Triodos Investment Management BV Buys 700 Shares of Akamai Technologies, Inc. $AKAM

Triodos Investment Management BV raised its stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 0.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 299,924 shares of the technology infrastructure company’s stock after acquiring an additional 700 shares during the period. Akamai Technologies comprises approximately 1.8% of Triodos Investment Management BV’s investment portfolio, making the stock its 26th largest holding. Triodos Investment Management BV owned 0.21% of Akamai Technologies worth $23,916,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. WPG Advisers LLC bought a new position in Akamai Technologies during the 1st quarter valued at $27,000. UMB Bank n.a. lifted its stake in Akamai Technologies by 50.8% during the 2nd quarter. UMB Bank n.a. now owns 395 shares of the technology infrastructure company’s stock valued at $32,000 after acquiring an additional 133 shares in the last quarter. AlphaQuest LLC bought a new position in Akamai Technologies during the 1st quarter valued at $42,000. Bank Julius Baer & Co. Ltd Zurich bought a new position in Akamai Technologies during the 1st quarter valued at $49,000. Finally, Quarry LP lifted its stake in Akamai Technologies by 623.3% during the 1st quarter. Quarry LP now owns 622 shares of the technology infrastructure company’s stock valued at $50,000 after acquiring an additional 536 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Akamai Technologies news, CTO Robert Blumofe sold 3,000 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $77.00, for a total value of $231,000.00. Following the completion of the transaction, the chief technology officer owned 27,910 shares in the company, valued at $2,149,070. This trade represents a 9.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Paul C. Joseph sold 5,000 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $76.65, for a total value of $383,250.00. Following the completion of the transaction, the executive vice president owned 27,349 shares of the company’s stock, valued at approximately $2,096,300.85. This represents a 15.46% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 17,000 shares of company stock worth $1,305,990 in the last quarter. 2.00% of the stock is owned by company insiders.

Akamai Technologies Stock Down 1.6%

Shares of NASDAQ AKAM opened at $75.50 on Friday. Akamai Technologies, Inc. has a 52 week low of $67.51 and a 52 week high of $106.80. The business has a 50-day simple moving average of $76.25 and a two-hundred day simple moving average of $77.41. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.92. The company has a market cap of $10.83 billion, a P/E ratio of 26.77, a P/E/G ratio of 3.67 and a beta of 0.75.

Akamai Technologies (NASDAQ:AKAM) last issued its earnings results on Thursday, August 7th. The technology infrastructure company reported $1.73 EPS for the quarter, topping the consensus estimate of $1.55 by $0.18. Akamai Technologies had a return on equity of 14.26% and a net margin of 10.40%.The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the company earned $1.58 EPS. The firm’s revenue was up 6.5% compared to the same quarter last year. Akamai Technologies has set its FY 2025 guidance at 6.600-6.800 EPS. Q3 2025 guidance at 1.620-1.660 EPS. Research analysts anticipate that Akamai Technologies, Inc. will post 4.6 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on AKAM shares. Morgan Stanley lowered Akamai Technologies from an “equal weight” rating to an “underweight” rating and set a $85.00 target price for the company. in a research report on Tuesday, August 5th. Wall Street Zen raised Akamai Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Scotiabank decreased their target price on Akamai Technologies from $105.00 to $95.00 and set a “sector outperform” rating for the company in a research report on Friday, August 8th. Piper Sandler decreased their target price on Akamai Technologies from $88.00 to $83.00 and set a “neutral” rating for the company in a research report on Friday, August 8th. Finally, Zacks Research raised Akamai Technologies to a “hold” rating in a research report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $92.39.

Akamai Technologies Company Profile

Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.