Sanctuary Advisors LLC Acquires Shares of 11,368 Akamai Technologies, Inc. $AKAM

Posted by Brenda Bartman on Aug 28th, 2026

Sanctuary Advisors LLC acquired a new stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 11,368 shares of the technology infrastructure company’s stock, valued at approximately $1,344,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sarver Vrooman Wealth Advisors acquired a new position in Akamai Technologies in the 4th quarter worth $31,000. Root Financial Partners LLC increased its position 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 worth $31,000 after acquiring an additional 110 shares during the last quarter. Silvant Capital Management LLC purchased a new stake in shares of Akamai Technologies during the second quarter worth about $32,000. CYBER HORNET ETFs LLC acquired a new position in shares of Akamai Technologies in the second quarter worth about $32,000. Finally, Align Financial LLC purchased a new position in Akamai Technologies in the fourth quarter valued at about $34,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on AKAM shares. TD Cowen lifted their price objective on Akamai Technologies from $135.00 to $140.00 and gave the stock a “hold” rating in a report on Friday, August 7th. Citigroup increased their target price on Akamai Technologies from $110.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. Susquehanna decreased their price target on shares of Akamai Technologies from $175.00 to $140.00 and set a “positive” rating for the company in a research report on Monday, August 10th. Guggenheim lifted their price target on shares of Akamai Technologies from $181.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Finally, Piper Sandler cut their price target on shares of Akamai Technologies from $156.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, August 7th. Twelve investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Akamai Technologies has a consensus rating of “Hold” and a consensus target price of $144.14.

Read Our Latest Report on Akamai Technologies

Insider Buying and Selling at Akamai Technologies

In other Akamai Technologies news, EVP Kim Salem-Jackson sold 2,300 shares of Akamai Technologies 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 completion of the transaction, the executive vice president owned 59,210 shares of the company’s stock, valued at $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 available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Robert Blumofe sold 243 shares of the business’s stock in a transaction on 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.30% of the company’s stock.

Akamai Technologies Trading Up 2.9%

Shares of NASDAQ AKAM opened at $111.24 on Friday. The stock’s 50 day moving average price is $117.41 and its two-hundred day moving average price is $117.83. Akamai Technologies, Inc. has a 52-week low of $70.82 and a 52-week high of $165.45. The stock has a market capitalization of $15.99 billion, a P/E ratio of 40.01, a PEG ratio of 4.96 and a beta of 0.63. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.23.

Akamai Technologies (NASDAQ:AKAM – Get Free Report) last released its earnings results 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. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%.The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the business posted $1.73 EPS. Akamai Technologies’s quarterly revenue was up 5.4% compared to the same quarter last year. 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, analysts anticipate that Akamai Technologies, Inc. will post 3.67 earnings per share for the current fiscal year.

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.