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Akamai Approves Key Amendments at Annual Meeting

Story Highlights
  • Akamai stockholders approved an 8 million share increase in the Stock Incentive Plan.
  • Amendments to eliminate supermajority voting were approved, enhancing shareholder governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Akamai Approves Key Amendments at Annual Meeting

Confident Investing Starts Here:

Akamai ( (AKAM) ) has shared an update.

On May 14, 2025, Akamai Technologies held its annual meeting where stockholders approved several significant amendments, including an increase of 8 million shares for the company’s Stock Incentive Plan and changes to its Certificate of Incorporation to eliminate supermajority voting requirements. Additionally, the meeting saw the election of board members and ratification of PricewaterhouseCoopers LLP as the independent accounting firm, reflecting a strategic shift towards more shareholder-friendly governance practices.

The most recent analyst rating on (AKAM) stock is a Buy with a $115.00 price target. To see the full list of analyst forecasts on Akamai stock, see the AKAM Stock Forecast page.

Spark’s Take on AKAM Stock

According to Spark, TipRanks’ AI Analyst, AKAM is a Outperform.

Akamai Technologies displays financial resilience with strong revenue and profitability metrics. Technical analysis suggests caution due to bearish trends, while the valuation remains moderate. Recent earnings call and corporate events highlight growth potential, despite some concerns in delivery revenue and macroeconomic factors.

To see Spark’s full report on AKAM stock, click here.

More about Akamai

Akamai Technologies, Inc. operates in the technology industry, focusing on providing cloud services and content delivery network solutions. The company is known for its expertise in enhancing web and mobile performance, cybersecurity, and delivering media content.

Average Trading Volume: 3,060,650

Technical Sentiment Signal: Sell

Current Market Cap: $11.33B

See more insights into AKAM stock on TipRanks’ Stock Analysis page.

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