Westport Asset Management Inc. Makes New $3.27 Million Investment in Akamai Technologies, Inc. $AKAM

Posted by Stanley Muller on Aug 20th, 2026

Westport Asset Management Inc. bought a new position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,700 shares of the technology infrastructure company’s stock, valued at approximately $3,274,000. Akamai Technologies comprises 1.3% of Westport Asset Management Inc.’s investment portfolio, making the stock its 26th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. 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 position in Akamai Technologies by 45.8% in the 4th quarter. Root Financial Partners LLC now owns 350 shares of the technology infrastructure company’s stock worth $31,000 after purchasing an additional 110 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in Akamai Technologies in the 2nd quarter worth approximately $32,000. WealthCollab LLC lifted its holdings in Akamai Technologies by 154.2% during the 4th quarter. WealthCollab LLC now owns 394 shares of the technology infrastructure company’s stock worth $34,000 after buying an additional 239 shares in the last quarter. Finally, Align Financial LLC acquired a new position in Akamai Technologies during the 4th quarter worth $34,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on AKAM. Citigroup increased their price objective on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, May 15th. TD Cowen upped their price target on Akamai Technologies from $135.00 to $140.00 and gave the company a “hold” rating in a research note on Friday, August 7th. Guggenheim raised their price target on Akamai Technologies from $181.00 to $190.00 and gave the company a “buy” rating in a report on Friday, August 7th. UBS Group lifted their price objective on Akamai Technologies from $125.00 to $143.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, The Goldman Sachs Group boosted their price objective on Akamai Technologies from $76.00 to $87.00 and gave the stock a “sell” rating in a report on Friday, May 8th. Twelve equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $144.14.

Read Our Latest Report on AKAM

Akamai Technologies Stock Performance

Shares of Akamai Technologies stock opened at $112.84 on Thursday. The firm has a fifty day moving average of $120.08 and a two-hundred day moving average of $117.21. The stock has a market capitalization of $16.22 billion, a price-to-earnings ratio of 40.59, a PEG ratio of 5.24 and a beta of 0.63. Akamai Technologies, Inc. has a 52 week low of $70.82 and a 52 week high of $165.45. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64.

Akamai Technologies (NASDAQ:AKAM – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.02. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.73 earnings per share. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. As a group, equities research analysts predict that Akamai Technologies, Inc. will post 3.7 EPS for the current year.

Insider Activity

In related news, 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 sale, the chief technology officer owned 31,006 shares in the company, valued at $4,012,486.46. This represents a 0.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $135.57, for a total value of $311,811.00. Following the completion of the sale, the executive vice president owned 59,210 shares of the company’s stock, valued at $8,027,099.70. This trade 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. 2.30% of the stock is currently owned by insiders.

About Akamai Technologies

(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.