M&T Bank Corp Purchases 10,231 Shares of Akamai Technologies, Inc. $AKAM

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M&T Bank Corp significantly increased its stake in Akamai Technologies, Inc. (NASDAQ:AKAM) by 144.4%, purchasing 10,231 shares to reach a total of 17,315 shares valued at approximately $1.51 million. While analyst ratings are mixed, with Oppenheimer and Morgan Stanley recently raising price targets, company insiders have been net sellers, offloading 57,454 shares worth $5.89 million in the last three months. Akamai Technologies reported strong Q4 earnings, beating consensus estimates with $1.84 EPS and revenues of $1.09 billion.

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