if you've ever shopped online, downloaded music, watched a web video or connected to work remotely, you've probably used akamai's cloud platform. akamai helps businesses connect the hyperconnected, empowering them to transform and reinvent their business online. we remove the complexities of technology so you can focus on driving your business faster forward – enabling you to embrace trends like cloud, mobile and media, while overcoming the challenges presented by security threats and the need to reach users globally. customers trust our cloud platform to securely deliver high-performing user experiences to any device, anywhere. reaching globally and delivers locally, the akamai intelligent platform™, provides customers with unmatched reliability, security, and visibility into their online businesses. follow us at @akamai, visit our facebook page at http://www.facebook.com/akamaitechnologies, and check out our videos on youtube at http://www.youtube.com/user/akamaitechnologies. a
![Akamai logo](/files/LOGO/1086222-AKAM.png)
Company profile
Ticker
AKAM
Exchange
Website
CEO
F. Thomson Leighton
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
AKAMAI TECHNOLOGIES LIMITED • AKAMAI TECHNOLOGIES GMBH • AKAMAI TECHNOLOGIES SARL • AKAMAI TECHNOLOGIES NETHERLANDS B.V. • AKAMAI INTERNATIONAL B.V. • AKAMAI TECHNOLOGIES SECURITIES CORPORATION INC. • AKAMAI TECHNOLOGIES INDIA PRIVATE LTD. • AKAMAI TECHNOLOGIES SINGAPORE PTE. LTD. • AJ TECHNOLOGIES LTD • AKAMAI (BEIJING) TECHNOLOGIES, CO. LTD. ...
IRS number
43432319
AKAM stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
16 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Akamai Reports First Quarter 2024 Financial Results
9 May 24
ARS
2023 FY
Annual report to shareholders
28 Mar 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
PRE 14A
Preliminary proxy
1 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Departure of Directors or Certain Officers
26 Feb 24
8-K
Akamai Reports Fourth Quarter 2023 and Full-year 2023 Financial Results
13 Feb 24
Transcripts
AKAM
Earnings call transcript
2024 Q1
9 May 24
AKAM
Earnings call transcript
2023 Q4
13 Feb 24
AKAM
Earnings call transcript
2023 Q3
7 Nov 23
AKAM
Earnings call transcript
2023 Q2
8 Aug 23
AKAM
Earnings call transcript
2023 Q2
8 Aug 23
AKAM
Earnings call transcript
2023 Q1
9 May 23
AKAM
Earnings call transcript
2022 Q4
14 Feb 23
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
Latest ownership filings
4
Robert Blumofe
17 Jun 24
4
William Raymond Wagner
14 Jun 24
4
JON MILLER
14 Jun 24
4
MONTE E FORD
14 Jun 24
4
Madhu Ranganathan
14 Jun 24
4
Robert Blumofe
14 Jun 24
144
Notice of proposed sale of securities
14 Jun 24
4
Laura Howell
6 Jun 24
4
Sharon Bowen
3 Jun 24
4
William Raymond Wagner
28 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
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) | 470.77 mm | 470.77 mm | 470.77 mm | 470.77 mm | 470.77 mm | 470.77 mm |
Cash burn (monthly) | 6.57 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 25.39 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 445.38 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 67.8 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
89.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 718 |
Opened positions | 218 |
Closed positions | 90 |
Increased positions | 193 |
Reduced positions | 216 |
13F shares | Current |
---|---|
Total value | 13.39 tn |
Total shares | 136.07 mm |
Total puts | 3.36 mm |
Total calls | 2.93 mm |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 17.76 mm | $1.93 tn |
BLK Blackrock | 14.20 mm | $1.54 tn |
STT State Street | 6.96 mm | $757.39 bn |
JPM JPMorgan Chase & Co. | 4.91 mm | $534.31 bn |
BAC Bank Of America | 4.32 mm | $470.18 bn |
First Trust Advisors | 3.93 mm | $426.92 bn |
Geode Capital Management | 3.87 mm | $419.81 bn |
BK Bank Of New York Mellon | 3.42 mm | $372.33 bn |
Nordea Investment Management Ab | 2.94 mm | $319.75 bn |
Elliott Associates | 2.92 mm | $210.96 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Jun 24 | Robert Blumofe | Common Stock | Sell | Dispose S | No | No | 88.34 | 3,000 | 265.02 k | 24,729 |
14 Jun 24 | Ranganathan Madhu | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,549 | 0.00 | 12,291 |
14 Jun 24 | Ranganathan Madhu | Deferred Stock Units Common Stock | Option exercise | Dispose M | No | No | 0 | 3,549 | 0.00 | 0 |
14 Jun 24 | Ford Monte E | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,549 | 0.00 | 23,692 |
14 Jun 24 | Ford Monte E | Deferred Stock Units Common Stock | Option exercise | Dispose M | No | No | 0 | 3,549 | 0.00 | 0 |
14 Jun 24 | Miller Jon | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,200 | 0.00 | 30,791 |
14 Jun 24 | Miller Jon | Deferred Stock Units Common Stock | Option exercise | Dispose M | No | No | 0 | 3,200 | 0.00 | 0 |
14 Jun 24 | Wagner William Raymond | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,200 | 0.00 | 17,719 |
14 Jun 24 | Wagner William Raymond | Deferred Stock Units Common Stock | Option exercise | Dispose M | No | No | 0 | 3,200 | 0.00 | 0 |
News
A Closer Look at 13 Analyst Recommendations For Akamai Techs
24 Jul 24
HSBC Upgrades Akamai Techs to Hold, Announces $96 Price Target
24 Jul 24
Piper Sandler Maintains Overweight on Akamai Techs, Lowers Price Target to $112
15 Jul 24
In-Depth Examination Of 12 Analyst Recommendations For Akamai Techs
8 Jul 24
Scotiabank Initiates Coverage On Akamai Techs with Sector Outperform Rating, Announces Price Target of $110
8 Jul 24
Press releases
Yospace Joins Akamai Qualified Compute Partner Program
23 Jul 24
Akamai Technologies To Hold Second Quarter 2024 Investor Conference Call On Thursday, August 8, at 4:30 PM ET
10 Jul 24
EZDRM Joins Akamai Qualified Compute Partner Program
16 May 24
AKAMAI REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS
9 May 24
Akamai Is Named a 2024 Stevie® Award Winner
8 May 24