Stephens Inc. AR Sells 15 Shares of Equinix, Inc. $EQIX

Stephens Inc. AR decreased its stake in Equinix, Inc. (NASDAQ:EQIX) by 0.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,862 shares of the financial services provider’s stock after selling 15 shares during the period. Stephens Inc. AR’s holdings in Equinix were worth $1,481,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Activest Wealth Management raised its position in Equinix by 121.4% in the first quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 17 shares during the period. Atticus Wealth Management LLC bought a new stake in Equinix in the second quarter worth about $29,000. GKV Capital Management Co. Inc. bought a new stake in Equinix in the first quarter worth about $30,000. Saudi Central Bank bought a new stake in Equinix in the first quarter worth about $31,000. Finally, Quarry LP bought a new stake in Equinix in the first quarter worth about $31,000. Institutional investors own 94.94% of the company’s stock.

Equinix Stock Performance

Equinix stock opened at $831.93 on Friday. The firm’s 50 day simple moving average is $790.22 and its 200 day simple moving average is $813.77. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $81.41 billion, a PE ratio of 81.48, a price-to-earnings-growth ratio of 1.43 and a beta of 0.92. Equinix, Inc. has a 1-year low of $701.41 and a 1-year high of $994.03.

Equinix (NASDAQ:EQIX) last posted its earnings results on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share for the quarter, topping analysts’ consensus estimates of $3.49 by $6.42. The business had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.26 billion. Equinix had a net margin of 11.11% and a return on equity of 7.22%. Equinix’s revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $9.22 EPS. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. As a group, analysts expect that Equinix, Inc. will post 33.1 earnings per share for the current fiscal year.

Equinix Announces Dividend

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

Insider Buying and Selling

In related news, Director Christopher B. Paisley sold 75 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $781.50, for a total transaction of $58,612.50. Following the sale, the director owned 17,832 shares of the company’s stock, valued at approximately $13,935,708. This represents a 0.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Raouf Abdel sold 404 shares of the company’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total transaction of $311,528.44. Following the sale, the executive vice president directly owned 6,378 shares in the company, valued at $4,918,139.58. This trade represents a 5.96% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.27% of the company’s stock.

Wall Street Analysts Forecast Growth

EQIX has been the topic of several research reports. BMO Capital Markets lowered shares of Equinix from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $1,045.00 to $850.00 in a research report on Thursday, June 26th. Truist Financial boosted their price target on shares of Equinix from $904.00 to $961.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. JPMorgan Chase & Co. boosted their price target on shares of Equinix from $935.00 to $940.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Wells Fargo & Company lowered their price target on shares of Equinix from $1,065.00 to $925.00 and set an “overweight” rating on the stock in a research report on Thursday, June 26th. Finally, Dbs Bank raised shares of Equinix to a “moderate buy” rating in a research report on Wednesday, August 6th. Five research 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. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $957.38.

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.