Equinix, Inc. $EQIX Stake Increased by Wedbush Securities Inc.

Wedbush Securities Inc. grew its stake in Equinix, Inc. (NASDAQ:EQIX) by 13.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 638 shares of the financial services provider’s stock after purchasing an additional 74 shares during the quarter. Wedbush Securities Inc.’s holdings in Equinix were worth $508,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Elliott Investment Management L.P. acquired a new stake in shares of Equinix during the first quarter worth $122,302,000. Gradient Investments LLC grew its stake in Equinix by 19.4% during the 2nd quarter. Gradient Investments LLC now owns 24,684 shares of the financial services provider’s stock worth $19,635,000 after buying an additional 4,015 shares during the last quarter. Partners Group Holding AG lifted its stake in Equinix by 10.6% in the first quarter. Partners Group Holding AG now owns 51,787 shares of the financial services provider’s stock valued at $42,225,000 after buying an additional 4,968 shares during the last quarter. Focus Partners Wealth grew its position in shares of Equinix by 19.4% during the first quarter. Focus Partners Wealth now owns 2,573 shares of the financial services provider’s stock worth $2,098,000 after acquiring an additional 418 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC boosted its stake in Equinix by 13.5% during the 2nd quarter. Cbre Investment Management Listed Real Assets LLC now owns 485,538 shares of the financial services provider’s stock valued at $386,231,000 after purchasing an additional 57,630 shares during the period. 94.94% of the stock is owned by institutional investors.

Equinix Stock Down 0.9%

Shares of NASDAQ:EQIX opened at $821.04 on Wednesday. The firm has a 50 day simple moving average of $802.40 and a 200 day simple moving average of $818.09. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.54 and a current ratio of 1.54. Equinix, Inc. has a 52 week low of $701.41 and a 52 week high of $994.03. The company has a market cap of $80.61 billion, a PE ratio of 75.19, a price-to-earnings-growth ratio of 1.38 and a beta of 0.92.

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, beating analysts’ consensus estimates of $9.27 by $0.56. The company had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.33 billion. Equinix had a return on equity of 7.74% and a net margin of 11.82%.The company’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $9.05 earnings per share. Equinix has set its Q4 2025 guidance at EPS. FY 2025 guidance at 37.950-38.77 EPS. As a group, research analysts expect that Equinix, Inc. will post 33.1 earnings per share for the current year.

Equinix Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Investors 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 2.3%. The ex-dividend date is Wednesday, November 19th. Equinix’s dividend payout ratio (DPR) is currently 171.79%.

Insider Activity at Equinix

In other Equinix news, EVP Raouf Abdel sold 404 shares of Equinix stock in a transaction 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 sale, 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 position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Christopher B. Paisley sold 75 shares of the company’s stock in a transaction 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 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 SEC filing for this sale provides additional information. Over the last three months, insiders have sold 579 shares of company stock valued at $454,188. Corporate insiders own 0.27% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on EQIX. TD Cowen boosted their price objective on Equinix from $993.00 to $995.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Barclays increased their price objective on shares of Equinix from $798.00 to $804.00 and gave the company an “equal weight” rating in a report on Wednesday, August 20th. Cowen reiterated a “buy” rating on shares of Equinix in a research report on Thursday, October 30th. Wall Street Zen raised Equinix from a “sell” rating to a “hold” rating in a report on Saturday. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $1,200.00 price objective on shares of Equinix in a research note on Tuesday, July 22nd. Five analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Equinix presently has an average rating of “Buy” and a consensus target price of $960.76.

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.