Leeward Investments LLC MA Acquires 36,395 Shares of Akamai Technologies, Inc. $AKAM

Leeward Investments LLC MA raised its holdings in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 32.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 148,104 shares of the technology infrastructure company’s stock after acquiring an additional 36,395 shares during the quarter. Leeward Investments LLC MA’s holdings in Akamai Technologies were worth $12,922,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. JFS Wealth Advisors LLC raised its holdings in Akamai Technologies by 626.2% during the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after acquiring an additional 263 shares during the period. Whittier Trust Co. of Nevada Inc. raised its holdings in Akamai Technologies by 295.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 251 shares during the period. Smartleaf Asset Management LLC raised its holdings in Akamai Technologies by 566.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 289 shares during the period. TD Waterhouse Canada Inc. raised its holdings in Akamai Technologies by 130.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 195 shares during the period. Finally, WealthCollab LLC raised its holdings in Akamai Technologies by 154.2% during the 4th quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock valued at $34,000 after acquiring an additional 239 shares during the period. Institutional investors own 94.28% of the company’s stock.

Insider Activity at Akamai Technologies

In other news, CAO Laura Howell sold 11,273 shares of Akamai Technologies stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $100.14, for a total transaction of $1,128,878.22. Following the completion of the sale, the chief accounting officer directly owned 12,559 shares of the company’s stock, valued at approximately $1,257,658.26. The trade was a 47.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Anthony P. Williams sold 15,000 shares of Akamai Technologies stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the sale, the executive vice president directly owned 22,064 shares of the company’s stock, valued at $2,301,054.56. This represents a 40.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 53,954 shares of company stock worth $5,511,371 in the last three months. 2.30% of the stock is owned by insiders.

Akamai Technologies Stock Down 3.4%

AKAM opened at $155.67 on Friday. The company has a fifty day moving average price of $110.81 and a 200-day moving average price of $97.61. The firm has a market capitalization of $22.63 billion, a P/E ratio of 52.41, a price-to-earnings-growth ratio of 5.21 and a beta of 0.45. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.36. Akamai Technologies, Inc. has a one year low of $69.78 and a one year high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, meeting analysts’ consensus estimates of $1.61. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.07 billion. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the previous year, the business earned $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. Equities research analysts expect that Akamai Technologies, Inc. will post 4.43 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have issued reports on AKAM. Piper Sandler reissued a “neutral” rating and set a $156.00 target price (up from $114.00) on shares of Akamai Technologies in a report on Friday, May 8th. Evercore began coverage on shares of Akamai Technologies in a report on Tuesday, April 14th. They set an “outperform” rating and a $130.00 target price on the stock. Morgan Stanley boosted their target price on shares of Akamai Technologies from $120.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday. JPMorgan Chase & Co. boosted their price target on shares of Akamai Technologies from $72.00 to $100.00 in a research report on Friday, May 8th. Finally, Citigroup boosted their price target on shares of Akamai Technologies from $103.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Twelve research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $142.90.

More Akamai Technologies News

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

• Positive Sentiment: Bank of America upgraded Akamai to Buy and raised its price target to $175, citing confidence in Akamai’s shift toward AI infrastructure rather than a traditional CDN business. Akamai Technologies upgraded by Bank of America on AI infrastructure shift
• Positive Sentiment: Morgan Stanley also lifted its price target to $165 and kept an Overweight rating, reinforcing bullish sentiment from Wall Street. Morgan Stanley raises price target on Akamai Technologies
• Positive Sentiment: Akamai announced a definitive agreement to acquire LayerX, a browser-based AI usage control and secure enterprise browser company, expanding its workforce security strategy and AI-related capabilities. Akamai Technologies Announces Intent to Acquire LayerX
• Neutral Sentiment: The company is also increasing investment in AI and cloud infrastructure in Asia and deepening its Nvidia partnership, which supports the long-term growth story but may require higher spending near term. Cloud Company Akamai Hits Asia Revenue Milestone as It Ramps Up Investment, M&A
• Negative Sentiment: Shares are seeing some profit-taking after a sharp recent run-up, and the LayerX deal may raise questions about integration risk, purchase price, and near-term margin impact. Akamai shares slide as investors digest LayerX acquisition news and recent run-up

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.