Equinix, Inc. $EQIX Shares Sold by Natural Investments LLC

Natural Investments LLC lowered its stake in shares of Equinix, Inc. (NASDAQ:EQIX) by 23.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 315 shares of the financial services provider’s stock after selling 94 shares during the quarter. Natural Investments LLC’s holdings in Equinix were worth $250,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Aberdeen Group plc increased its holdings in Equinix by 0.8% in the 2nd quarter. Aberdeen Group plc now owns 236,669 shares of the financial services provider’s stock worth $185,623,000 after buying an additional 1,892 shares during the period. First Fiduciary Investment Counsel Inc. increased its holdings in Equinix by 54.7% in the 2nd quarter. First Fiduciary Investment Counsel Inc. now owns 16,635 shares of the financial services provider’s stock worth $13,233,000 after buying an additional 5,881 shares during the period. PDS Planning Inc increased its holdings in Equinix by 6.4% in the 2nd quarter. PDS Planning Inc now owns 619 shares of the financial services provider’s stock worth $492,000 after buying an additional 37 shares during the period. Blue Trust Inc. increased its holdings in Equinix by 5.0% in the 2nd quarter. Blue Trust Inc. now owns 965 shares of the financial services provider’s stock worth $767,000 after buying an additional 46 shares during the period. Finally, Commerzbank Aktiengesellschaft FI increased its holdings in Equinix by 47.7% in the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 4,774 shares of the financial services provider’s stock worth $3,798,000 after buying an additional 1,541 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.

Insiders Place Their Bets

In related news, Director Christopher B. Paisley sold 75 shares of Equinix stock in a transaction on Monday, August 18th. The shares were sold at an average price of $781.50, for a total value of $58,612.50. Following the sale, the director owned 17,832 shares of the company’s stock, valued at approximately $13,935,708. This trade represents a 0.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Raouf Abdel sold 404 shares of Equinix stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total transaction of $311,528.44. Following the completion of the sale, the executive vice president directly owned 6,378 shares in the company, valued at $4,918,139.58. This represents a 5.96% decrease in their position. The disclosure for this sale can be found here. 0.27% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on EQIX shares. JMP Securities reiterated a “market outperform” rating and issued a $1,200.00 price target on shares of Equinix in a report on Tuesday, July 22nd. Wells Fargo & Company cut their price target on shares of Equinix from $1,065.00 to $925.00 and set an “overweight” rating on the stock in a report on Thursday, June 26th. Scotiabank cut their price target on shares of Equinix from $1,030.00 to $965.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 26th. Cowen reiterated a “buy” rating on shares of Equinix in a report on Thursday, July 3rd. Finally, Wall Street Zen downgraded shares of Equinix from a “hold” rating to a “sell” rating in a report on Saturday. Four analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Equinix presently has an average rating of “Moderate Buy” and a consensus target price of $960.65.

Equinix Price Performance

Shares of NASDAQ EQIX opened at $800.60 on Friday. The stock has a market capitalization of $78.35 billion, a price-to-earnings ratio of 78.41, a PEG ratio of 1.38 and a beta of 0.92. Equinix, Inc. has a 12 month low of $701.41 and a 12 month high of $994.03. The firm’s 50 day simple moving average is $782.79 and its 200-day simple moving average is $812.67. 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 issued its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $9.91 EPS for the quarter, topping analysts’ consensus estimates of $3.49 by $6.42. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The business had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter last year, the company earned $9.22 EPS. The business’s revenue was up 4.5% on a year-over-year basis. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. Analysts expect that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, August 20th were paid a $4.69 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $18.76 dividend on an annualized basis and a yield of 2.3%. Equinix’s dividend payout ratio (DPR) is currently 183.74%.

About Equinix

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.