Lmcg Investments LLC Boosts Stake in Akamai Technologies, Inc. $AKAM

Lmcg Investments LLC lifted its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 111,674 shares of the technology infrastructure company’s stock after purchasing an additional 4,568 shares during the quarter. Lmcg Investments LLC owned 0.08% of Akamai Technologies worth $9,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Assetmark Inc. grew its holdings in shares of Akamai Technologies by 31.8% in the fourth quarter. Assetmark Inc. now owns 444 shares of the technology infrastructure company’s stock worth $39,000 after acquiring an additional 107 shares during the period. Perigon Wealth Management LLC grew its holdings in shares of Akamai Technologies by 2.1% in the fourth quarter. Perigon Wealth Management LLC now owns 5,502 shares of the technology infrastructure company’s stock worth $480,000 after acquiring an additional 115 shares during the period. Siemens Fonds Invest GmbH grew its holdings in shares of Akamai Technologies by 8.3% in the third quarter. Siemens Fonds Invest GmbH now owns 2,043 shares of the technology infrastructure company’s stock worth $155,000 after acquiring an additional 156 shares during the period. Hantz Financial Services Inc. grew its holdings in shares of Akamai Technologies by 24.3% in the third quarter. Hantz Financial Services Inc. now owns 830 shares of the technology infrastructure company’s stock worth $63,000 after acquiring an additional 162 shares during the period. Finally, Wealthfront Advisers LLC grew its holdings in shares of Akamai Technologies by 3.9% in the fourth quarter. Wealthfront Advisers LLC now owns 5,049 shares of the technology infrastructure company’s stock worth $441,000 after acquiring an additional 189 shares during the period. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on AKAM shares. Citigroup lifted their price objective on Akamai Technologies from $103.00 to $110.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. KeyCorp lifted their price objective on Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. DA Davidson lifted their price objective on Akamai Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Evercore started coverage on Akamai Technologies in a report on Tuesday, April 14th. They issued an “outperform” rating and a $130.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Akamai Technologies in a report on Friday, March 27th. Nine investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Akamai Technologies has an average rating of “Hold” and an average price target of $112.37.

Akamai Technologies Stock Performance

NASDAQ:AKAM opened at $121.99 on Thursday. The stock has a 50-day simple moving average of $105.10 and a two-hundred day simple moving average of $94.54. Akamai Technologies, Inc. has a 52-week low of $69.78 and a 52-week high of $122.24. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.36 and a current ratio of 2.36. The firm has a market capitalization of $17.69 billion, a PE ratio of 39.61, a P/E/G ratio of 4.05 and a beta of 0.45.

Akamai Technologies (NASDAQ:AKAM) last released its quarterly earnings results on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.09. Akamai Technologies had a return on equity of 13.86% and a net margin of 10.74%.The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the company posted $1.66 earnings per share. Akamai Technologies’s revenue for the quarter was up 7.4% on a year-over-year basis. Akamai Technologies has set its FY 2026 guidance at 6.200-7.200 EPS and its Q1 2026 guidance at 1.500-1.670 EPS. Analysts forecast that Akamai Technologies, Inc. will post 4.17 EPS for the current year.

Insider Transactions at Akamai Technologies

In other news, CAO Laura Howell sold 11,273 shares of the company’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $100.14, for a total value of $1,128,878.22. Following the completion of the transaction, the chief accounting officer owned 12,559 shares of the company’s stock, valued at $1,257,658.26. This represents a 47.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Mani Sundaram sold 8,642 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $101.25, for a total value of $875,002.50. Following the completion of the transaction, the executive vice president directly owned 19,923 shares of the company’s stock, valued at approximately $2,017,203.75. This trade represents a 30.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 57,454 shares of company stock valued at $5,889,371. 2.30% of the stock is owned by corporate insiders.

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.