Fox Run Management L.L.C. Sells 4,463 Shares of Akamai Technologies, Inc. $AKAM

Fox Run Management L.L.C. cut its stake in Akamai Technologies, Inc. (NASDAQ:AKAM) by 23.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 14,681 shares of the technology infrastructure company’s stock after selling 4,463 shares during the period. Fox Run Management L.L.C.’s holdings in Akamai Technologies were worth $1,281,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Assetmark Inc. boosted its holdings in Akamai Technologies by 31.8% in the fourth quarter. Assetmark Inc. now owns 444 shares of the technology infrastructure company’s stock valued at $39,000 after acquiring an additional 107 shares during the last quarter. Root Financial Partners LLC boosted its holdings in Akamai Technologies by 45.8% in the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after acquiring an additional 110 shares during the last quarter. Perigon Wealth Management LLC boosted its holdings in Akamai Technologies by 2.1% in the fourth quarter. Perigon Wealth Management LLC now owns 5,502 shares of the technology infrastructure company’s stock valued at $480,000 after acquiring an additional 115 shares during the last quarter. Allworth Financial LP boosted its holdings in Akamai Technologies by 6.3% in the fourth quarter. Allworth Financial LP now owns 2,196 shares of the technology infrastructure company’s stock valued at $192,000 after acquiring an additional 131 shares during the last quarter. Finally, Siemens Fonds Invest GmbH boosted its holdings in Akamai Technologies by 8.3% in the third quarter. Siemens Fonds Invest GmbH now owns 2,043 shares of the technology infrastructure company’s stock valued at $155,000 after acquiring an additional 156 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors.

Akamai Technologies Price Performance

Akamai Technologies stock opened at $137.81 on Wednesday. The stock has a market capitalization of $20.03 billion, a price-to-earnings ratio of 46.40, a PEG ratio of 4.48 and a beta of 0.60. Akamai Technologies, Inc. has a 52-week low of $69.78 and a 52-week high of $165.45. The stock’s 50 day moving average price is $125.33 and its two-hundred day moving average price is $106.20. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.61. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the prior 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. On average, equities analysts predict that Akamai Technologies, Inc. will post 3.89 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently commented on AKAM shares. Piper Sandler reiterated a “neutral” rating and issued a $156.00 target price (up from $114.00) on shares of Akamai Technologies in a report on Friday, May 8th. TD Cowen reduced their target price on Akamai Technologies from $104.00 to $100.00 and set a “hold” rating on the stock in a report on Friday, February 20th. Evercore began coverage on Akamai Technologies in a report on Tuesday, April 14th. They issued an “outperform” rating and a $130.00 target price on the stock. Guggenheim increased their price target on Akamai Technologies from $133.00 to $181.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, Royal Bank Of Canada increased their price target on Akamai Technologies from $100.00 to $150.00 and gave the stock a “sector perform” rating in a report on Friday, May 8th. Twelve investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $145.29.

Akamai Technologies Company Profile

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.