Equinix, Inc. $EQIX Shares Purchased by AlphaQuest LLC

AlphaQuest LLC increased its holdings in shares of Equinix, Inc. (NASDAQ:EQIX) by 1,020.0% during the first quarter, HoldingsChannel.com reports. The fund owned 2,240 shares of the financial services provider’s stock after buying an additional 2,040 shares during the period. AlphaQuest LLC’s holdings in Equinix were worth $1,826,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. GAMMA Investing LLC boosted its holdings in Equinix by 82,340.9% in the 1st quarter. GAMMA Investing LLC now owns 890,362 shares of the financial services provider’s stock valued at $725,957,000 after purchasing an additional 889,282 shares during the last quarter. Nuveen LLC acquired a new position in Equinix in the 1st quarter valued at about $662,663,000. Northern Trust Corp boosted its holdings in Equinix by 65.3% in the 4th quarter. Northern Trust Corp now owns 1,483,781 shares of the financial services provider’s stock valued at $1,399,042,000 after purchasing an additional 586,034 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Equinix by 22.5% in the 1st quarter. JPMorgan Chase & Co. now owns 1,590,568 shares of the financial services provider’s stock valued at $1,296,871,000 after purchasing an additional 291,753 shares during the last quarter. Finally, National Bank of Canada FI boosted its holdings in Equinix by 169.7% in the 1st quarter. National Bank of Canada FI now owns 394,223 shares of the financial services provider’s stock valued at $321,427,000 after purchasing an additional 248,075 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Equinix

In related news, Director Christopher B. Paisley sold 75 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $781.50, for a total transaction of $58,612.50. Following the sale, the director directly owned 17,832 shares of the company’s stock, valued at $13,935,708. This represents a 0.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Adaire Fox-Martin sold 2,949 shares of the business’s stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $884.91, for a total transaction of $2,609,599.59. Following the completion of the transaction, the chief executive officer owned 9,615 shares of the company’s stock, valued at approximately $8,508,409.65. This trade represents a 23.47% decrease in their position. The disclosure for this sale can be found here. 0.27% of the stock is owned by corporate insiders.

Equinix Price Performance

Equinix stock opened at $786.47 on Friday. The company’s 50 day simple moving average is $796.24 and its 200-day simple moving average is $839.14. The company has a market capitalization of $76.96 billion, a price-to-earnings ratio of 77.03, a price-to-earnings-growth ratio of 1.39 and a beta of 0.90. Equinix, Inc. has a 1 year low of $701.41 and a 1 year high of $994.03. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.54 and a current ratio of 1.54.

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

Equinix Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, August 20th will be paid a dividend of $4.69 per share. This represents a $18.76 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, August 20th. Equinix’s dividend payout ratio is presently 183.74%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on EQIX. Guggenheim began coverage on shares of Equinix in a report on Thursday, July 10th. They issued a “buy” rating and a $933.00 target price on the stock. Mizuho decreased their target price on shares of Equinix from $1,069.00 to $900.00 and set an “outperform” rating on the stock in a report on Tuesday, July 1st. JPMorgan Chase & Co. boosted their target price on shares of Equinix from $935.00 to $940.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. TD Securities boosted their target price on shares of Equinix from $978.00 to $1,018.00 and gave the company a “buy” rating in a report on Thursday, May 1st. Finally, Barclays boosted their target price on shares of Equinix from $798.00 to $804.00 and gave the company an “equal weight” rating in a report on Wednesday. Five 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 company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $962.52.

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.