Rathbones Group PLC trimmed its stake in shares of Equinix, Inc. (NASDAQ:EQIX – Free Report) by 3.6% during the first quarter, HoldingsChannel reports. The fund owned 214,132 shares of the financial services provider’s stock after selling 7,905 shares during the quarter. Rathbones Group PLC’s holdings in Equinix were worth $209,901,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Avion Wealth lifted its position in shares of Equinix by 73.3% during the first quarter. Avion Wealth now owns 26 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 11 shares during the last quarter. Physician Wealth Advisors Inc. increased its holdings in Equinix by 266.7% in the first quarter. Physician Wealth Advisors Inc. now owns 33 shares of the financial services provider’s stock valued at $32,000 after buying an additional 24 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in Equinix during the fourth quarter valued at approximately $30,000. Bogart Wealth LLC raised its stake in Equinix by 233.3% during the first quarter. Bogart Wealth LLC now owns 40 shares of the financial services provider’s stock valued at $39,000 after buying an additional 28 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC bought a new position in Equinix during the 1st quarter worth approximately $39,000. Institutional investors own 94.94% of the company’s stock.
Insider Activity
In related news, EVP Raouf Abdel sold 2,040 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $1,083.47, for a total value of $2,210,278.80. Following the sale, the executive vice president owned 5,728 shares of the company’s stock, valued at $6,206,116.16. This trade represents a 26.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Charles J. Meyers sold 5,224 shares of Equinix stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $1,085.23, for a total transaction of $5,669,241.52. Following the completion of the sale, the chairman owned 7,370 shares in the company, valued at approximately $7,998,145.10. This represents a 41.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 11,115 shares of company stock worth $12,022,574 in the last 90 days. 0.27% of the stock is currently owned by insiders.
Analysts Set New Price Targets
View Our Latest Analysis on Equinix
More Equinix News
Here are the key news stories impacting Equinix this week:
- Positive Sentiment: Equinix reported second-quarter FFO of $11.78 per share, ahead of the $11.25 consensus estimate, supported by strong demand, record bookings and higher xScale fees. The company raised its full-year 2026 outlook and projected 11%–12% revenue growth in 2026, with $5 billion–$6 billion of capital expenditures to expand capacity for artificial-intelligence demand. Equinix Q2 AFFO Beat Estimates
- Positive Sentiment: Analysts remain constructive: Truist raised its price target to $1,220 and kept a Buy rating, while Cantor Fitzgerald lifted its target to $1,211 and maintained Overweight. TD Cowen also raised its target to $1,166 and reiterated Buy. Analyst Price Target Changes
- Positive Sentiment: Equinix declared a quarterly dividend of $5.16 per share, representing an annualized yield of approximately 2%, providing ongoing shareholder income.
- Neutral Sentiment: The company reportedly plans to issue at least $3 billion of U.S. investment-grade bonds. The financing could support its AI-related expansion, although it would add debt and interest obligations. Equinix Bond Sale Report
- Negative Sentiment: The main near-term catalyst is a softer third-quarter forecast, which overshadowed the earnings beat and improved full-year and long-term outlook. Investors appear focused on the possibility of slower immediate growth. Equinix Shares Fall on Soft Third-Quarter Forecast
- Negative Sentiment: Unusually heavy put-option activity—4,245 contracts versus average daily volume of 775—signals increased defensive or bearish positioning, though it does not necessarily represent company-specific fundamentals.
Equinix Price Performance
Shares of NASDAQ EQIX opened at $1,019.28 on Monday. Equinix, Inc. has a 1-year low of $720.62 and a 1-year high of $1,128.68. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.13 and a quick ratio of 1.13. The business’s fifty day moving average price is $1,053.29 and its two-hundred day moving average price is $996.48. The firm has a market capitalization of $100.57 billion, a PE ratio of 65.63, a P/E/G ratio of 2.00 and a beta of 0.99.
Equinix Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, August 19th will be given a dividend of $5.16 per share. The ex-dividend date is Wednesday, August 19th. This represents a $20.64 annualized dividend and a dividend yield of 2.0%. Equinix’s dividend payout ratio is currently 132.90%.
Equinix Company Profile
Equinix, Inc is a global provider of digital infrastructure and interconnection services, specializing in carrier-neutral data centers and colocation. The company operates a platform that enables enterprises, cloud and network service providers, and content companies to colocate IT infrastructure, interconnect directly with partners and providers, and access cloud on-ramps and network services in a secure, low-latency environment.
Equinix’s offerings include traditional colocation space and power, cross-connects and meet-me rooms, and a suite of connectivity and on-demand services designed for hybrid multicloud architectures.
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