Diversified Trust Co. Raises Holdings in Akamai Technologies, Inc. $AKAM

Diversified Trust Co. grew its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM) by 81.5% in the fourth quarter, Holdings Channel reports. The firm owned 20,995 shares of the technology infrastructure company’s stock after buying an additional 9,427 shares during the quarter. Diversified Trust Co.’s holdings in Akamai Technologies were worth $1,832,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AKAM. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Akamai Technologies by 295.3% during the third 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 last quarter. Smartleaf Asset Management LLC raised its position in Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 289 shares during the last quarter. TD Waterhouse Canada Inc. raised its position in Akamai Technologies by 130.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after buying an additional 195 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in Akamai Technologies during the 3rd quarter valued at about $30,000. Finally, CYBER HORNET ETFs LLC bought a new position in Akamai Technologies during the 2nd quarter valued at about $32,000. 94.28% of the stock is owned by institutional investors.

Akamai Technologies Trading Up 4.1%

Akamai Technologies stock opened at $119.15 on Thursday. Akamai Technologies, Inc. has a 52-week low of $67.51 and a 52-week high of $120.59. The company has a market cap of $17.28 billion, a P/E ratio of 38.69, a P/E/G ratio of 3.86 and a beta of 0.72. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.82. The business has a 50-day simple moving average of $101.39 and a two-hundred day simple moving average of $88.78.

Akamai Technologies (NASDAQ:AKAM) last issued its quarterly earnings data on Thursday, February 19th. The technology infrastructure company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.09. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Akamai Technologies had a net margin of 10.74% and a return on equity of 13.86%. The business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.66 EPS. 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 predict that Akamai Technologies, Inc. will post 4.6 EPS for the current year.

Wall Street Analyst Weigh In

AKAM has been the subject of a number of research analyst reports. Craig Hallum lifted their price target on shares of Akamai Technologies from $90.00 to $100.00 and gave the stock a “hold” rating in a research note on Friday, February 20th. Piper Sandler increased their price objective on shares of Akamai Technologies from $89.00 to $97.00 and gave the company a “neutral” rating in a research report on Monday, February 23rd. Citigroup raised their target price on shares of 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 target price on shares of Akamai Technologies from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Finally, Robert W. Baird boosted their target price on shares of Akamai Technologies from $90.00 to $110.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $109.89.

Insiders Place Their Bets

In other news, EVP Paul C. Joseph sold 5,000 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $90.17, for a total value of $450,850.00. Following the completion of the sale, the executive vice president directly owned 17,513 shares in the company, valued at $1,579,147.21. This represents a 22.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Laura Howell sold 11,273 shares of the firm’s stock in a transaction on 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 directly owned 12,559 shares in the company, valued at approximately $1,257,658.26. This represents a 47.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 69,274 shares of company stock valued at $6,969,557. 2.00% of the stock is currently owned by corporate insiders.

About Akamai Technologies

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.