Akamai Technologies (NASDAQ:AKAM) Stock: Insider Mani Sundaram Sells 7,022 Shares

Posted by on Sep 28th, 2026

Akamai Technologies, Inc. (NASDAQ:AKAM – Get Free Report) EVP Mani Sundaram sold 7,022 shares of the company’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $125.62, for a total transaction of $882,103.64. Following the sale, the executive vice president directly owned 14,625 shares of the company’s stock, valued at $1,837,192.50. This represents a 32.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Akamai Technologies Price Performance

NASDAQ:AKAM traded down $4.95 during mid-day trading on Monday, reaching $108.99. The stock had a trading volume of 8,045,816 shares, compared to its average volume of 4,655,878. The stock has a 50-day simple moving average of $112.98 and a two-hundred day simple moving average of $118.84. The stock has a market capitalization of $15.66 billion, a PE ratio of 39.21, a P/E/G ratio of 5.28 and a beta of 0.63. Akamai Technologies, Inc. has a 12 month low of $70.82 and a 12 month high of $165.45. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.64 and a quick ratio of 1.64.

Akamai Technologies (NASDAQ:AKAM – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.02. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.Akamai Technologies’s revenue was up 5.4% compared to the same quarter last year. During the same period last year, the firm posted $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. On average, equities analysts anticipate that Akamai Technologies, Inc. will post 3.63 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. QRG Capital Management Inc. raised its holdings in shares of Akamai Technologies by 1,716.7% in the 2nd quarter. QRG Capital Management Inc. now owns 32,610 shares of the technology infrastructure company’s stock worth $3,855,000 after purchasing an additional 30,815 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in Akamai Technologies by 114.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,073 shares of the technology infrastructure company’s stock worth $718,000 after purchasing an additional 3,244 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of Akamai Technologies by 263.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 98,149 shares of the technology infrastructure company’s stock valued at $11,602,000 after buying an additional 71,147 shares in the last quarter. Tidal Investments LLC boosted its holdings in Akamai Technologies by 328.9% in the 2nd quarter. Tidal Investments LLC now owns 181,197 shares of the technology infrastructure company’s stock worth $21,419,000 after buying an additional 138,950 shares during the period. Finally, Capital Analysts LLC grew its position in Akamai Technologies by 71.0% during the second quarter. Capital Analysts LLC now owns 2,957 shares of the technology infrastructure company’s stock valued at $350,000 after acquiring an additional 1,228 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. TD Cowen boosted their price objective on shares of Akamai Technologies from $140.00 to $149.00 and gave the stock a “hold” rating in a research note on Friday. Wall Street Zen cut shares of Akamai Technologies from a “hold” rating to a “sell” rating in a research report on Saturday. Zacks Research upgraded Akamai Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. UBS Group lifted their price target on shares of Akamai Technologies from $143.00 to $148.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Guggenheim upped their price target on Akamai Technologies from $190.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday. Thirteen research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Akamai Technologies has a consensus rating of “Hold” and a consensus price target of $147.62.

Check Out Our Latest Stock Report on AKAM

Akamai Technologies Company Profile

(Get Free Report)

Akamai Technologies, Inc is a global technology company that provides cloud computing, content delivery and cybersecurity services. Its distributed platform helps businesses deliver websites, applications, software downloads, video and other digital content with improved speed, availability and scalability.

The company’s offerings include content delivery and edge computing services, cloud infrastructure, web and application performance solutions, and security products designed to protect applications, application programming interfaces, networks and users from cyber threats.

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