Kurt Pletcher Sells 596 Shares of Equinix (NASDAQ:EQIX) Stock

Equinix, Inc. (NASDAQ:EQIX) insider Kurt Pletcher sold 596 shares of the company’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $801.78, for a total transaction of $477,860.88. Following the completion of the transaction, the insider directly owned 3,195 shares in the company, valued at approximately $2,561,687.10. The trade was a 15.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Kurt Pletcher also recently made the following trade(s):

• On Tuesday, December 2nd, Kurt Pletcher sold 290 shares of Equinix stock. The shares were sold at an average price of $731.19, for a total value of $212,045.10.

Equinix Stock Performance

Shares of EQIX opened at $795.48 on Thursday. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 1.32. The stock has a 50-day moving average price of $764.59 and a 200-day moving average price of $782.63. The company has a market cap of $78.11 billion, a PE ratio of 72.85, a price-to-earnings-growth ratio of 1.23 and a beta of 1.05. Equinix, Inc. has a 12-month low of $701.41 and a 12-month high of $953.41.

Equinix (NASDAQ:EQIX) last announced its earnings results on Wednesday, October 29th. The financial services provider reported $9.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.27 by $0.56. Equinix had a net margin of 11.82% and a return on equity of 7.70%. The business had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.33 billion. During the same period in the previous year, the business posted $9.05 earnings per share. Equinix’s revenue for the quarter was up 5.2% on a year-over-year basis. Equinix has set its FY 2025 guidance at 37.950-38.77 EPS. As a group, equities analysts forecast that Equinix, Inc. will post 33.1 earnings per share for the current fiscal year.

Equinix Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, November 19th were given a $4.69 dividend. The ex-dividend date was Wednesday, November 19th. This represents a $18.76 annualized dividend and a yield of 2.4%. Equinix’s payout ratio is 171.79%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on EQIX. Morgan Stanley began coverage on Equinix in a research report on Thursday, October 16th. They set an “overweight” rating and a $950.00 price objective on the stock. HSBC set a $1,050.00 price target on shares of Equinix and gave the stock a “buy” rating in a research note on Thursday, January 15th. Barclays reaffirmed a “positive” rating and issued a $870.00 price objective on shares of Equinix in a research note on Tuesday, January 13th. Citigroup reaffirmed a “buy” rating on shares of Equinix in a report on Thursday, December 11th. Finally, Daiwa Capital Markets set a $917.00 price target on shares of Equinix and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Four research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $959.64.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Quent Capital LLC boosted its stake in shares of Equinix by 4.2% during the 3rd quarter. Quent Capital LLC now owns 298 shares of the financial services provider’s stock worth $233,000 after acquiring an additional 12 shares in the last quarter. Whittier Trust Co. grew its holdings in Equinix by 1.3% during the second quarter. Whittier Trust Co. now owns 1,040 shares of the financial services provider’s stock valued at $827,000 after purchasing an additional 13 shares during the last quarter. CVA Family Office LLC lifted its stake in shares of Equinix by 10.9% in the second quarter. CVA Family Office LLC now owns 132 shares of the financial services provider’s stock worth $105,000 after buying an additional 13 shares during the last quarter. Flputnam Investment Management Co. boosted its holdings in shares of Equinix by 1.0% during the 3rd quarter. Flputnam Investment Management Co. now owns 1,295 shares of the financial services provider’s stock worth $1,014,000 after buying an additional 13 shares during the period. Finally, Paragon Private Wealth Management LLC grew its stake in Equinix by 2.7% in the 3rd quarter. Paragon Private Wealth Management LLC now owns 495 shares of the financial services provider’s stock valued at $388,000 after buying an additional 13 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.

More Equinix News

Here are the key news stories impacting Equinix this week:

• Positive Sentiment: Bank of America reaffirmed a Buy and raised its target on Equinix to $950, highlighting the company’s enterprise colocation strength and providing analyst-driven upside for the stock. Enterprise Colocation Expertise Offer Fundamental Strength to Equinix
• Neutral Sentiment: Equinix clarified the tax treatment for all 2025 common‑stock distributions, removing a tax‑reporting uncertainty for income investors; this is informational rather than a fundamental change to cash flows. Equinix Announces Tax Treatment of 2025 Distributions
• Neutral Sentiment: Opinion pieces and previews are urging investors to reassess EQIX after a recent pullback; these stories can amplify near‑term volatility around results but do not by themselves change the company’s reported revenue/guidance. Is It Time To Reassess Equinix After Its Recent Share Price Pullback?
• Negative Sentiment: Multiple senior insiders disclosed sizable sales on Jan. 16 (CEO Adaire Fox‑Martin, CFO Keith Taylor, Chairman Charles Meyers, EVP Raouf Abdel and others), offloading blocks around ~$801–$804 per share. Large, clustered insider sales are weighing on sentiment and likely contributed to intraday weakness; note that sales can reflect diversification or tax planning rather than loss of confidence, but they often trigger short‑term selling pressure. (See SEC filings: CEO, CFO, Chairman, EVP.) CEO Form 4 CFO Form 4 Chairman Form 4 EVP Form 4

About Equinix

Equinix, Inc is a global provider of digital infrastructure and interconnection services, specializing in carrier-neutral data centers and colocation. The company operates a platform that enables enterprises, cloud and network service providers, and content companies to colocate IT infrastructure, interconnect directly with partners and providers, and access cloud on-ramps and network services in a secure, low-latency environment.

Equinix’s offerings include traditional colocation space and power, cross-connects and meet-me rooms, and a suite of connectivity and on-demand services designed for hybrid multicloud architectures.