Akamai Technologies, Inc. $AKAM Shares Sold by Premier Path Wealth Partners LLC

Posted by Geri Gentry on Jul 2nd, 2026

Premier Path Wealth Partners LLC reduced its stake in Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report) by 48.2% during the 1st quarter, HoldingsChannel reports. The firm owned 6,125 shares of the technology infrastructure company’s stock after selling 5,688 shares during the period. Premier Path Wealth Partners LLC’s holdings in Akamai Technologies were worth $703,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Brighton Jones LLC increased its stake in Akamai Technologies by 101.4% in the 4th quarter. Brighton Jones LLC now owns 4,016 shares of the technology infrastructure company’s stock valued at $384,000 after buying an additional 2,022 shares during the period. Jones Financial Companies Lllp raised its holdings in Akamai Technologies by 35.2% during the first quarter. Jones Financial Companies Lllp now owns 1,087 shares of the technology infrastructure company’s stock worth $88,000 after purchasing an additional 283 shares in the last quarter. United Services Automobile Association acquired a new stake in Akamai Technologies in the first quarter valued at about $266,000. Empowered Funds LLC boosted its holdings in Akamai Technologies by 73.0% in the 1st quarter. Empowered Funds LLC now owns 7,134 shares of the technology infrastructure company’s stock valued at $574,000 after purchasing an additional 3,010 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Akamai Technologies by 152.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,163 shares of the technology infrastructure company’s stock valued at $93,000 after purchasing an additional 703 shares in the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Activity

In other Akamai Technologies news, CTO Robert Blumofe sold 243 shares of the firm’s 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 directly owned 31,006 shares of the company’s stock, valued at $4,012,486.46. This trade represents a 0.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 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 owned 59,210 shares of the company’s stock, valued at approximately $8,027,099.70. This trade represents a 3.74% decrease in their ownership of the stock. 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. 2.30% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

AKAM has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price target on Akamai Technologies from $72.00 to $100.00 in a research note on Friday, May 8th. Citigroup raised their target price on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a report on Friday, May 15th. UBS Group upped their price target on shares of Akamai Technologies from $110.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Scotiabank increased their price target on shares of Akamai Technologies from $120.00 to $180.00 and gave the company a “sector outperform” rating in a report on Friday, May 8th. Finally, Evercore started coverage on shares of Akamai Technologies in a research note on Tuesday, April 14th. They issued an “outperform” rating and a $130.00 price objective for the company. Twelve investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Akamai Technologies has an average rating of “Hold” and a consensus target price of $145.29.

Check Out Our Latest Stock Analysis on Akamai Technologies

Akamai Technologies Stock Performance

Akamai Technologies stock opened at $112.81 on Thursday. Akamai Technologies, Inc. has a fifty-two week low of $69.78 and a fifty-two week high of $165.45. The company has a market capitalization of $16.40 billion, a price-to-earnings ratio of 37.98, a PEG ratio of 3.70 and a beta of 0.63. The stock has a fifty day moving average of $131.01 and a two-hundred day moving average of $110.23. 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 (NASDAQ:AKAM – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The technology infrastructure company reported $1.61 EPS for the quarter, meeting analysts’ consensus estimates of $1.61. The business had revenue of $1.07 billion for 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 business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $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, analysts anticipate that Akamai Technologies, Inc. will post 3.93 EPS for the current fiscal year.

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.