Fideuram Intesa Sanpaolo Private Banking S.P.A. Grows Stock Position in Akamai Technologies, Inc. $AKAM

Fideuram Intesa Sanpaolo Private Banking S.P.A. grew its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM) by 106.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 120,419 shares of the technology infrastructure company’s stock after acquiring an additional 62,013 shares during the quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Akamai Technologies were worth $13,830,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of AKAM. Rexford Capital Inc. increased its stake in Akamai Technologies by 1.9% during the 4th quarter. Rexford Capital Inc. now owns 5,106 shares of the technology infrastructure company’s stock valued at $445,000 after purchasing an additional 93 shares in the last quarter. Assetmark Inc. lifted its stake in shares of Akamai Technologies by 31.8% during the fourth quarter. Assetmark Inc. now owns 444 shares of the technology infrastructure company’s stock worth $39,000 after buying an additional 107 shares during the period. Root Financial Partners LLC lifted its stake in shares of Akamai Technologies by 45.8% during the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock worth $31,000 after buying an additional 110 shares during the period. Perigon Wealth Management LLC grew its holdings in shares of Akamai Technologies by 2.1% during the fourth quarter. Perigon Wealth Management LLC now owns 5,502 shares of the technology infrastructure company’s stock valued at $480,000 after buying an additional 115 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Akamai Technologies by 6.3% during the fourth quarter. Allworth Financial LP now owns 2,196 shares of the technology infrastructure company’s stock valued at $192,000 after buying an additional 131 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on AKAM shares. Craig Hallum raised Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a report on Friday, May 8th. UBS Group upped their target price on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Susquehanna increased their price target on shares of Akamai Technologies from $120.00 to $175.00 and gave the stock a “positive” rating in a report on Monday, May 11th. The Goldman Sachs Group raised their price target on shares of Akamai Technologies from $76.00 to $87.00 and gave the stock a “sell” rating in a research report on Friday, May 8th. Finally, Guggenheim lifted their price objective on shares of Akamai Technologies from $133.00 to $181.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Twelve research 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. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $145.29.

Akamai Technologies Trading Up 0.3%

Shares of NASDAQ:AKAM opened at $113.17 on Friday. The business’s 50 day moving average price is $131.31 and its 200-day moving average price is $110.42. Akamai Technologies, Inc. has a 1 year low of $69.78 and a 1 year high of $165.45. The firm has a market capitalization of $16.45 billion, a price-to-earnings ratio of 38.10, a price-to-earnings-growth ratio of 3.53 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.06.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.61. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the firm posted $1.70 EPS. Akamai Technologies’s revenue was up 5.8% compared to the same quarter last year. 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 research analysts forecast that Akamai Technologies, Inc. will post 3.93 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of Akamai Technologies stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the sale, the chief technology officer owned 31,006 shares of the company’s stock, valued at $4,012,486.46. The trade was a 0.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total transaction of $311,811.00. Following the completion of the sale, the executive vice president owned 59,210 shares of the company’s stock, valued at $8,027,099.70. This trade represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.30% of the company’s stock.

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.