Vise Technologies Inc. Makes New Investment in Akamai Technologies, Inc. $AKAM

Vise Technologies Inc. acquired a new stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAMFree Report) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 5,355 shares of the technology infrastructure company’s stock, valued at approximately $633,000.

A number of other institutional investors have also recently made changes to their positions in AKAM. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Akamai Technologies in the fourth quarter worth about $31,000. Root Financial Partners LLC grew its holdings in Akamai Technologies by 45.8% during the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after buying an additional 110 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in Akamai Technologies during the 2nd quarter valued at approximately $32,000. Align Financial LLC bought a new stake in Akamai Technologies in the 4th quarter worth approximately $34,000. Finally, MUFG Securities EMEA plc bought a new stake in Akamai Technologies in the 2nd quarter worth approximately $35,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on AKAM shares. JPMorgan Chase & Co. upgraded Akamai Technologies from an “underweight” rating to a “neutral” rating and increased their target price for the company from $132.00 to $158.00 in a research report on Thursday, August 13th. Craig Hallum raised shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 target price for the company in a report on Friday, May 8th. Raymond James Financial boosted their price target on shares of Akamai Technologies from $140.00 to $170.00 in a research report on Monday, May 11th. Guggenheim upped their price target on shares of Akamai Technologies from $181.00 to $190.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Citigroup increased their price objective on shares of Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, May 15th. Twelve equities 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. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $144.14.

View Our Latest Research Report on Akamai Technologies

Insiders Place Their Bets

In other Akamai Technologies news, 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 transaction of $31,446.63. Following the completion of the transaction, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at $4,012,486.46. The trade was a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 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 transaction, the executive vice president directly owned 59,210 shares of the company’s stock, valued at $8,027,099.70. The trade was a 3.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is owned by company insiders.

Akamai Technologies Stock Performance

Shares of AKAM stock opened at $110.42 on Monday. The company has a market cap of $15.87 billion, a PE ratio of 39.72, a price-to-earnings-growth ratio of 5.07 and a beta of 0.63. Akamai Technologies, Inc. has a 1 year low of $70.82 and a 1 year high of $165.45. The stock’s 50 day simple moving average is $119.17 and its two-hundred day simple moving average is $117.40. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64.

Akamai Technologies (NASDAQ:AKAMGet Free Report) last announced its earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.02. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The company’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.73 EPS. 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 predict that Akamai Technologies, Inc. will post 3.67 earnings per share for the current year.

Akamai Technologies Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Akamai Technologies (NASDAQ:AKAM)

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