Equinix, Inc. $EQIX Shares Acquired by Solstein Capital LLC

Solstein Capital LLC grew its stake in Equinix, Inc. (NASDAQ:EQIX) by 4.6% during the second quarter, HoldingsChannel.com reports. The firm owned 366 shares of the financial services provider’s stock after purchasing an additional 16 shares during the period. Solstein Capital LLC’s holdings in Equinix were worth $291,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Activest Wealth Management raised its stake in shares of Equinix by 121.4% in the 1st quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 17 shares in the last quarter. GKV Capital Management Co. Inc. bought a new stake in shares of Equinix during the 1st quarter valued at about $30,000. Atticus Wealth Management LLC bought a new stake in shares of Equinix during the 2nd quarter valued at about $29,000. Saudi Central Bank bought a new stake in shares of Equinix during the 1st quarter valued at about $31,000. Finally, Quarry LP bought a new stake in shares of Equinix during the 1st quarter valued at about $31,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Equinix Price Performance

NASDAQ EQIX opened at $839.49 on Monday. Equinix, Inc. has a 52 week low of $701.41 and a 52 week high of $994.03. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29. The stock has a market cap of $82.15 billion, a price-to-earnings ratio of 82.22, a price-to-earnings-growth ratio of 1.45 and a beta of 0.92. The company has a 50-day moving average price of $791.39 and a two-hundred day moving average price of $815.10.

Equinix (NASDAQ:EQIX) last posted its earnings results on Wednesday, July 30th. The financial services provider reported $9.91 EPS for the quarter, topping the consensus estimate of $3.49 by $6.42. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The firm had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter in the prior year, the firm earned $9.22 EPS. Equinix’s quarterly 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 forecast that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Announces Dividend

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

Wall Street Analyst Weigh In

EQIX has been the subject of a number of recent research reports. Cfra Research downgraded shares of Equinix from a “moderate buy” rating to a “hold” rating in a research report on Thursday, July 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Equinix in a research report on Saturday. JMP Securities reaffirmed a “market outperform” rating and set a $1,200.00 price objective on shares of Equinix in a research report on Tuesday, July 22nd. Morgan Stanley initiated coverage on shares of Equinix in a research report on Thursday, October 16th. They set an “overweight” rating and a $950.00 price objective for the company. Finally, Cowen reaffirmed a “buy” rating on shares of Equinix in a research report on Thursday, July 3rd. Five investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Equinix currently has an average rating of “Buy” and a consensus price target of $957.38.

Insider Activity at Equinix

In other news, Director Christopher B. Paisley sold 75 shares of the stock in a transaction that occurred 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 completion of the transaction, the director directly owned 17,832 shares in the company, valued at $13,935,708. This trade represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Raouf Abdel sold 404 shares of the stock in a transaction that occurred 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 transaction, the executive vice president 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 disclosure for this sale can be found here. Company insiders own 0.27% of the company’s stock.

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.