Edmond DE Rothschild Holding S.A. Purchases New Stake in Akamai Technologies, Inc. $AKAM

Edmond DE Rothschild Holding S.A. bought a new position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) during the second quarter, HoldingsChannel reports. The firm bought 1,878,401 shares of the technology infrastructure company’s stock, valued at approximately $222,046,000. Akamai Technologies makes up about 2.9% of Edmond DE Rothschild Holding S.A.’s holdings, making the stock its 5th biggest holding.

Other large investors also recently modified their holdings of the company. Sarver Vrooman Wealth Advisors acquired a new position in Akamai Technologies during the 4th quarter valued at approximately $31,000. Root Financial Partners LLC boosted its position in shares of 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 buying an additional 110 shares during the period. WealthCollab LLC boosted its position in shares of Akamai Technologies by 154.2% during the fourth quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock worth $34,000 after buying an additional 239 shares during the period. CYBER HORNET ETFs LLC bought a new position in Akamai Technologies in the 2nd quarter worth approximately $32,000. Finally, Cedar Mountain Advisors LLC bought a new position in Akamai Technologies in the 1st quarter worth approximately $47,000. 94.28% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on AKAM shares. Citigroup lifted their target price on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. UBS Group increased their target price on shares of Akamai Technologies from $125.00 to $143.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Piper Sandler decreased their price target on Akamai Technologies from $156.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, August 7th. Morgan Stanley lifted their price objective on shares of Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Finally, Susquehanna reduced their target price on Akamai Technologies from $175.00 to $140.00 and set a “positive” rating for the company in a report on Monday, August 10th. Twelve research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Akamai Technologies presently has a consensus rating of “Hold” and an average price target of $144.14.

Akamai Technologies Price Performance

NASDAQ AKAM opened at $112.84 on Thursday. Akamai Technologies, Inc. has a twelve month low of $70.82 and a twelve month high of $165.45. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64. The stock has a market capitalization of $16.22 billion, a PE ratio of 40.59, a P/E/G ratio of 5.24 and a beta of 0.63. The stock has a 50-day simple moving average of $120.08 and a 200 day simple moving average of $117.21.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.02. Akamai Technologies had a net margin of 9.51% and a return on equity of 11.32%. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the business posted $1.73 EPS. The business’s quarterly revenue 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. Research analysts anticipate that Akamai Technologies, Inc. will post 3.7 EPS for the current year.

Insider Activity

In other news, EVP Kim Salem-Jackson sold 2,300 shares of the firm’s stock in a transaction that occurred on 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 sale, the executive vice president owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. This trade represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 completion of the transaction, the chief technology officer owned 31,006 shares of the company’s stock, valued at approximately $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. 2.30% of the stock is currently owned by corporate insiders.

About Akamai Technologies

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.