Diversified Trust Co Has $1.35 Million Stock Holdings in Akamai Technologies, Inc. $AKAM

Diversified Trust Co decreased its position in Akamai Technologies, Inc. (NASDAQ:AKAM) by 43.8% during the first quarter, HoldingsChannel reports. The firm owned 11,798 shares of the technology infrastructure company’s stock after selling 9,197 shares during the quarter. Diversified Trust Co’s holdings in Akamai Technologies were worth $1,355,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. First Trust Advisors LP raised its holdings in Akamai Technologies by 16.5% in the 4th quarter. First Trust Advisors LP now owns 6,752,000 shares of the technology infrastructure company’s stock worth $589,112,000 after acquiring an additional 957,345 shares during the period. Invesco Ltd. boosted its holdings in Akamai Technologies by 5.8% during the third quarter. Invesco Ltd. now owns 3,239,099 shares of the technology infrastructure company’s stock valued at $245,394,000 after acquiring an additional 177,756 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Akamai Technologies by 33.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,115,342 shares of the technology infrastructure company’s stock valued at $271,820,000 after acquiring an additional 784,009 shares during the period. Norges Bank acquired a new stake in shares of Akamai Technologies in the fourth quarter valued at about $192,959,000. Finally, Alyeska Investment Group L.P. grew its position in shares of Akamai Technologies by 34.5% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,197,218 shares of the technology infrastructure company’s stock valued at $191,707,000 after purchasing an additional 563,178 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.

Wall Street Analyst Weigh In

AKAM has been the topic of a number of recent analyst reports. HSBC lifted their price objective on Akamai Technologies from $134.00 to $171.00 in a research note on Monday, May 11th. Raymond James Financial raised their target price on Akamai Technologies from $140.00 to $170.00 in a report on Monday, May 11th. Royal Bank Of Canada lifted their price target on Akamai Technologies from $100.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Friday, May 8th. Morgan Stanley upped their price target on Akamai Technologies from $120.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Finally, Robert W. Baird reissued a “neutral” rating and issued a $110.00 price objective on shares of Akamai Technologies in a research report on Thursday, April 2nd. Twelve investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Akamai Technologies currently has an average rating of “Hold” and a consensus price target of $145.29.

Akamai Technologies Stock Down 3.3%

Shares of AKAM opened at $120.74 on Tuesday. The company has a 50-day simple moving average of $127.92 and a 200-day simple moving average of $108.76. The firm has a market capitalization of $17.55 billion, a P/E ratio of 40.65, a P/E/G ratio of 3.91 and a beta of 0.59. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06. Akamai Technologies, Inc. has a 52 week low of $69.78 and a 52 week high of $165.45.

Akamai Technologies (NASDAQ:AKAM) last released its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share for the quarter, meeting the consensus estimate of $1.61. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter last year, the company earned $1.70 earnings per share. The firm’s revenue 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, equities research analysts expect that Akamai Technologies, Inc. will post 3.93 earnings per share for the current year.

Insider Activity at Akamai Technologies

In other news, EVP Kim Salem-Jackson sold 2,300 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total transaction of $311,811.00. Following the sale, 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 transaction was disclosed in a document filed with the SEC, which is accessible 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 company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $129.41, for a total value of $31,446.63. Following the completion of the transaction, the chief technology officer owned 31,006 shares of the company’s stock, valued at $4,012,486.46. The trade was a 0.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.30% of the company’s stock.

Akamai Technologies 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.