CVA Family Office LLC Purchases 13 Shares of Equinix, Inc. $EQIX

CVA Family Office LLC grew its position in Equinix, Inc. (NASDAQ:EQIX) by 10.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 132 shares of the financial services provider’s stock after purchasing an additional 13 shares during the quarter. CVA Family Office LLC’s holdings in Equinix were worth $105,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC lifted its stake 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 valued at $307,000 after purchasing an additional 73 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Equinix by 4.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 5,599 shares of the financial services provider’s stock worth $4,565,000 after buying an additional 249 shares in the last quarter. Moran Wealth Management LLC grew its position in shares of Equinix by 13.7% during the 1st quarter. Moran Wealth Management LLC now owns 265 shares of the financial services provider’s stock worth $216,000 after buying an additional 32 shares during the period. Golden State Wealth Management LLC increased its stake in shares of Equinix by 7,450.0% in the 1st quarter. Golden State Wealth Management LLC now owns 151 shares of the financial services provider’s stock valued at $123,000 after acquiring an additional 149 shares in the last quarter. Finally, Perigon Wealth Management LLC lifted its position in shares of Equinix by 3.3% during the 1st quarter. Perigon Wealth Management LLC now owns 1,090 shares of the financial services provider’s stock valued at $888,000 after acquiring an additional 35 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.

Insider Activity

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 directly owned 17,832 shares in the company, valued at approximately $13,935,708. This represents a 0.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Raouf Abdel sold 404 shares of Equinix stock in a transaction that occurred 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 transaction, the executive vice president owned 6,378 shares of the company’s stock, valued at $4,918,139.58. This represents a 5.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.27% of the stock is owned by corporate insiders.

Equinix Stock Performance

Shares of EQIX opened at $839.49 on Friday. The stock has a 50 day moving average of $791.39 and a 200 day moving average of $814.98. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29. Equinix, Inc. has a 12 month low of $701.41 and a 12 month high of $994.03. The company has a market capitalization of $82.15 billion, a price-to-earnings ratio of 82.22, a PEG ratio of 1.45 and a beta of 0.92.

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

Equinix Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th were paid a dividend of $4.69 per share. The ex-dividend date was Wednesday, August 20th. This represents a $18.76 annualized dividend and a dividend yield of 2.2%. Equinix’s dividend payout ratio is presently 183.74%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Barclays lifted their price target on shares of Equinix from $798.00 to $804.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 20th. Wall Street Zen cut Equinix from a “hold” rating to a “sell” rating in a research note on Saturday, October 11th. The Goldman Sachs Group cut their target price on Equinix from $1,020.00 to $880.00 and set a “buy” rating on the stock in a report on Wednesday, July 2nd. Cowen reaffirmed a “buy” rating on shares of Equinix in a research note on Thursday, July 3rd. Finally, Zacks Research raised shares of Equinix from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Five research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Equinix has an average rating of “Buy” and an average target price of $957.38.

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.