Nisa Investment Advisors LLC Sells 29,057 Shares of Equinix, Inc. $EQIX

Nisa Investment Advisors LLC decreased its position in shares of Equinix, Inc. (NASDAQ:EQIX) by 39.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,377 shares of the financial services provider’s stock after selling 29,057 shares during the period. Nisa Investment Advisors LLC’s holdings in Equinix were worth $36,096,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of EQIX. Cornerstone Planning Group LLC lifted its position in Equinix by 40.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 42 shares of the financial services provider’s stock worth $34,000 after buying an additional 12 shares during the last quarter. Signaturefd LLC lifted its holdings in shares of Equinix by 0.8% in the 1st quarter. Signaturefd LLC now owns 1,450 shares of the financial services provider’s stock worth $1,182,000 after acquiring an additional 12 shares during the last quarter. AE Wealth Management LLC boosted its stake in shares of Equinix by 5.1% in the 1st quarter. AE Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $202,000 after purchasing an additional 12 shares in the last quarter. Gitterman Wealth Management LLC grew its holdings in shares of Equinix by 5.0% during the 1st quarter. Gitterman Wealth Management LLC now owns 250 shares of the financial services provider’s stock valued at $206,000 after purchasing an additional 12 shares during the last quarter. Finally, Quent Capital LLC lifted its stake in Equinix by 4.8% in the second quarter. Quent Capital LLC now owns 286 shares of the financial services provider’s stock worth $228,000 after purchasing an additional 13 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on EQIX. JMP Securities reissued a “market outperform” rating and set a $1,200.00 price objective on shares of Equinix in a research note on Tuesday, July 22nd. Guggenheim assumed coverage on shares of Equinix in a research report on Thursday, July 10th. They issued a “buy” rating and a $933.00 target price for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Equinix in a research report on Saturday. Zacks Research upgraded shares of Equinix from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Finally, UBS Group dropped their price objective on shares of Equinix from $1,035.00 to $950.00 and set a “buy” rating on the stock in a research note on Friday, July 11th. Five equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Equinix has an average rating of “Buy” and a consensus price target of $957.38.

Equinix Stock Performance

Shares of EQIX stock opened at $839.49 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 1.29. The company has a 50 day moving average price of $791.39 and a 200-day moving average price of $814.98. Equinix, Inc. has a 52 week low of $701.41 and a 52 week high of $994.03. The firm has a market capitalization of $82.15 billion, a PE ratio of 82.22, a P/E/G ratio of 1.45 and a beta of 0.92.

Equinix (NASDAQ:EQIX) last posted its earnings results on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share for the quarter, beating analysts’ consensus estimates of $3.49 by $6.42. Equinix had a return on equity of 7.22% and a net margin of 11.11%.The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the prior year, the company earned $9.22 earnings per share. Equinix’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. As a group, equities research analysts expect that Equinix, Inc. will post 33.1 earnings per share for the current year.

Equinix Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, August 20th were issued a $4.69 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $18.76 annualized dividend and a yield of 2.2%. Equinix’s dividend payout ratio is currently 183.74%.

Equinix 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.