Equinix, Inc. $EQIX Shares Acquired by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG lifted its stake in shares of Equinix, Inc. (NASDAQ:EQIXFree Report) by 39.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,563 shares of the financial services provider’s stock after buying an additional 2,420 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Equinix were worth $6,982,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in EQIX. Pinney & Scofield Inc. acquired a new position in shares of Equinix during the fourth quarter worth about $28,000. GKV Capital Management Co. Inc. acquired a new position in shares of Equinix during the first quarter worth about $30,000. Whipplewood Advisors LLC grew its position in shares of Equinix by 127.8% during the first quarter. Whipplewood Advisors LLC now owns 41 shares of the financial services provider’s stock worth $33,000 after buying an additional 23 shares in the last quarter. Cornerstone Planning Group LLC grew its position in shares of Equinix by 40.0% during the first 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 in the last quarter. Finally, Pacific Center for Financial Services boosted its holdings in Equinix by 65.2% in the fourth quarter. Pacific Center for Financial Services now owns 38 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 15 shares in the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Equinix

In other news, Director Christopher B. Paisley sold 75 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $781.50, for a total transaction of $58,612.50. Following the completion of the sale, the director owned 17,832 shares in the company, valued at $13,935,708. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Adaire Fox-Martin sold 2,949 shares of the company’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $884.91, for a total value of $2,609,599.59. Following the sale, the chief executive officer owned 9,615 shares of the company’s stock, valued at $8,508,409.65. This trade represents a 23.47% decrease in their position. The disclosure for this sale can be found here. 0.27% of the stock is owned by corporate insiders.

Equinix Price Performance

Shares of NASDAQ EQIX opened at $790.56 on Thursday. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29. Equinix, Inc. has a twelve month low of $701.41 and a twelve month high of $994.03. The stock has a 50 day moving average of $790.10 and a two-hundred day moving average of $836.02. The stock has a market cap of $77.36 billion, a P/E ratio of 77.43, a P/E/G ratio of 1.39 and a beta of 0.90.

Equinix (NASDAQ:EQIXGet Free Report) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter in the previous year, the business earned $9.22 earnings per share. The firm’s revenue for the quarter 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. On average, research analysts forecast that Equinix, Inc. will post 33.1 earnings per share for the current year.

Equinix Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Wednesday, August 20th will be paid a $4.69 dividend. The ex-dividend date is Wednesday, August 20th. This represents a $18.76 dividend on an annualized basis and a yield of 2.4%. Equinix’s payout ratio is currently 183.74%.

Wall Street Analysts Forecast Growth

EQIX has been the subject of a number of research analyst reports. Guggenheim initiated coverage on Equinix in a report on Thursday, July 10th. They issued a “buy” rating and a $933.00 price target for the company. Wall Street Zen downgraded Equinix from a “hold” rating to a “sell” rating in a report on Saturday, August 16th. TD Securities upped their price target on Equinix from $978.00 to $1,018.00 and gave the company a “buy” rating in a report on Thursday, May 1st. UBS Group lowered their price target on Equinix from $1,035.00 to $950.00 and set a “buy” rating for the company in a report on Friday, July 11th. Finally, BMO Capital Markets downgraded Equinix from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $1,045.00 to $850.00 in a report on Thursday, June 26th. Five investment 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $962.52.

View Our Latest Report on Equinix

About Equinix

(Free Report)

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.

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Institutional Ownership by Quarter for Equinix (NASDAQ:EQIX)

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