Akamai Rises as Investors Revisit Its AI and Security Expansion

Akamai Technologies (AKAM) is up 4.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The exact catalyst is not fully clear, but the move appears tied to continued positive sentiment around Akamai’s recent security expansion and broader AI infrastructure story. Investors may be reacting to the July 2 close of the LayerX acquisition, which strengthens Akamai’s Zero Trust and AI usage control offerings, while the company’s recent earnings guidance and buybacks have also helped support the stock.

Details:

Akamai said on July 2 that it completed its acquisition of LayerX for about $205 million, adding secure enterprise browser technology and AI usage controls to its security portfolio.

When the deal was announced in May, Akamai said LayerX was expected to contribute about $10 million in annual recurring revenue by year end, even though it would modestly dilute 2026 non-GAAP EPS.

In first-quarter 2026 results, Akamai guided for full-year revenue of $4.445 billion to $4.55 billion and non-GAAP EPS of $6.40 to $7.15, while also repurchasing 2 million shares for $206 million.

Akamai has also been pushing its AI infrastructure strategy, including a March announcement that it would deploy thousands of NVIDIA Blackwell GPUs across its distributed cloud platform.

Sources:

Akamai, SEC

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$AKAM Insider Trading Activity

$AKAM insiders have traded $AKAM stock on the open market 22 times in the past 6 months. Of those trades, 0 have been purchases and 22 have been sales.

Here’s a breakdown of recent trading of $AKAM stock by insiders over the last 6 months:

ADAM KARON (COO & GM Edge Technology Group) has made 0 purchases and 2 sales selling 21,728 shares for an estimated $2,284,439.
EDWARD J MCGOWAN (Chief Financial Officer) has made 0 purchases and 2 sales selling 13,745 shares for an estimated $1,390,924.
MANI SUNDARAM (EVP and GM Security) has made 0 purchases and 5 sales selling 13,550 shares for an estimated $1,369,403.
AARON AHOLA (EVP & General Counsel) has made 0 purchases and 2 sales selling 12,000 shares for an estimated $1,218,166.
JON MILLER sold 11,000 shares for an estimated $1,129,370
LAURA HOWELL (SVP, Chief Accounting Officer) sold 11,273 shares for an estimated $1,128,822
PAUL C JOSEPH (EVP - Global Sales) has made 0 purchases and 4 sales selling 10,000 shares for an estimated $982,130.
ROBERT BLUMOFE (Chief Technology Officer) has made 0 purchases and 3 sales selling 7,243 shares for an estimated $748,946.
MADHU RANGANATHAN sold 3,131 shares for an estimated $319,362
KIM SALEM-JACKSON (EVP, Chief Marketing Officer) sold 2,300 shares for an estimated $311,811

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$AKAM Hedge Fund Activity

We have seen 389 institutional investors add shares of $AKAM stock to their portfolio, and 284 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL WORLD INVESTORS added 6,764,438 shares (+inf%) to their portfolio in Q1 2026, for an estimated $776,895,704
VOYA INVESTMENT MANAGEMENT LLC added 2,385,662 shares (+3185.2%) to their portfolio in Q1 2026, for an estimated $273,993,280
FIRST TRUST ADVISORS LP removed 1,971,540 shares (-29.2%) from their portfolio in Q1 2026, for an estimated $226,431,369
ALYESKA INVESTMENT GROUP, L.P. removed 1,564,068 shares (-71.2%) from their portfolio in Q1 2026, for an estimated $179,633,209
FIL LTD removed 1,405,961 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $161,474,620
POLAR CAPITAL HOLDINGS PLC added 1,296,665 shares (+inf%) to their portfolio in Q1 2026, for an estimated $148,921,975
PRICE T ROWE ASSOCIATES INC /MD/ added 1,151,751 shares (+548.5%) to their portfolio in Q1 2026, for an estimated $132,278,602

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$AKAM Analyst Ratings

Wall Street analysts have issued reports on $AKAM in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Scotiabank issued a "Sector Outperform" rating on 01/09/2026

To track analyst ratings and price targets for $AKAM, check out Quiver Quantitative's $AKAM forecast page.

$AKAM Price Targets

Multiple analysts have issued price targets for $AKAM recently. We have seen 14 analysts offer price targets for $AKAM in the last 6 months, with a median target of $162.5.

Here are some recent targets:

Keith Weiss from Morgan Stanley set a target price of $165.0 on 05/14/2026
Madeline Brooks from B of A Securities set a target price of $175.0 on 05/13/2026
Aaron Samuels from Susquehanna set a target price of $175.0 on 05/11/2026
Roger Boyd from UBS set a target price of $160.0 on 05/08/2026
Patrick Colville from Scotiabank set a target price of $180.0 on 05/08/2026
Rishi Jaluria from RBC Capital set a target price of $150.0 on 05/08/2026
James Fish from Piper Sandler set a target price of $156.0 on 05/08/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.