FLC Capital Advisors Invests $302,000 in Equinix, Inc. $EQIX

FLC Capital Advisors acquired a new position in shares of Equinix, Inc. (NASDAQ:EQIX) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 380 shares of the financial services provider’s stock, valued at approximately $302,000.

Several other large investors also recently modified their holdings of EQIX. Brighton Jones LLC lifted its holdings in shares of Equinix by 28.9% in the 4th quarter. Brighton Jones LLC now owns 326 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 73 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Equinix by 7.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,557 shares of the financial services provider’s stock worth $3,715,000 after purchasing an additional 329 shares in the last quarter. Exchange Traded Concepts LLC lifted its holdings in shares of Equinix by 38.2% in the 1st quarter. Exchange Traded Concepts LLC now owns 467 shares of the financial services provider’s stock worth $381,000 after purchasing an additional 129 shares in the last quarter. CWA Asset Management Group LLC lifted its stake in Equinix by 72.0% during the 1st quarter. CWA Asset Management Group LLC now owns 399 shares of the financial services provider’s stock valued at $325,000 after acquiring an additional 167 shares in the last quarter. Finally, Heartland Bank & Trust Co lifted its stake in Equinix by 10.1% during the 1st quarter. Heartland Bank & Trust Co now owns 350 shares of the financial services provider’s stock valued at $285,000 after acquiring an additional 32 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Equinix Trading Up 0.1%

Shares of EQIX opened at $813.93 on Monday. The business has a 50-day moving average of $786.53 and a 200 day moving average of $812.61. Equinix, Inc. has a fifty-two week low of $701.41 and a fifty-two week high of $994.03. The firm has a market cap of $79.65 billion, a P/E ratio of 79.72, a price-to-earnings-growth ratio of 1.41 and a beta of 0.92. 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 (NASDAQ:EQIX) last announced its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $2.26 billion. During the same quarter last year, the firm posted $9.22 EPS. 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. As a group, research analysts forecast that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, August 20th were issued a $4.69 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $18.76 annualized dividend and a yield of 2.3%. Equinix’s dividend payout ratio (DPR) is 183.74%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Mizuho dropped their price objective on Equinix from $1,069.00 to $900.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 1st. UBS Group dropped their price objective on Equinix from $1,035.00 to $950.00 and set a “buy” rating on the stock in a research note on Friday, July 11th. The Goldman Sachs Group dropped their price objective on Equinix from $1,020.00 to $880.00 and set a “buy” rating on the stock in a research note on Wednesday, July 2nd. Dbs Bank upgraded Equinix to a “moderate buy” rating in a research note on Wednesday, August 6th. Finally, Wall Street Zen cut Equinix from a “hold” rating to a “sell” rating in a research note on Saturday, October 11th. Five analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $960.14.

Insider Activity

In related news, EVP Raouf Abdel sold 404 shares of Equinix stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total value 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 approximately $4,918,139.58. This trade represents a 5.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Christopher B. Paisley sold 75 shares of Equinix stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $781.50, for a total value of $58,612.50. Following the transaction, the director directly owned 17,832 shares of the company’s stock, valued at $13,935,708. The trade was a 0.42% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.27% of the company’s stock.

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.