New Age Alpha Advisors LLC Grows Stock Position in Akamai Technologies, Inc. $AKAM

New Age Alpha Advisors LLC increased its position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 42.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,192 shares of the technology infrastructure company’s stock after buying an additional 6,629 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Akamai Technologies were worth $1,936,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. raised its position in shares of Akamai Technologies by 295.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock valued at $26,000 after buying an additional 251 shares during the period. TD Waterhouse Canada Inc. raised its position in shares of Akamai Technologies by 130.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock valued at $26,000 after buying an additional 195 shares during the period. Smartleaf Asset Management LLC raised its position in shares of Akamai Technologies by 566.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock valued at $26,000 after buying an additional 289 shares during the period. JFS Wealth Advisors LLC raised its position in shares of Akamai Technologies by 626.2% during the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock valued at $27,000 after buying an additional 263 shares during the period. Finally, Atlantic Union Bankshares Corp purchased a new stake in shares of Akamai Technologies during the 3rd quarter valued at approximately $30,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Analyst Upgrades and Downgrades

AKAM has been the topic of several analyst reports. Zacks Research lowered shares of Akamai Technologies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. KeyCorp lifted their price target on shares of Akamai Technologies from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Raymond James Financial boosted their target price on Akamai Technologies from $140.00 to $170.00 in a research report on Monday, May 11th. UBS Group boosted their target price on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Evercore began coverage on Akamai Technologies in a research report on Tuesday, April 14th. They issued an “outperform” rating and a $130.00 target price on the stock. Twelve investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $145.29.

Akamai Technologies Stock Up 0.7%

Shares of NASDAQ AKAM opened at $148.21 on Wednesday. The firm has a market cap of $21.55 billion, a price-to-earnings ratio of 49.90, a PEG ratio of 4.60 and a beta of 0.45. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.84. Akamai Technologies, Inc. has a 52-week low of $69.78 and a 52-week high of $165.45. The business’s 50 day moving average is $117.72 and its two-hundred day moving average is $101.71.

Akamai Technologies (NASDAQ:AKAM) last announced its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.61. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.70 earnings per share. 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. Research analysts predict that Akamai Technologies, Inc. will post 3.93 EPS for the current year.

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, Director Jon Miller sold 11,000 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $102.67, for a total value of $1,129,370.00. Following the completion of the transaction, the director owned 22,806 shares in the company, valued at $2,341,492.02. The trade was a 32.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Mani Sundaram sold 8,642 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $101.25, for a total transaction of $875,002.50. Following the completion of the transaction, the executive vice president 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. In the last three months, insiders have sold 42,681 shares of company stock worth $4,382,493. 2.30% of the stock is currently owned by 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.