Kentucky Retirement Systems Has $1.70 Million Stock Holdings in Akamai Technologies, Inc. $AKAM

Posted by Geri Gentry on Jul 31st, 2026

Kentucky Retirement Systems raised its stake in Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report) by 64.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,777 shares of the technology infrastructure company’s stock after purchasing an additional 5,769 shares during the period. Kentucky Retirement Systems’ holdings in Akamai Technologies were worth $1,697,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in AKAM. EverSource Wealth Advisors LLC raised its stake in Akamai Technologies by 3.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,356 shares of the technology infrastructure company’s stock worth $271,000 after buying an additional 70 shares during the period. Rexford Capital Inc. grew its stake in Akamai Technologies by 1.9% in the fourth quarter. Rexford Capital Inc. now owns 5,106 shares of the technology infrastructure company’s stock valued at $445,000 after acquiring an additional 93 shares during the period. Assetmark Inc. grew its stake in Akamai Technologies by 31.8% in the fourth quarter. Assetmark Inc. now owns 444 shares of the technology infrastructure company’s stock valued at $39,000 after acquiring an additional 107 shares during the period. Root Financial Partners LLC increased its holdings 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. Finally, Perigon Wealth Management LLC increased its holdings in shares of Akamai Technologies by 2.1% during the fourth quarter. Perigon Wealth Management LLC now owns 5,502 shares of the technology infrastructure company’s stock valued at $480,000 after acquiring an additional 115 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Insider Buying and Selling at Akamai Technologies

In other news, CTO Robert Blumofe sold 243 shares of Akamai Technologies 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 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kim Salem-Jackson sold 2,300 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $135.57, for a total value of $311,811.00. Following the transaction, the executive vice president directly owned 59,210 shares of the company’s stock, valued at $8,027,099.70. This represents a 3.74% decrease in their position. 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. Insiders own 2.30% of the company’s stock.

Akamai Technologies Trading Up 5.9%

Shares of AKAM stock opened at $113.75 on Friday. Akamai Technologies, Inc. has a 52-week low of $69.78 and a 52-week high of $165.45. The company has a market capitalization of $16.54 billion, a PE ratio of 38.30, a price-to-earnings-growth ratio of 3.37 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.06 and a current ratio of 2.06. The business’s fifty day moving average is $128.20 and its 200 day moving average is $114.83.

Akamai Technologies (NASDAQ:AKAM – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.61. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates 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 was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.70 earnings per share. 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 anticipate that Akamai Technologies, Inc. will post 3.91 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AKAM shares. Bank of America upgraded Akamai Technologies from a “neutral” rating to a “buy” rating and increased their target price for the stock from $130.00 to $175.00 in a report on Wednesday, May 13th. The Goldman Sachs Group boosted their price target on shares of Akamai Technologies from $76.00 to $87.00 and gave the company a “sell” rating in a research note on Friday, May 8th. Oppenheimer upped their price objective on shares of Akamai Technologies from $115.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Craig Hallum raised shares of Akamai Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a research note on Friday, May 8th. Finally, Zacks Research upgraded shares of Akamai Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Twelve investment 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. Based on data from MarketBeat.com, Akamai Technologies currently has a consensus rating of “Hold” and a consensus price target of $145.29.

View Our Latest Report on AKAM

Akamai Technologies Profile

(Free Report)

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.