Aristides Capital LLC Has $3.24 Million Stake in Akamai Technologies, Inc. $AKAM

Aristides Capital LLC lowered its position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 33.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,243 shares of the technology infrastructure company’s stock after selling 14,103 shares during the quarter. Akamai Technologies comprises 0.5% of Aristides Capital LLC’s investment portfolio, making the stock its 28th biggest holding. Aristides Capital LLC’s holdings in Akamai Technologies were worth $3,244,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AKAM. Contravisory Investment Management Inc. acquired a new stake in shares of Akamai Technologies in the 1st quarter valued at $1,172,000. HighTower Advisors LLC lifted its holdings in shares of Akamai Technologies by 132.4% in the fourth quarter. HighTower Advisors LLC now owns 25,960 shares of the technology infrastructure company’s stock worth $2,265,000 after acquiring an additional 14,792 shares during the last quarter. Leeward Investments LLC MA boosted its stake in shares of Akamai Technologies by 32.6% in the 4th quarter. Leeward Investments LLC MA now owns 148,104 shares of the technology infrastructure company’s stock valued at $12,922,000 after purchasing an additional 36,395 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of Akamai Technologies by 88.2% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 461,461 shares of the technology infrastructure company’s stock valued at $40,262,000 after purchasing an additional 216,222 shares in the last quarter. Finally, Baker Avenue Asset Management LP bought a new stake in shares of Akamai Technologies during the 4th quarter valued at approximately $1,393,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Bank of America upgraded shares of Akamai Technologies from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $130.00 to $175.00 in a research report on Wednesday, May 13th. Scotiabank upped their target price on Akamai Technologies from $120.00 to $180.00 and gave the stock a “sector outperform” rating in a report on Friday, May 8th. The Goldman Sachs Group increased their target price on Akamai Technologies from $76.00 to $87.00 and gave the company a “sell” rating in a research report on Friday, May 8th. Craig Hallum upgraded Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a report on Friday, May 8th. Finally, Zacks Research raised Akamai Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Twelve analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $145.29.

Akamai Technologies Stock Down 5.6%

Shares of Akamai Technologies stock opened at $117.37 on Friday. The stock’s 50-day moving average is $131.64 and its 200 day moving average is $113.96. Akamai Technologies, Inc. has a one year low of $69.78 and a one year high of $165.45. The firm has a market cap of $17.06 billion, a price-to-earnings ratio of 39.52, a PEG ratio of 3.90 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.06 and a quick ratio of 2.06.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.61. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Akamai Technologies had a return on equity of 12.96% and a net margin of 10.20%.The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.70 EPS. 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. Equities research analysts anticipate that Akamai Technologies, Inc. will post 3.92 EPS for the current year.

Insider Activity

In other news, CTO Robert Blumofe sold 243 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $129.41, for a total transaction of $31,446.63. Following the transaction, the chief technology officer directly owned 31,006 shares of the company’s stock, valued at $4,012,486.46. This represents a 0.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of Akamai Technologies stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total transaction of $311,811.00. Following the transaction, the executive vice president owned 59,210 shares of the company’s stock, valued at $8,027,099.70. This represents a 3.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.30% of the company’s stock.

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.