Equinix, Inc. $EQIX Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC grew its position in shares of Equinix, Inc. (NASDAQ:EQIX) by 12.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,932 shares of the financial services provider’s stock after buying an additional 316 shares during the quarter. SG Americas Securities LLC’s holdings in Equinix were worth $2,332,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in EQIX. AE Wealth Management LLC grew its stake in Equinix by 5.1% during the 1st quarter. AE Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $202,000 after buying an additional 12 shares during the last quarter. Gitterman Wealth Management LLC grew its position in shares of Equinix by 5.0% during the first quarter. Gitterman Wealth Management LLC now owns 250 shares of the financial services provider’s stock worth $206,000 after acquiring an additional 12 shares during the last quarter. Quent Capital LLC increased its holdings in shares of Equinix by 4.8% in the 2nd quarter. Quent Capital LLC now owns 286 shares of the financial services provider’s stock valued at $228,000 after acquiring an additional 13 shares during the period. Whittier Trust Co. increased its holdings in shares of Equinix by 1.3% in the 2nd quarter. Whittier Trust Co. now owns 1,040 shares of the financial services provider’s stock valued at $827,000 after acquiring an additional 13 shares during the period. Finally, CVA Family Office LLC raised its position in Equinix by 10.9% in the 2nd quarter. CVA Family Office LLC now owns 132 shares of the financial services provider’s stock valued at $105,000 after purchasing an additional 13 shares during the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on EQIX shares. Zacks Research upgraded shares of Equinix from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Cowen reissued a “buy” rating on shares of Equinix in a report on Thursday, October 30th. Morgan Stanley began coverage on Equinix in a research report on Thursday, October 16th. They issued an “overweight” rating and a $950.00 price target on the stock. Truist Financial increased their price objective on Equinix from $961.00 to $973.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Dbs Bank upgraded Equinix to a “moderate buy” rating in a research note on Wednesday, August 6th. Five equities 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’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $961.33.

Equinix Price Performance

Shares of NASDAQ:EQIX opened at $765.08 on Thursday. 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 market cap of $75.12 billion, a P/E ratio of 70.06, a PEG ratio of 1.38 and a beta of 0.92. Equinix, Inc. has a 52 week low of $701.41 and a 52 week high of $994.03. The company has a 50-day moving average price of $803.94 and a 200 day moving average price of $815.25.

Equinix (NASDAQ:EQIX) last released its earnings results on Wednesday, October 29th. The financial services provider reported $9.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.27 by $0.56. The company had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.33 billion. Equinix had a return on equity of 7.74% and a net margin of 11.82%.The firm’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $9.05 EPS. Equinix has set its Q4 2025 guidance at EPS. FY 2025 guidance at 37.950-38.77 EPS. Research analysts predict that Equinix, Inc. will post 33.1 earnings per share for the current year.

Equinix Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 19th will be issued a $4.69 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $18.76 dividend on an annualized basis and a yield of 2.5%. Equinix’s dividend payout ratio (DPR) is 171.79%.

Insider Activity at Equinix

In other news, Director Christopher B. Paisley sold 50 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $777.58, for a total transaction of $38,879.00. Following the transaction, the director directly owned 17,782 shares of the company’s stock, valued at $13,826,927.56. This represents a 0.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Brandi Galvin Morandi sold 100 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $840.47, for a total transaction of $84,047.00. Following the completion of the transaction, the insider owned 8,277 shares of the company’s stock, valued at $6,956,570.19. This represents a 1.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 5,641 shares of company stock valued at $4,394,531 over the last 90 days. Company 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.