rubric Capital Management LP now owns 1,300,000 shares of the technology infrastructure company’s stock valued at $149,305,000 after acquiring an additional 100,000 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Akamai Technologies Price Performance

Akamai Technologies stock opened at $77.84 on Friday. Akamai Technologies, Inc. has a 12 month low of $71.93 and a 12 month high of $165.45. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.23. The business’s 50 day simple moving average is $102.11 and its 200 day simple moving average is $112.27. The company has a market cap of $11.19 billion, a price-to-earnings ratio of 28.00, a PEG ratio of 4.05 and a beta of 0.65.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings data on Thursday, November 5th. The technology infrastructure company reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.10. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the company earned $1.86 earnings per share. Akamai Technologies’s revenue was up 6.4% compared to the same quarter last year. Akamai Technologies has set its FY 2026 guidance at 6.470-6.680 EPS and its Q4 2026 guidance at 1.500-1.700 EPS. Sell-side analysts forecast that Akamai Technologies, Inc. will post 3.58 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AKAM. Piper Sandler decreased their target price on Akamai Technologies from $158.00 to $120.00 and set an “overweight” rating for the company in a research report on Wednesday, October 21st. HSBC downgraded shares of Akamai Technologies from a “buy” rating to a “hold” rating and cut their price target for the stock from $171.00 to $123.00 in a report on Monday, August 10th. Morgan Stanley reduced their price target on shares of Akamai Technologies from $165.00 to $149.00 and set an “overweight” rating for the company in a research report on Monday. President Capital increased their price target on shares of Akamai Technologies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, September 30th. Finally, UBS Group decreased their price objective on shares of Akamai Technologies from $148.00 to $100.00 and set a “neutral” rating for the company in a report on Thursday, October 22nd. 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. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $145.24.

Insider Activity

In other news, EVP Paul C. Joseph sold 3,100 shares of the 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 completion of the transaction, the executive vice president owned 28,472 shares in the company, valued at approximately $3,007,497.36. This represents a 9.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mani Sundaram sold 7,022 shares of Akamai Technologies stock in a transaction dated 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 approximately $1,837,192.50. This trade represents a 32.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 in the last 90 days. Insiders own 2.30% of the company’s stock.

Key Akamai Technologies News

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

• Positive Sentiment: Third-quarter EPS was $1.77, above the $1.67 analyst consensus. Full-year 2026 EPS guidance of $6.47–$6.68 also exceeds the $6.03 consensus. Akamai Q3 Earnings and Revenues
• Negative Sentiment: Fourth-quarter EPS guidance of $1.50–$1.70 has a midpoint below the $1.63 consensus. The $1.1–$1.2 billion revenue range also has a midpoint below analysts’ $1.2 billion estimate, raising concerns about near-term performance. Akamai quarterly results and guidance
• Negative Sentiment: Full-year revenue guidance of $4.4–$4.5 billion reaches, but does not exceed, the $4.5 billion consensus at its high end. Third-quarter EPS was also below the $1.86 reported a year earlier, despite beating estimates. Akamai Q3 key metrics

Akamai Technologies 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.