Equinix, Inc. $EQIX Shares Purchased by Machina Capital S.A.S.

Machina Capital S.A.S. increased its stake in shares of Equinix, Inc. (NASDAQ:EQIX) by 52.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,636 shares of the financial services provider’s stock after purchasing an additional 902 shares during the quarter. Machina Capital S.A.S.’s holdings in Equinix were worth $2,097,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Cornerstone Planning Group LLC raised its position in Equinix by 40.0% in the first quarter. Cornerstone Planning Group LLC now owns 42 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 12 shares in the last quarter. Signaturefd LLC raised its position in Equinix by 0.8% in the first 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 in the last quarter. AE Wealth Management LLC raised its position in Equinix by 5.1% in the first quarter. AE Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $202,000 after acquiring an additional 12 shares in the last quarter. Gitterman Wealth Management LLC raised its position in Equinix by 5.0% in 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 in the last quarter. Finally, Quent Capital LLC raised its position 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 acquiring an additional 13 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Insider Activity

In other news, EVP Raouf Abdel sold 404 shares of the stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total transaction of $311,528.44. Following the transaction, 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 sale was disclosed in a legal filing with the SEC, which is available at this link. 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 transaction of $58,612.50. Following the transaction, the director owned 17,832 shares in the company, valued at approximately $13,935,708. The trade was a 0.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.27% of the company’s stock.

Equinix Trading Up 1.5%

Shares of EQIX stock opened at $846.01 on Monday. The firm has a market cap of $83.07 billion, a P/E ratio of 77.47, a PEG ratio of 1.38 and a beta of 0.92. Equinix, Inc. has a 1-year low of $701.41 and a 1-year high of $994.03. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54. The firm’s 50-day simple moving average is $796.54 and its 200-day simple moving average is $816.90.

Equinix (NASDAQ:EQIX) last announced its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $9.83 earnings per share for the quarter, topping the consensus estimate of $9.27 by $0.56. The business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.33 billion. Equinix had a net margin of 11.82% and a return on equity of 7.74%. The company’s revenue was up 5.2% on a year-over-year basis. During the same period in the prior 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. As a group, equities analysts forecast that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 19th will be issued a dividend of $4.69 per share. This represents a $18.76 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Wednesday, November 19th. Equinix’s dividend payout ratio is presently 171.79%.

Analyst Ratings Changes

EQIX has been the subject of several research analyst reports. BMO Capital Markets set a $900.00 price objective on Equinix and gave the stock a “market perform” rating in a research report on Thursday. Truist Financial increased their price objective on shares of Equinix from $904.00 to $961.00 and gave the company a “buy” rating in a research note on Thursday, August 7th. Daiwa Capital Markets set a $917.00 price objective on shares of Equinix and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. TD Cowen increased their price objective on shares of Equinix from $993.00 to $995.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Guggenheim initiated coverage on shares of Equinix in a research note on Thursday, July 10th. They issued a “buy” rating and a $933.00 price objective on the stock. 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. According to data from MarketBeat.com, Equinix has an average rating of “Buy” and a consensus price target of $960.76.

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.