Rokos Capital Management LLP Acquires Shares of 33,855 Akamai Technologies, Inc. $AKAM

Rokos Capital Management LLP acquired a new stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) during the first quarter, Holdings Channel.com reports. The fund acquired 33,855 shares of the technology infrastructure company’s stock, valued at approximately $3,889,000.

Several other large investors also recently modified their holdings of the business. First Trust Advisors LP increased its position in shares of Akamai Technologies by 16.5% during the fourth quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock worth $589,112,000 after acquiring an additional 957,345 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Akamai Technologies by 11.2% in the first quarter. Dimensional Fund Advisors LP now owns 3,464,793 shares of the technology infrastructure company’s stock valued at $397,881,000 after purchasing an additional 349,451 shares during the last quarter. Invesco Ltd. grew its stake in Akamai Technologies by 5.8% during the 3rd quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock valued at $245,394,000 after purchasing an additional 177,756 shares in the last quarter. Norges Bank purchased a new position in shares of Akamai Technologies during the 4th quarter valued at approximately $192,959,000. Finally, Alyeska Investment Group L.P. boosted its stake in shares of Akamai Technologies by 34.5% during the 4th quarter. Alyeska Investment Group L.P. now owns 2,197,218 shares of the technology infrastructure company’s stock valued at $191,707,000 after buying an additional 563,178 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Akamai Technologies Price Performance

Shares of NASDAQ AKAM opened at $112.85 on Tuesday. Akamai Technologies, Inc. has a twelve month low of $69.78 and a twelve month high of $165.45. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $16.41 billion, a price-to-earnings ratio of 38.00, a price-to-earnings-growth ratio of 3.62 and a beta of 0.63. The business has a 50 day simple moving average of $130.17 and a 200-day simple moving average of $114.33.

Akamai Technologies (NASDAQ:AKAM) last announced 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. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period last year, the business posted $1.70 earnings per share. 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. As a group, equities research analysts expect that Akamai Technologies, Inc. will post 3.92 earnings per share for the current year.

Insiders Place Their Bets

In other news, CTO Robert Blumofe sold 243 shares of the firm’s stock in a transaction dated 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 directly owned 31,006 shares in the company, valued at approximately $4,012,486.46. This trade represents a 0.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of Akamai Technologies 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 transaction, the executive vice president directly 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. 2.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Evercore started coverage on shares of Akamai Technologies in a research note on Tuesday, April 14th. They issued an “outperform” rating and a $130.00 price target for the company. Royal Bank Of Canada increased their price objective on shares of Akamai Technologies from $100.00 to $150.00 and gave the company a “sector perform” rating in a research note on Friday, May 8th. Robert W. Baird reissued a “neutral” rating and set a $110.00 price objective on shares of Akamai Technologies in a report on Thursday, April 2nd. Piper Sandler reissued a “neutral” rating and issued a $156.00 target price (up from $114.00) on shares of Akamai Technologies in a research report on Friday, May 8th. Finally, Zacks Research upgraded shares of Akamai Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Twelve analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Akamai Technologies currently has a consensus rating of “Hold” and an average target price of $145.29.

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.