Argos Wealth Advisors LLC Invests $283,000 in Akamai Technologies, Inc. $AKAM

Argos Wealth Advisors LLC purchased a new position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) during the fourth quarter, HoldingsChannel reports. The firm purchased 3,238 shares of the technology infrastructure company’s stock, valued at approximately $283,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nordea Investment Management AB lifted its holdings in shares of Akamai Technologies by 39.9% in the third quarter. Nordea Investment Management AB now owns 3,437,472 shares of the technology infrastructure company’s stock valued at $258,739,000 after purchasing an additional 980,966 shares in the last quarter. Invesco Ltd. increased its position in shares of Akamai Technologies by 5.8% in the third quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock worth $245,394,000 after acquiring an additional 177,756 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Akamai Technologies by 35.6% in the third quarter. Dimensional Fund Advisors LP now owns 2,331,333 shares of the technology infrastructure company’s stock worth $176,626,000 after acquiring an additional 612,071 shares in the last quarter. AQR Capital Management LLC grew its holdings in Akamai Technologies by 522.8% during the 3rd quarter. AQR Capital Management LLC now owns 2,020,346 shares of the technology infrastructure company’s stock valued at $153,061,000 after purchasing an additional 1,695,937 shares in the last quarter. Finally, Alyeska Investment Group L.P. grew its holdings in Akamai Technologies by 570.0% during the 3rd quarter. Alyeska Investment Group L.P. now owns 1,634,040 shares of the technology infrastructure company’s stock worth $123,795,000 after acquiring an additional 1,390,167 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

More Akamai Technologies News

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

• Positive Sentiment: Bank of America upgraded Akamai to Buy from Neutral and raised its price target to $175 from $130, saying the company is increasingly being viewed as an AI infrastructure play rather than just a content delivery network provider. Akamai Technologies upgraded by Bank of America on AI infrastructure shift
• Positive Sentiment: Several other analysts also turned more constructive, with HSBC, Susquehanna and Raymond James all lifting price targets, signaling broader Wall Street confidence in Akamai’s growth outlook. Akamai Technologies (NASDAQ:AKAM) Price Target Raised to $171.00 at HSBC
• Positive Sentiment: News that Anthropic signed a $1.8 billion cloud-computing deal with Akamai added to optimism that the company is gaining traction in AI-related infrastructure demand. Anthropic secures $1.8bn cloud deal with Akamai for AI expansion
• Neutral Sentiment: One analysis noted that Akamai’s CDN business still faces competitive pressure and pricing weakness, but said security and cloud computing could help reaccelerate growth starting in 2026. Akamai: Security And Cloud Computing To Reaccelerate Growth
• Neutral Sentiment: Earlier stock moves were also supported by the upgrade-driven rally, with AKAM trading near its 52-week high as investors reacted to the AI-infrastructure narrative. Akamai stock soars: here’s why BofA is betting on the stock

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, EVP Mani Sundaram sold 8,642 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $101.25, for a total transaction of $875,002.50. Following the transaction, the executive vice president directly owned 19,923 shares in the company, valued at approximately $2,017,203.75. This represents a 30.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jon Miller sold 11,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $102.67, for a total transaction of $1,129,370.00. Following the completion of the sale, the director directly owned 22,806 shares of the company’s stock, valued at $2,341,492.02. The trade was a 32.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 57,454 shares of company stock worth $5,889,371 over the last quarter. Corporate insiders own 2.30% of the company’s stock.

Akamai Technologies Trading Up 7.7%

Shares of Akamai Technologies stock opened at $161.14 on Thursday. Akamai Technologies, Inc. has a 52-week low of $69.78 and a 52-week high of $165.45. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.36. The company’s fifty day moving average price is $109.74 and its two-hundred day moving average price is $97.04. The firm has a market capitalization of $23.43 billion, a PE ratio of 54.26, a price-to-earnings-growth ratio of 5.16 and a beta of 0.45.

Akamai Technologies (NASDAQ:AKAM) last issued its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, meeting the consensus estimate of $1.61. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the previous year, the company earned $1.70 EPS. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. 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. On average, analysts expect that Akamai Technologies, Inc. will post 4.15 EPS for the current year.

Analyst Ratings Changes

AKAM has been the topic of a number of recent research reports. Bank of America upgraded shares of Akamai Technologies from a “neutral” rating to a “buy” rating and raised their price target for the stock from $130.00 to $175.00 in a research report on Wednesday. UBS Group lifted their price objective on shares of Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Scotiabank lifted their target price on shares of Akamai Technologies from $120.00 to $180.00 and gave the stock a “sector outperform” rating in a research report on Friday, May 8th. Guggenheim raised their price target on shares of Akamai Technologies from $133.00 to $181.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, Royal Bank Of Canada lifted their target price 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. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Akamai Technologies has a consensus rating of “Hold” and a consensus price target of $140.76.

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.