E. Ohman J or Asset Management AB Boosts Holdings in Akamai Technologies, Inc. $AKAM

E. Ohman J or Asset Management AB boosted its stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 22.2% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 168,612 shares of the technology infrastructure company’s stock after purchasing an additional 30,612 shares during the period. E. Ohman J or Asset Management AB’s holdings in Akamai Technologies were worth $19,932,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Sarver Vrooman Wealth Advisors acquired a new position in shares of Akamai Technologies in the 4th quarter valued at about $31,000. Root Financial Partners LLC grew its holdings in 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 acquiring an additional 110 shares during the period. CYBER HORNET ETFs LLC purchased a new position in Akamai Technologies during the second quarter valued at approximately $32,000. WealthCollab LLC lifted its holdings in Akamai Technologies by 154.2% in the fourth 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. Finally, Align Financial LLC acquired a new position in Akamai Technologies in the fourth quarter valued at approximately $34,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Transactions at Akamai Technologies

In other news, 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 value of $311,811.00. Following the completion of the sale, the executive vice president directly owned 59,210 shares in the company, valued at $8,027,099.70. This represents a 3.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $129.41, for a total transaction of $31,446.63. Following the completion of the transaction, the chief technology officer directly owned 31,006 shares in the company, valued at approximately $4,012,486.46. This represents a 0.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on AKAM. Royal Bank Of Canada dropped their price objective on shares of Akamai Technologies from $150.00 to $135.00 and set a “sector perform” rating on the stock in a research note on Friday. TD Cowen boosted their target price on shares of Akamai Technologies from $135.00 to $140.00 and gave the company a “hold” rating in a research note on Friday. Morgan Stanley increased their price target on shares of Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. HSBC restated a “hold” rating and set a $123.00 price target (down from $171.00) on shares of Akamai Technologies in a research report on Monday. Finally, Craig Hallum raised shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a report on Friday, May 8th. Twelve investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Akamai Technologies currently has an average rating of “Hold” and an average target price of $141.38.

Akamai Technologies Stock Up 6.4%

Shares of AKAM opened at $117.65 on Tuesday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.06 and a current ratio of 1.64. Akamai Technologies, Inc. has a one year low of $70.42 and a one year high of $165.45. The stock has a market capitalization of $17.10 billion, a price-to-earnings ratio of 42.32, a PEG ratio of 4.69 and a beta of 0.63. The stock has a 50 day moving average price of $124.04 and a 200 day moving average price of $116.15.

Akamai Technologies (NASDAQ:AKAM) last announced its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.02. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the firm posted $1.73 EPS. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. Equities research analysts forecast that Akamai Technologies, Inc. will post 3.91 earnings per share for the current fiscal year.

Key Stories Impacting Akamai Technologies

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

• Positive Sentiment: Jim Cramer highlighted Akamai’s business transformation, including its cloud pivot and potential benefits from supporting robotics and AI workloads. The commentary reinforces the view that Akamai could achieve faster growth from higher-value infrastructure services. Jim Cramer Examines Akamai Technologies’ Cloud Pivot and Robotics Win
• Positive Sentiment: Some analysts remain constructive: Susquehanna retained a positive rating despite reducing its price target to $140, while separate coverage raised Akamai price targets to $140 and $190. The targets imply meaningful potential upside from the latest quoted share price. Susquehanna Akamai Price Target Akamai Price Target Raised to $140 Akamai Price Target Raised to $190
• Neutral Sentiment: Akamai’s latest earnings showed a modest quarterly beat, with adjusted earnings of $1.59 per share versus $1.57 expected and revenue of approximately $1.10 billion versus $1.09 billion expected. Revenue increased 5.4% year over year, though the AI and cloud expansion requires substantial investment. Akamai Earnings Call: Heavy Investment Fuels AI Pivot
• Negative Sentiment: Analyst caution remains a headwind. HSBC reportedly cut its rating, while Piper Sandler and Royal Bank of Canada lowered their price targets to $140 and $135, respectively. An earlier analyst downgrade contributed to a sharp selloff, underscoring concerns about valuation and the pace of growth. HSBC Rating Cut Piper Sandler Cuts Price Target RBC Cuts Price Target

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.