AlTi Global Inc. Invests $1.19 Million in Akamai Technologies, Inc. $AKAM

AlTi Global Inc. purchased a new position in Akamai Technologies, Inc. (NASDAQ:AKAM) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,396 shares of the technology infrastructure company’s stock, valued at approximately $1,194,000.

Several other large investors also recently added to or reduced their stakes in AKAM. JFS Wealth Advisors LLC grew its stake in Akamai Technologies by 626.2% in the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after acquiring an additional 263 shares in the last quarter. Sarver Vrooman Wealth Advisors bought a new stake in shares of Akamai Technologies during the fourth quarter valued at approximately $31,000. Root Financial Partners LLC raised its stake in shares of Akamai Technologies by 45.8% during the fourth quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock valued at $31,000 after acquiring an additional 110 shares in the last quarter. WealthCollab LLC boosted its holdings in shares of Akamai Technologies by 154.2% in the fourth quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock valued at $34,000 after purchasing an additional 239 shares during the period. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Akamai Technologies in the second quarter valued at approximately $32,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Akamai Technologies

In other Akamai Technologies news, EVP Kim Salem-Jackson sold 2,300 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total value of $311,811.00. Following the completion of the transaction, the executive vice president directly owned 59,210 shares in the company, valued at approximately $8,027,099.70. The trade was a 3.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $129.41, for a total transaction of $31,446.63. Following the sale, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at approximately $4,012,486.46. The trade was a 0.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.30% of the stock is owned by company insiders.

Akamai Technologies Stock Performance

Shares of NASDAQ:AKAM opened at $123.13 on Tuesday. The firm has a 50 day moving average of $133.63 and a 200 day moving average of $113.20. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $17.90 billion, a price-to-earnings ratio of 41.46, a price-to-earnings-growth ratio of 3.77 and a beta of 0.63. Akamai Technologies, Inc. has a 52 week low of $69.78 and a 52 week high of $165.45.

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 the consensus estimate of $1.61. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter last year, the firm earned $1.70 EPS. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. 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. On average, sell-side analysts predict that Akamai Technologies, Inc. will post 3.92 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on AKAM. HSBC raised their price objective on Akamai Technologies from $134.00 to $171.00 in a report on Monday, May 11th. Morgan Stanley upped their target price on Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Raymond James Financial increased their price target on Akamai Technologies from $140.00 to $170.00 in a research report on Monday, May 11th. Citigroup raised their price target on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. Finally, Piper Sandler restated a “neutral” rating and issued a $156.00 price objective (up from $114.00) on shares of Akamai Technologies in a report on Friday, May 8th. Twelve investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $145.29.

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.