Equinix, Inc. $EQIX Shares Sold by IFM Investors Pty Ltd

IFM Investors Pty Ltd cut its position in shares of Equinix, Inc. (NASDAQ:EQIX) by 6.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,781 shares of the financial services provider’s stock after selling 2,610 shares during the quarter. IFM Investors Pty Ltd’s holdings in Equinix were worth $28,463,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in EQIX. Pinney & Scofield Inc. purchased a new position in Equinix during the fourth quarter worth approximately $28,000. Activest Wealth Management raised its holdings in shares of Equinix by 121.4% during the 1st quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock valued at $25,000 after buying an additional 17 shares during the period. GKV Capital Management Co. Inc. acquired a new position in shares of Equinix during the first quarter worth $30,000. Atticus Wealth Management LLC purchased a new position in Equinix in the 2nd quarter valued at about $29,000. Finally, Pacific Center for Financial Services grew its stake in Equinix by 65.2% during the 4th quarter. Pacific Center for Financial Services now owns 38 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Wall Street Analyst Weigh In

EQIX has been the topic of several research reports. BMO Capital Markets cut Equinix from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $1,045.00 to $850.00 in a research note on Thursday, June 26th. Barclays raised their target price on Equinix from $798.00 to $804.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 20th. Truist Financial increased their price objective on shares of Equinix from $904.00 to $961.00 and gave the company a “buy” rating in a report on Thursday, August 7th. Bank of America dropped their price target on shares of Equinix from $1,000.00 to $950.00 and set a “buy” rating on the stock in a research report on Thursday, June 26th. Finally, Dbs Bank upgraded Equinix to a “moderate buy” rating in a report on Wednesday, August 6th. Five investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $962.52.

Insider Activity at Equinix

In related news, Director Christopher B. Paisley sold 75 shares of the firm’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $781.50, for a total value of $58,612.50. Following the transaction, the director owned 17,832 shares in the company, valued at $13,935,708. This trade represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Raouf Abdel sold 404 shares of the stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total value of $311,528.44. Following the completion of the transaction, the executive vice president directly owned 6,378 shares in the company, valued at approximately $4,918,139.58. This trade represents a 5.96% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.27% of the company’s stock.

Equinix Stock Performance

Shares of NASDAQ EQIX opened at $785.30 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 1.29. Equinix, Inc. has a 12 month low of $701.41 and a 12 month high of $994.03. The business’s 50 day moving average is $780.72 and its two-hundred day moving average is $820.06. The company has a market cap of $76.85 billion, a P/E ratio of 76.91, a P/E/G ratio of 1.39 and a beta of 0.92.

Equinix (NASDAQ:EQIX) last issued its earnings results on Wednesday, July 30th. The financial services provider reported $9.91 EPS for the quarter, beating analysts’ consensus estimates of $3.49 by $6.42. Equinix had a return on equity of 7.22% and a net margin of 11.11%.The business had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same period in the prior year, the company posted $9.22 earnings per share. Equinix’s revenue was up 4.5% on a year-over-year basis. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. On average, equities analysts expect that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, August 20th were given a $4.69 dividend. This represents a $18.76 annualized dividend and a yield of 2.4%. The ex-dividend date was Wednesday, August 20th. Equinix’s dividend payout ratio (DPR) is presently 183.74%.

Equinix Profile

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.