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Dimensional Fund Advisors LP Grows Stock Holdings in Akamai Technologies, Inc. $AKAM
Dimensional Fund Advisors LP significantly increased its stake in Akamai Technologies, Inc. (NASDAQ:AKAM) by 35.6% in the third quarter, bringing its total holdings to 2,331,333 shares valued at over $176 million. Other hedge funds also adjusted their positions in AKAM, while analysts have a consensus “Hold” rating with an average price target of $108.84. Insider selling was noted, with two executives selling shares totaling over $1.4 million.