Norges Bank Takes Position in Akamai Technologies, Inc. $AKAM

Norges Bank bought a new stake in Akamai Technologies, Inc. (NASDAQ:AKAM) during the fourth quarter, Holdings Channel reports. The institutional investor bought 2,211,563 shares of the technology infrastructure company’s stock, valued at approximately $192,959,000.

A number of other institutional investors have also modified their holdings of AKAM. TD Waterhouse Canada Inc. increased its holdings in shares of Akamai Technologies by 130.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 195 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after acquiring an additional 289 shares during the period. JFS Wealth Advisors LLC increased its holdings in shares of Akamai Technologies by 626.2% in the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after acquiring an additional 263 shares during the period. Atlantic Union Bankshares Corp acquired a new position in shares of Akamai Technologies in the 3rd quarter valued at $30,000. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Akamai Technologies in the 2nd quarter valued at $32,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, 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 value of $169,754.76. Following the sale, the executive vice president directly owned 21,647 shares in the company, valued at $2,133,961.26. The trade was a 7.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Anthony P. Williams sold 15,000 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $104.29, for a total transaction of $1,564,350.00. Following the completion of the sale, the executive vice president owned 22,064 shares in the company, valued at $2,301,054.56. This represents a 40.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.30% of the stock is owned by insiders.

Akamai Technologies Stock Performance

NASDAQ:AKAM opened at $160.36 on Thursday. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.84. Akamai Technologies, Inc. has a fifty-two week low of $69.78 and a fifty-two week high of $165.45. The stock has a market cap of $23.31 billion, a PE ratio of 53.99, a price-to-earnings-growth ratio of 5.06 and a beta of 0.60. The firm’s fifty day simple moving average is $122.88 and its 200-day simple moving average is $104.52.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.61. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the prior year, the company posted $1.70 EPS. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. 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 expect that Akamai Technologies, Inc. will post 3.89 earnings per share for the current fiscal year.

Key Headlines Impacting Akamai Technologies

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

• Positive Sentiment: Akamai announced a new partner program relationship with GM Sectec, expanding its security ecosystem and potentially boosting enterprise adoption of its platform. Akamai and GM Sectec Partner to Secure Autonomous Digital Workforce
• Positive Sentiment: Akamai and NVIDIA expanded their partnership to embed Zero Trust security into AI infrastructure, reinforcing Akamai’s relevance in the fast-growing AI security market. Akamai Brings Security Inside AI Factories with NVIDIA
• Neutral Sentiment: Zacks Research reiterated a Strong Sell stance while publishing mixed earnings estimate changes, including a small boost to Q4 2027 EPS but modest cuts to several near-term and long-term periods. Bear of the Day: Akamai Technologies (AKAM)
• Negative Sentiment: Several Zacks Research forecast cuts to Akamai’s 2026–2028 EPS estimates suggest analysts see slower profit growth ahead, which can weigh on valuation for a stock already trading near its 52-week high.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AKAM. Morgan Stanley boosted their price objective on shares of Akamai Technologies from $120.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Guggenheim boosted 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. Raymond James Financial boosted their price objective on shares of Akamai Technologies from $140.00 to $170.00 in a research note on Monday, May 11th. Oppenheimer boosted their price objective on shares of Akamai Technologies from $115.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Finally, KeyCorp boosted their price objective on shares of Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Twelve equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price 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.