Equinix, Inc. (NASDAQ:EQIX – Get Free Report) insider Michael Shane Paladin sold 327 shares of the company’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $804.36, for a total value of $263,025.72. Following the completion of the transaction, the insider owned 952 shares of the company’s stock, valued at $765,750.72. The trade was a 25.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Equinix Stock Up 1.4%
Shares of NASDAQ: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 firm has a market cap of $78.11 billion, a price-to-earnings ratio of 72.85, a PEG ratio of 1.23 and a beta of 1.05. The stock’s 50-day moving average price is $764.59 and its two-hundred day moving average price is $782.63. Equinix, Inc. has a 12-month low of $701.41 and a 12-month high of $953.41.
Equinix (NASDAQ:EQIX – Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $9.83 EPS for the quarter, beating analysts’ consensus estimates of $9.27 by $0.56. The company had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.33 billion. Equinix had a net margin of 11.82% and a return on equity of 7.70%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $9.05 EPS. Equinix has set its FY 2025 guidance at 37.950-38.77 EPS. On average, research analysts forecast that Equinix, Inc. will post 33.1 EPS for the current year.
Equinix Dividend Announcement
Institutional Trading of Equinix
Large investors have recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Equinix by 28.9% during the fourth quarter. Brighton Jones LLC now owns 326 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 73 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in Equinix by 11.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 522 shares of the financial services provider’s stock worth $425,000 after buying an additional 54 shares during the period. Empowered Funds LLC lifted its holdings in Equinix by 21.8% in the 1st quarter. Empowered Funds LLC now owns 3,050 shares of the financial services provider’s stock worth $2,487,000 after buying an additional 546 shares in the last quarter. Pallas Capital Advisors LLC purchased a new position in Equinix in the 2nd quarter valued at about $284,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Equinix by 13.4% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 5,169 shares of the financial services provider’s stock valued at $4,068,000 after acquiring an additional 612 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on EQIX shares. Scotiabank cut their target price on Equinix from $965.00 to $959.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, January 14th. Morgan Stanley assumed coverage on Equinix in a research note on Thursday, October 16th. They set an “overweight” rating and a $950.00 price target for the company. BMO Capital Markets upgraded Equinix from a “market perform” rating to an “outperform” rating and set a $900.00 price objective on the stock in a report on Wednesday, December 3rd. The Goldman Sachs Group cut Equinix from a “buy” rating to a “neutral” rating and set a $795.00 target price for the company. in a report on Thursday, December 18th. Finally, Zacks Research lowered shares of Equinix from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. Four research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $959.64.
Check Out Our Latest Report on Equinix
Equinix News Roundup
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
Equinix Company Profile
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.
Read More
- Five stocks we like better than Equinix
- Wall Street Alert: Buy AES
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- Bitcoin is down but your income is about to explode
- A month before the crash
- Trump Devises the Death of the IRS ☠️
Receive News & Ratings for Equinix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equinix and related companies with MarketBeat.com's FREE daily email newsletter.
