Akamai Technologies Announces Shareholder Distribution Data
Institutional Shareholders Hold Majority of AKAM Stock
Boston, MA, April 10, 2023 - Akamai Technologies, Inc. (NASDAQ: AKAM), a leading provider of cloud services, has released its latest shareholder distribution data, revealing significant ownership by institutional investors. According to the data, as of [date], 9,151 institutional shareholders own 692 million shares of AKAM, representing approximately 75% of the total shares outstanding.
Mutual Fund Holders and Insiders Also Hold Substantial Shares
Among institutional investors, mutual funds hold the largest stake in AKAM, with approximately 43% of the total institutional holdings. Hedge funds and other investment firms also hold significant portions, accounting for approximately 25% and 15% of institutional holdings, respectively. Akamai Technologies insiders, including executives and directors, own approximately 692 million shares, equivalent to about 7% of the total shares outstanding.
Distribution of Shareholders by Type
The distribution of shareholders by type is as follows:
- Institutional shareholders: 75%
- Mutual funds: 43%
- Hedge funds: 25%
- Other investment firms: 15%
- Insiders: 7%
- Retail investors: 18%
Availability of Shareholder Data
Detailed information on Akamai Technologies' shareholder distribution, including the specific holdings of each institutional investor, is available on the company's Investor Relations website. Investors can access this data to gain insights into the ownership structure of the company and its potential impact on future stock performance.
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