Rep. Lisa C. McClain Sells Off Shares of Akamai Technologies, Inc. (NASDAQ:AKAM)

Representative Lisa C. McClain (R-Michigan) recently sold shares of Akamai Technologies, Inc. (NASDAQ:AKAM). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in Akamai Technologies stock on October 31st. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

Akamai Technologies Price Performance

Shares of NASDAQ AKAM traded down $1.26 during midday trading on Wednesday, reaching $89.45. The company’s stock had a trading volume of 2,917,807 shares, compared to its average volume of 2,446,764. Akamai Technologies, Inc. has a one year low of $67.51 and a one year high of $103.75. The company has a market cap of $12.87 billion, a price-to-earnings ratio of 31.72, a price-to-earnings-growth ratio of 3.49 and a beta of 0.72. The company has a 50 day moving average price of $78.78 and a 200 day moving average price of $77.95. The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 0.92.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, November 6th. The technology infrastructure company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.22. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.04 billion. Akamai Technologies had a net margin of 10.40% and a return on equity of 14.26%. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.59 earnings per share. Akamai Technologies has set its FY 2025 guidance at 6.930-7.130 EPS. Q4 2025 guidance at 1.650-1.850 EPS. On average, equities research analysts expect that Akamai Technologies, Inc. will post 4.6 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Scotiabank dropped their price target on Akamai Technologies from $95.00 to $94.00 and set a “hold” rating on the stock in a research note on Friday, November 7th. Morgan Stanley decreased their target price on shares of Akamai Technologies from $85.00 to $83.00 and set an “underweight” rating for the company in a report on Friday, November 7th. Oppenheimer started coverage on shares of Akamai Technologies in a report on Monday, November 17th. They set an “outperform” rating and a $100.00 price target on the stock. DA Davidson reaffirmed a “buy” rating and issued a $115.00 price objective on shares of Akamai Technologies in a research note on Thursday, October 16th. Finally, President Capital boosted their target price on shares of Akamai Technologies from $104.00 to $116.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Six research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Akamai Technologies currently has a consensus rating of “Hold” and an average target price of $93.63.

Institutional Investors Weigh In On Akamai Technologies

Hedge funds have recently modified their holdings of the business. Whittier Trust Co. of Nevada Inc. increased its position in Akamai Technologies by 295.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock worth $26,000 after acquiring an additional 251 shares during the period. WPG Advisers LLC acquired a new stake in Akamai Technologies in the 1st quarter worth $27,000. Smartleaf Asset Management LLC increased its holdings in shares of Akamai Technologies by 566.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after purchasing an additional 289 shares during the period. TD Waterhouse Canada Inc. raised its position in shares of 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 buying an additional 195 shares during the last quarter. Finally, UMB Bank n.a. raised its position in shares of Akamai Technologies by 50.8% during the second quarter. UMB Bank n.a. now owns 395 shares of the technology infrastructure company’s stock valued at $32,000 after buying an additional 133 shares during the last quarter. 94.28% of the stock is owned by institutional investors.

Insider Transactions at Akamai Technologies

In other Akamai Technologies news, EVP Paul C. Joseph sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $76.65, for a total value of $383,250.00. Following the completion of the sale, the executive vice president owned 27,349 shares in the company, valued at approximately $2,096,300.85. This trade represents a 15.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Robert Blumofe sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $86.00, for a total value of $301,000.00. Following the sale, the chief technology officer owned 24,410 shares in the company, valued at approximately $2,099,260. This represents a 12.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.00% of the stock is owned by company insiders.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Akamai Technologies Company Profile

Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.