Eurizon Capital SGR S.p.A. Makes New $2.56 Million Investment in Akamai Technologies, Inc. $AKAM

Eurizon Capital SGR S.p.A. acquired a new position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) during the 4th quarter, Holdings Channel.com reports. The firm acquired 29,283 shares of the technology infrastructure company’s stock, valued at approximately $2,556,000.

Several other institutional investors also recently bought and sold shares of the company. Baker Avenue Asset Management LP purchased a new position in Akamai Technologies during the 4th quarter worth $1,393,000. Knights of Columbus Asset Advisors LLC purchased a new position in Akamai Technologies during the 4th quarter worth $392,000. Employees Retirement System of Texas increased its holdings in Akamai Technologies by 204.1% during the 4th quarter. Employees Retirement System of Texas now owns 2,235 shares of the technology infrastructure company’s stock worth $195,000 after purchasing an additional 1,500 shares during the period. Tandem Investment Advisors Inc. increased its holdings in Akamai Technologies by 1.6% during the 4th quarter. Tandem Investment Advisors Inc. now owns 30,784 shares of the technology infrastructure company’s stock worth $2,686,000 after purchasing an additional 499 shares during the period. Finally, Allstate Corp increased its holdings in Akamai Technologies by 58.9% during the 4th quarter. Allstate Corp now owns 9,486 shares of the technology infrastructure company’s stock worth $828,000 after purchasing an additional 3,516 shares during the period. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Akamai Technologies Trading Up 4.1%

Shares of NASDAQ AKAM opened at $160.32 on Wednesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.06. The stock has a market capitalization of $23.31 billion, a P/E ratio of 53.98, a price-to-earnings-growth ratio of 4.82 and a beta of 0.60. Akamai Technologies, Inc. has a 1-year low of $69.78 and a 1-year high of $165.45. The business has a fifty day moving average price of $120.94 and a 200 day moving average price of $103.52.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.61. The firm had revenue of $1.07 billion during 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 business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.70 EPS. 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. Equities research analysts expect that Akamai Technologies, Inc. will post 3.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on AKAM shares. UBS Group lifted their price target on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Scotiabank upped their price objective on Akamai Technologies from $120.00 to $180.00 and gave the stock a “sector outperform” rating in a research note on Friday, May 8th. Robert W. Baird restated a “neutral” rating and set a $110.00 price objective on shares of Akamai Technologies in a research note on Thursday, April 2nd. DA Davidson upped their price objective on Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Finally, Guggenheim upped their price objective on Akamai Technologies from $133.00 to $181.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $145.29.

Insiders Place Their Bets

In other news, EVP Anthony P. Williams sold 15,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $104.29, for a total value of $1,564,350.00. Following the completion of the sale, the executive vice president owned 22,064 shares of the company’s stock, valued at $2,301,054.56. This trade represents a 40.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Mani Sundaram sold 1,722 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $98.58, for a total value of $169,754.76. Following the completion of the sale, the executive vice president directly owned 21,647 shares of the company’s stock, valued at $2,133,961.26. The trade was a 7.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 19,908 shares of company stock valued at $2,058,758 in the last three months. Insiders own 2.30% of the company’s stock.

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.