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KBC Group NV Has $3.50 Million Stock Position in Akamai Technologies, Inc. $AKAM
KBC Group NV has reduced its stake in Akamai Technologies (NASDAQ:AKAM) by 29.9% in the fourth quarter, now holding 40,163 shares valued at $3.50 million. Despite significant institutional ownership (94.28%), company insiders have been net sellers, disposing of over $6 million worth of shares. Akamai exceeded Q4 earnings estimates and provided optimistic FY2026 guidance, though analysts maintain a “Hold” rating with an average price target of $111.58.