550 Shares in Equinix, Inc. $EQIX Bought by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC acquired a new position in Equinix, Inc. (NASDAQ:EQIX) during the first quarter, according to the company in its most recent filing with the SEC. The fund acquired 550 shares of the financial services provider’s stock, valued at approximately $539,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameriflex Group Inc. increased its holdings in Equinix by 433.3% during the 3rd quarter. Ameriflex Group Inc. now owns 32 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 26 shares during the last quarter. Physician Wealth Advisors Inc. boosted its stake in shares of Equinix by 266.7% during the 1st quarter. Physician Wealth Advisors Inc. now owns 33 shares of the financial services provider’s stock valued at $32,000 after buying an additional 24 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of Equinix during the fourth quarter worth approximately $30,000. Bogart Wealth LLC grew its position in shares of Equinix by 233.3% during the first quarter. Bogart Wealth LLC now owns 40 shares of the financial services provider’s stock worth $39,000 after buying an additional 28 shares in the last quarter. Finally, Princeton Global Asset Management LLC increased its stake in shares of Equinix by 200.0% in the fourth quarter. Princeton Global Asset Management LLC now owns 42 shares of the financial services provider’s stock worth $32,000 after buying an additional 28 shares during the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Equinix

In other Equinix news, Chairman Charles J. Meyers sold 5,224 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $1,085.23, for a total value of $5,669,241.52. Following the completion of the sale, the chairman directly owned 7,370 shares of the company’s stock, valued at $7,998,145.10. The trade was a 41.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Christopher B. Paisley sold 125 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $1,060.29, for a total transaction of $132,536.25. Following the transaction, the director owned 17,557 shares in the company, valued at approximately $18,615,511.53. This trade represents a 0.71% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 11,539 shares of company stock worth $12,455,054. 0.27% of the stock is owned by corporate insiders.

Equinix Price Performance

NASDAQ EQIX opened at $1,002.02 on Monday. Equinix, Inc. has a 12 month low of $720.62 and a 12 month high of $1,128.68. The company’s 50 day simple moving average is $1,073.27 and its 200 day simple moving average is $959.52. The company has a market capitalization of $98.82 billion, a P/E ratio of 69.34, a PEG ratio of 1.86 and a beta of 0.98. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.18 and a quick ratio of 1.18.

Equinix (NASDAQ:EQIX) last announced its earnings results on Wednesday, April 29th. The financial services provider reported $10.79 EPS for the quarter, topping the consensus estimate of $4.30 by $6.49. The company had revenue of $2.44 billion during the quarter, compared to analysts’ expectations of $2.52 billion. Equinix had a net margin of 15.07% and a return on equity of 10.03%. The business’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the company posted $9.67 earnings per share. Equinix has set its FY 2026 guidance at 42.310-43.110 EPS. Equities research analysts expect that Equinix, Inc. will post 38.26 earnings per share for the current fiscal year.

Equinix Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, May 20th were paid a $5.16 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $20.64 annualized dividend and a dividend yield of 2.1%. Equinix’s payout ratio is presently 142.84%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on EQIX shares. Scotiabank boosted their target price on shares of Equinix from $1,050.00 to $1,120.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Evercore reaffirmed an “outperform” rating and set a $1,240.00 price target on shares of Equinix in a research report on Tuesday, April 28th. Wall Street Zen upgraded Equinix from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. HSBC boosted their price objective on Equinix from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a report on Monday, April 27th. Finally, JPMorgan Chase & Co. lifted their target price on Equinix from $1,100.00 to $1,200.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,153.38.

Equinix 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.