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Intech Investment Management LLC Sells 54,544 Shares of Akamai Technologies, Inc. $AKAM
Intech Investment Management LLC significantly reduced its stake in Akamai Technologies (NASDAQ:AKAM) by 84.3%, selling 54,544 shares and retaining 10,187 shares valued at approximately $772,000. Institutional investors collectively hold 94.28% of Akamai’s stock, while company insiders have sold 60,834 shares worth about $5.98 million in the last three months. Akamai recently surpassed quarterly earnings and revenue expectations, giving FY2026 EPS guidance of $6.20–$7.20, and currently holds a consensus “Hold” rating from analysts with an average price target of $108.84.