Coppell Advisory Solutions LLC Sells 223 Shares of Equinix, Inc. $EQIX

Coppell Advisory Solutions LLC lowered its position in Equinix, Inc. (NASDAQ:EQIX) by 17.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,056 shares of the financial services provider’s stock after selling 223 shares during the period. Coppell Advisory Solutions LLC’s holdings in Equinix were worth $899,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Truist Financial Corp boosted its stake in Equinix by 8.2% in the first quarter. Truist Financial Corp now owns 52,301 shares of the financial services provider’s stock valued at $42,643,000 after acquiring an additional 3,981 shares in the last quarter. Elliott Investment Management L.P. acquired a new position in shares of Equinix during the first quarter worth $122,302,000. Nisa Investment Advisors LLC lifted its holdings in shares of Equinix by 71.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 74,434 shares of the financial services provider’s stock valued at $60,690,000 after purchasing an additional 31,073 shares during the last quarter. First United Bank & Trust acquired a new stake in shares of Equinix in the 1st quarter worth $451,000. Finally, Partners Group Holding AG boosted its position in shares of Equinix by 10.6% in the 1st quarter. Partners Group Holding AG now owns 51,787 shares of the financial services provider’s stock worth $42,225,000 after purchasing an additional 4,968 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on EQIX. Wolfe Research cut Equinix from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 9th. UBS Group lowered their target price on shares of Equinix from $1,035.00 to $950.00 and set a “buy” rating for the company in a research note on Friday, July 11th. Truist Financial upped their price target on shares of Equinix from $904.00 to $961.00 and gave the company a “buy” rating in a research note on Thursday, August 7th. Mizuho lowered their price objective on shares of Equinix from $1,069.00 to $900.00 and set an “outperform” rating for the company in a research note on Tuesday, July 1st. Finally, Cfra Research downgraded Equinix from a “moderate buy” rating to a “hold” rating in a research report on Thursday, July 31st. Five research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $962.52.

Equinix Trading Down 1.1%

Shares of Equinix stock opened at $765.51 on Tuesday. The stock has a market cap of $74.92 billion, a PE ratio of 74.98, a price-to-earnings-growth ratio of 1.38 and a beta of 0.92. The firm has a fifty day moving average price of $779.76 and a 200 day moving average price of $825.73. 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 current ratio of 1.54 and a quick ratio of 1.54.

Equinix (NASDAQ:EQIX) last announced its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share for the quarter, topping the consensus estimate of $3.49 by $6.42. The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.26 billion. Equinix had a return on equity of 7.22% and a net margin of 11.11%.The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last 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. Equities research analysts predict that Equinix, Inc. will post 33.1 earnings per share for the current year.

Equinix Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Wednesday, August 20th will be given a $4.69 dividend. This represents a $18.76 annualized dividend and a yield of 2.5%. The ex-dividend date is Wednesday, August 20th. Equinix’s dividend payout ratio is currently 183.74%.

Insider Buying and Selling

In other news, Director Christopher B. Paisley sold 75 shares of the firm’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 owned 17,832 shares of the company’s stock, valued at $13,935,708. This trade represents a 0.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.27% of the company’s stock.

Equinix Company 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.