PensionDanmark Pensionsforsikringsaktieselskab Cuts Stock Holdings in Akamai Technologies, Inc. $AKAM

PensionDanmark Pensionsforsikringsaktieselskab lowered its stake in Akamai Technologies, Inc. (NASDAQ:AKAM) by 65.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 10,613 shares of the technology infrastructure company’s stock after selling 19,701 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Akamai Technologies were worth $1,255,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AKAM. Brighton Jones LLC raised its holdings in Akamai Technologies by 101.4% during the 4th quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company’s stock valued at $384,000 after buying an additional 2,022 shares during the last quarter. Jones Financial Companies Lllp boosted its position in Akamai Technologies by 35.2% during the 1st quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock valued at $88,000 after buying an additional 283 shares during the period. United Services Automobile Association bought a new stake in Akamai Technologies in the 1st quarter worth $266,000. Empowered Funds LLC grew its holdings in Akamai Technologies by 73.0% in the 1st quarter. Empowered Funds LLC now owns 7,134 shares of the technology infrastructure company’s stock worth $574,000 after acquiring an additional 3,010 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Akamai Technologies by 152.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,163 shares of the technology infrastructure company’s stock valued at $93,000 after acquiring an additional 703 shares during the period. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Akamai Technologies Trading Up 6.4%

NASDAQ:AKAM opened at $117.65 on Tuesday. Akamai Technologies, Inc. has a one year low of $70.42 and a one year high of $165.45. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 2.06. The company’s 50-day simple moving average is $124.04 and its 200 day simple moving average is $116.15. The firm has a market capitalization of $17.10 billion, a P/E ratio of 42.32, a PEG ratio of 4.69 and a beta of 0.63.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results 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 net margin of 9.51% and a return on equity of 11.32%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the firm earned $1.73 earnings per share. The business’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. As a group, analysts forecast that Akamai Technologies, Inc. will post 3.91 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on AKAM. Scotiabank upped their price objective on shares of Akamai Technologies from $120.00 to $180.00 and gave the company a “sector outperform” rating in a research note on Friday, May 8th. Royal Bank Of Canada reduced their price target on Akamai Technologies from $150.00 to $135.00 and set a “sector perform” rating on the stock in a report on Friday. Susquehanna lowered their price target on Akamai Technologies from $175.00 to $140.00 and set a “positive” rating for the company in a research report on Monday. Morgan Stanley increased their price objective on Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Finally, Citigroup lifted their price objective on Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a research report on Friday, May 15th. Twelve research 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. According to MarketBeat.com, Akamai Technologies presently has an average rating of “Hold” and an average target price of $141.38.

Insider Activity at Akamai Technologies

In related news, EVP Kim Salem-Jackson sold 2,300 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total transaction of $311,811.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $31,446.63. Following the transaction, 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.30% of the company’s stock.

Trending Headlines about 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.