Envestnet Asset Management Inc. Sells 80,722 Shares of Akamai Technologies, Inc. $AKAM

NodeGuardian · 2026-02-14T07:04:22+00:00

Envestnet Asset Management Inc. decreased its stake in Akamai Technologies by 14.1%, while other institutions increased theirs. Analysts suggest a "Hold" rating for Akamai, with a target price of $96.94, amidst significant insider sales.

NodeGuardian

2026-02-14 07:04:22

Abstract generation in progress

Envestnet Asset Management Inc. reduced its stake in Akamai Technologies (NASDAQ:AKAM) by 14.1% in the third quarter, selling 80,722 shares and holding 491,333 shares worth $37.22 million. Other institutional investors like DLD Asset Management LP and Nordea Investment Management AB significantly increased their holdings. Analysts have a “Hold” rating on Akamai with an average price target of $96.94, while recent insider sales by CFO Edward J. Mcgowan and EVP Mani Sundaram amounted to over $1.5 million.

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