Sumitomo Mitsui DS Asset Management Company Ltd Has $381,000 Stock Holdings in Akamai Technologies, Inc. $AKAM

Sumitomo Mitsui DS Asset Management Company Ltd cut its position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 77.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,362 shares of the technology infrastructure company’s stock after selling 14,774 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Akamai Technologies were worth $381,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Rakuten Investment Management Inc. acquired a new position in shares of Akamai Technologies during the 3rd quarter worth about $5,323,000. Fox Run Management L.L.C. grew its stake in Akamai Technologies by 467.7% in the 3rd quarter. Fox Run Management L.L.C. now owns 19,144 shares of the technology infrastructure company’s stock valued at $1,450,000 after buying an additional 15,772 shares during the last quarter. National Pension Service grew its stake in Akamai Technologies by 48.5% in the 3rd quarter. National Pension Service now owns 68,111 shares of the technology infrastructure company’s stock valued at $5,160,000 after buying an additional 22,242 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its stake in Akamai Technologies by 42.4% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 251,322 shares of the technology infrastructure company’s stock valued at $19,040,000 after buying an additional 74,791 shares during the last quarter. Finally, Nordea Investment Management AB grew its stake in Akamai Technologies by 39.9% in the 3rd quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company’s stock valued at $258,739,000 after buying an additional 980,966 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Akamai Technologies News Roundup

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

• Positive Sentiment: Akamai reported first-quarter revenue of $1.074 billion, up 6% year over year, and non-GAAP EPS of $1.61, matching Wall Street estimates while showing solid demand in security and cloud infrastructure. Akamai Reports First Quarter 2026 Financial Results
• Positive Sentiment: The company said a leading frontier-model provider committed $1.8 billion over seven years for Akamai’s cloud infrastructure services, giving investors a clear signal that its AI-related business could become a much larger growth driver. Akamai Reports First Quarter 2026 Financial Results
• Positive Sentiment: Analysts turned more constructive after the report, with price targets lifted by RBC, UBS, Guggenheim, and Craig Hallum, reflecting improved expectations for Akamai’s growth outlook. Analyst updates
• Neutral Sentiment: Akamai’s second-quarter and full-year guidance was mixed versus expectations: FY 2026 EPS guidance was raised, but Q2 profit and revenue outlooks were below some Wall Street estimates, suggesting near-term margin pressure from higher infrastructure costs and cautious enterprise spending. Akamai forecasts quarterly results below expectations
• Neutral Sentiment: Unusually heavy call-option buying also points to traders positioning for more upside, but that activity is more of a momentum signal than a fundamental catalyst. Why Akamai Shares Are Trading Higher By 26%

Insider Transactions at Akamai Technologies

In other Akamai Technologies news, CAO Laura Howell sold 11,273 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $100.14, for a total value of $1,128,878.22. Following the completion of the sale, the chief accounting officer owned 12,559 shares of the company’s stock, valued at $1,257,658.26. The trade was a 47.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Mani Sundaram sold 1,722 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $98.58, for a total transaction of $169,754.76. Following the completion of the sale, the executive vice president directly owned 21,647 shares of the company’s stock, valued at $2,133,961.26. This represents a 7.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 57,454 shares of company stock worth $5,889,371. Company insiders own 2.30% of the company’s stock.

Akamai Technologies Stock Performance

NASDAQ AKAM opened at $147.71 on Monday. The company has a quick ratio of 2.36, a current ratio of 2.06 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $21.42 billion, a P/E ratio of 49.73, a P/E/G ratio of 5.09 and a beta of 0.45. Akamai Technologies, Inc. has a 12-month low of $69.78 and a 12-month high of $149.76. The firm has a 50-day moving average price of $105.43 and a two-hundred day moving average price of $94.85.

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, meeting analysts’ consensus estimates of $1.61. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. Analysts anticipate that Akamai Technologies, Inc. will post 4.15 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Akamai Technologies in a research note on Friday, March 27th. Wall Street Zen lowered shares of Akamai Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Susquehanna upped their price target on shares of Akamai Technologies from $105.00 to $120.00 and gave the company a “positive” rating in a research note on Friday, February 20th. JPMorgan Chase & Co. upped their price target on shares of Akamai Technologies from $72.00 to $100.00 in a research note on Friday. Finally, Raymond James Financial set a $120.00 price target on shares of Akamai Technologies in a research note on Thursday, March 12th. Eleven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $129.48.

Akamai Technologies 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.