GAMMA Investing LLC Has $1.08 Million Stock Position in Equinix, Inc. $EQIX

GAMMA Investing LLC raised its position in Equinix, Inc. (NASDAQ:EQIX) by 24.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,363 shares of the financial services provider’s stock after purchasing an additional 271 shares during the quarter. GAMMA Investing LLC’s holdings in Equinix were worth $1,084,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EQIX. Nuveen LLC acquired a new stake in shares of Equinix during the 1st quarter valued at about $662,663,000. JPMorgan Chase & Co. raised its position in Equinix by 22.5% during the first quarter. JPMorgan Chase & Co. now owns 1,590,568 shares of the financial services provider’s stock valued at $1,296,871,000 after acquiring an additional 291,753 shares in the last quarter. National Bank of Canada FI lifted its stake in Equinix by 169.7% in the first quarter. National Bank of Canada FI now owns 394,223 shares of the financial services provider’s stock valued at $321,427,000 after acquiring an additional 248,075 shares during the last quarter. Vanguard Group Inc. grew its position in Equinix by 1.9% in the first quarter. Vanguard Group Inc. now owns 12,906,820 shares of the financial services provider’s stock worth $10,523,576,000 after acquiring an additional 242,121 shares in the last quarter. Finally, Amundi increased its stake in shares of Equinix by 21.6% during the 1st quarter. Amundi now owns 1,068,003 shares of the financial services provider’s stock worth $856,637,000 after purchasing an additional 189,383 shares during the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Equinix Stock Performance

Equinix stock opened at $803.28 on Wednesday. The firm has a market capitalization of $78.61 billion, a P/E ratio of 78.68, a P/E/G ratio of 1.42 and a beta of 0.92. The stock has a fifty day moving average price of $783.03 and a two-hundred day moving average price of $817.64. Equinix, Inc. has a 52-week low of $701.41 and a 52-week high of $994.03. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54.

Equinix (NASDAQ:EQIX) last released its quarterly 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. The firm had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.26 billion. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the previous year, the business earned $9.22 earnings per share. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. As a group, analysts anticipate that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, August 20th were given a $4.69 dividend. This represents a $18.76 annualized dividend and a yield of 2.3%. The ex-dividend date was Wednesday, August 20th. Equinix’s payout ratio is 183.74%.

Analyst Ratings Changes

Several research firms recently issued reports on EQIX. Cowen reaffirmed a “buy” rating on shares of Equinix in a research note on Thursday, July 3rd. JMP Securities reaffirmed a “market outperform” rating and issued a $1,200.00 price target on shares of Equinix in a research report on Tuesday, July 22nd. Wells Fargo & Company lowered their price objective on Equinix from $1,065.00 to $925.00 and set an “overweight” rating on the stock in a report on Thursday, June 26th. BMO Capital Markets downgraded 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. Finally, Mizuho decreased their target price on Equinix from $1,069.00 to $900.00 and set an “outperform” rating for the company in a research report on Tuesday, July 1st. Five analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $962.52.

Insider Buying and Selling at Equinix

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

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.