Akamai (AKAM)

Company Profile

Akamai secures and delivers digital experiences for the world's largest companies. Akamai's intelligent edge platform surrounds everything, from the enterprise to the cloud, so customers and their businesses can be fast, smart, and secure. Top brands globally rely on Akamai to help them realize competitive advantage through agile solutions that extend the power of their multi-cloud architectures. Akamai keeps decisions, apps and experiences closer to users than anyone - and attacks and threats far away. Akamai's portfolio of edge security, web and mobile performance, enterprise access and video delivery solutions is supported by unmatched customer service, analytics and 24/7/365 monitoring.

Company profile

Ticker

AKAM

Exchange

NASDAQ

Website

www.akamai.com

CEO

F. Thomson Leighton

Incorporated

Delaware

Location

Massachusetts

Fiscal year end

Dec 31

Sector

Information > Data Processing, Hosting, and Related Services

Industry (SIC)

Services - Business Services, NEC

Alibaba Group Holding • EBay • Visa • DiDi Global • Uber • PayPal • Accenture • Nielsen • Mastercard • Bread Financial ...

SEC CIK

0001086222

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

AKAMAI TECHNOLOGIES LIMITED • AKAMAI TECHNOLOGIES GMBH • AKAMAI TECHNOLOGIES SARL • AKAMAI TECHNOLOGIES NETHERLANDS BV • AKAMAI INTERNATIONAL BV • AKAMAI TECHNOLOGIES SECURITIES CORPORATION • AKAMAI SALES LLC • AKAMAI TECHNOLOGIES G.K. • AKAMAI TECHNOLOGIES INDIA PRIVATE LTD. • AKAMAI TECHNOLOGIES SINGAPORE PVT. LTD. ...

IRS number

43432319

AKAM stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$92.75

Low target

$75.00

High target

$110.00

Latest filings (excl ownership)

View all

8-K

Amendments to Articles of Incorporation or Bylaws

16 Dec 22

8-K

Entry into a Material Definitive Agreement

8 Nov 22

Akamai Reports Third Quarter 2022 Financial Results

9 Aug 22

Akamai Reports Second Quarter 2022 Financial Results

9 Aug 22

S-8

Registration of securities for employees

9 Aug 22

8-K

Departure of Directors or Certain Officers

9 May 22

Transcripts

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AKAM

Earnings call transcript

2022 Q3

9 Nov 22

AKAM

Earnings call transcript

2022 Q2

10 Aug 22

AKAM

Earnings call transcript

2022 Q1

4 May 22

AKAM

Earnings call transcript

2021 Q4

16 Feb 22

AKAM

Earnings call transcript

2021 Q3

3 Nov 21

AKAM

Earnings call transcript

2021 Q2

3 Aug 21

AKAM

Earnings call transcript

2021 Q1

5 May 21

AKAM

Earnings call transcript

2020 Q4

10 Feb 21

AKAM

Earnings call transcript

2020 Q3

27 Oct 20

AKAM

Earnings call transcript

2020 Q2

28 Jul 20

Latest ownership filings

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Financial summary

Financial statements Chart AKAM financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	459.82 mm	459.82 mm	459.82 mm	459.82 mm	459.82 mm	459.82 mm
Cash burn (monthly)	(no burn)	67.20 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	280.70 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	179.12 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	2.7	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Akamai earnings reports.

Institutional ownership, Q3 2022

AKAM institutional ownership history Ownership history

87.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	630	3	+20900.0%
Opened positions	627	0	NEW
Closed positions	0	691	EXIT
Increased positions	0	2	EXIT
Reduced positions	2	0	NEW

13F shares	Current	Prev Q	Change
Total value	11.02 bn	3.66 bn	+201.1%
Total shares	137.16 mm	35.74 mm	+283.8%
Total puts	3.10 mm	0.00	NEW
Total calls	3.81 mm	0.00	NEW
Total put/call ratio	0.8	–	–

Largest owners	Shares	Value	Change
Vanguard	17.94 mm	$1.44 bn	NEW
BLK Blackrock	14.60 mm	$1.17 bn	NEW
Canada Pension Plan Investment Board	7.35 mm	$590.52 mm	NEW
Nordea Investment Management Ab	5.22 mm	$423.99 mm	NEW
Ubs Global Asset Management Americas	4.06 mm	$326.44 mm	NEW
First Trust Advisors	3.90 mm	$312.91 mm	NEW
Amundi	3.69 mm	$315.43 mm	NEW
BAC Bank Of America	3.57 mm	$286.39 mm	NEW
Geode Capital Management	3.46 mm	$277.71 mm	NEW
Alliancebernstein	3.22 mm	$258.32 mm	NEW

Largest transactions	Shares	Bought/sold	Change
GS Goldman Sachs	411.52 k	-31.08 mm	-98.7%
Vanguard	17.94 mm	+17.94 mm	NEW
BLK Blackrock	14.60 mm	+14.60 mm	NEW
Canada Pension Plan Investment Board	7.35 mm	+7.35 mm	NEW
Nordea Investment Management Ab	5.22 mm	+5.22 mm	NEW
Ubs Global Asset Management Americas	4.06 mm	+4.06 mm	NEW
First Trust Advisors	3.90 mm	+3.90 mm	NEW
Amundi	3.69 mm	+3.69 mm	NEW
BAC Bank Of America	3.57 mm	+3.57 mm	NEW
Geode Capital Management	3.46 mm	+3.46 mm	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

AKAM insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 Feb 23	F Thomson Leighton	Common Stock	Buy	Acquire P	No	Yes	89.54	280	25.07 k	10,676
2 Feb 23	Adam Karon	Common Stock	Sell	Dispose S	No	Yes	90	10,500	945.00 k	21,389
2 Feb 23	F Thomson Leighton	Common Stock	Buy	Acquire P	No	Yes	89.83	279	25.06 k	10,396
1 Feb 23	Mani Sundaram	Common Stock	Sell	Dispose S	Yes	Yes	89.85	230	20.67 k	5,429
1 Feb 23	F Thomson Leighton	Common Stock	Buy	Acquire P	No	Yes	88.56	283	25.06 k	10,117
31 Jan 23	Paul C Joseph	Common Stock	Sell	Dispose S	No	Yes	87.47	1,500	131.21 k	25,306
31 Jan 23	F Thomson Leighton	Common Stock	Buy	Acquire P	No	Yes	87.91	285	25.05 k	9,834
30 Jan 23	F Thomson Leighton	Common Stock	Buy	Acquire P	No	Yes	87.36	287	25.07 k	9,549