Akamai Technologies (NASDAQ:AKAM) EVP Mani Sundaram Sells 8,642 Shares

Akamai Technologies, Inc. (NASDAQ:AKAM) EVP Mani Sundaram sold 8,642 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $101.25, for a total transaction of $875,002.50. Following the completion of the sale, the executive vice president owned 19,923 shares in the company, valued at $2,017,203.75. This represents a 30.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Akamai Technologies Stock Up 0.9%

Shares of AKAM opened at $102.98 on Thursday. Akamai Technologies, Inc. has a 52 week low of $67.51 and a 52 week high of $113.50. The stock has a market capitalization of $14.92 billion, a price-to-earnings ratio of 33.44, a PEG ratio of 3.44 and a beta of 0.72. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36. The stock has a fifty day moving average of $95.51 and a 200-day moving average of $85.60.

Akamai Technologies (NASDAQ:AKAM) last issued its earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.75 by $0.09. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the prior year, the firm earned $1.66 EPS. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. As a group, sell-side analysts anticipate that Akamai Technologies, Inc. will post 4.6 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Akamai Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of AKAM. DLD Asset Management LP grew its stake in Akamai Technologies by 60.0% in the second quarter. DLD Asset Management LP now owns 20,000,000 shares of the technology infrastructure company’s stock valued at $1,595,200,000 after acquiring an additional 7,500,000 shares during the period. Norges Bank bought a new position in shares of Akamai Technologies in the second quarter valued at $266,817,000. AQR Capital Management LLC grew its holdings in shares of Akamai Technologies by 522.8% during the third quarter. AQR Capital Management LLC now owns 2,020,346 shares of the technology infrastructure company’s stock valued at $153,061,000 after buying an additional 1,695,937 shares during the last quarter. Alyeska Investment Group L.P. increased its position in shares of Akamai Technologies by 570.0% during the third quarter. Alyeska Investment Group L.P. now owns 1,634,040 shares of the technology infrastructure company’s stock worth $123,795,000 after acquiring an additional 1,390,167 shares in the last quarter. Finally, Rubric Capital Management LP acquired a new stake in shares of Akamai Technologies in the 4th quarter worth about $104,700,000. 94.28% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AKAM has been the subject of several recent research reports. TD Cowen decreased their price target on shares of Akamai Technologies from $104.00 to $100.00 and set a “hold” rating for the company in a research report on Friday, February 20th. Susquehanna raised their target price on Akamai Technologies from $105.00 to $120.00 and gave the stock a “positive” rating in a research report on Friday, February 20th. Piper Sandler upped their price target on Akamai Technologies from $89.00 to $97.00 and gave the company a “neutral” rating in a research report on Monday, February 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Akamai Technologies in a research note on Monday, December 29th. Finally, UBS Group lifted their price objective on Akamai Technologies from $90.00 to $110.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Ten research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $108.84.

Key Akamai Technologies News

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

• Positive Sentiment: Akamai disclosed technical details on a four‑year, $200M agreement to host a multi‑thousand NVIDIA Blackwell GPU cluster and related high‑performance storage/networking on its distributed cloud — a major commercial win that validates its strategy to scale AI infrastructure and Inference Cloud capabilities. Akamai Discloses Technical Details on AI Cluster Deal
• Positive Sentiment: Market commentary points to a relief rebound after Akamai’s Q4 beat and an earlier post‑earnings selloff tied to higher 2026 investment plans; analysts reiterating the AI/inference cloud thesis likely helped the intraday rally. Akamai Technologies (AKAM) jumps as investors revisit post-earnings selloff and AI-infrastructure thesis
• Neutral Sentiment: Akamai presented at the Raymond James institutional investor conference (transcript available), which provides additional management commentary but no new market‑moving disclosures beyond the AI deal and guidance reiterated on the Q4 call. Akamai Presents at 47th Annual Raymond James Institutional Investor Conference Transcript
• Neutral Sentiment: Media pieces weighing whether to buy/sell/hold note the company’s ramp in GPU capacity and higher capex plans; useful for context but not a single decisive catalyst. As Akamai Loads Up on GPUs, Should You Buy, Sell, or Hold AKAM Stock?
• Negative Sentiment: Several insider sales were disclosed this week (EVP Mani Sundaram, Director Jon Miller, Director Madhu Ranganathan among others), which can be interpreted as a near‑term negative signal for sentiment even if sales have benign personal reasons. See filings for details. SEC Form 4 (Mani Sundaram)
• Negative Sentiment: Concentration risk: the $200M deal involves a single major U.S. tech customer — material commercial validation but adds customer‑concentration risk if that relationship changes. Akamai Announces $200 Million AI Compute Service Agreement

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.