Motley Fool Wealth Management LLC Reduces Stock Holdings in Equinix, Inc. $EQIX

Motley Fool Wealth Management LLC lowered its position in Equinix, Inc. (NASDAQ:EQIX) by 12.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,592 shares of the financial services provider’s stock after selling 4,896 shares during the quarter. Equinix comprises about 1.7% of Motley Fool Wealth Management LLC’s holdings, making the stock its 13th biggest holding. Motley Fool Wealth Management LLC’s holdings in Equinix were worth $27,517,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of EQIX. Valeo Financial Advisors LLC boosted its stake in Equinix by 298,148.6% during the second quarter. Valeo Financial Advisors LLC now owns 8,157,100 shares of the financial services provider’s stock worth $6,488,728,000 after buying an additional 8,154,365 shares during the period. Nuveen LLC purchased a new position in Equinix during the first quarter worth about $662,663,000. JPMorgan Chase & Co. lifted its position in shares of Equinix by 22.5% during the first quarter. JPMorgan Chase & Co. now owns 1,590,568 shares of the financial services provider’s stock worth $1,296,871,000 after purchasing an additional 291,753 shares in the last quarter. National Bank of Canada FI boosted its stake in shares of Equinix by 169.7% in the first quarter. National Bank of Canada FI now owns 394,223 shares of the financial services provider’s stock valued at $321,427,000 after purchasing an additional 248,075 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Equinix by 1.9% in the first quarter. Vanguard Group Inc. now owns 12,906,820 shares of the financial services provider’s stock valued at $10,523,576,000 after purchasing an additional 242,121 shares during the period. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Insiders Place Their Bets

In other news, Director Christopher B. Paisley sold 75 shares of Equinix stock in a transaction on 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 transaction, the executive vice president owned 6,378 shares in the company, valued at approximately $4,918,139.58. This trade represents a 5.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.27% of the company’s stock.

Equinix Stock Up 0.4%

EQIX stock opened at $842.77 on Tuesday. 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 twelve month low of $701.41 and a twelve month high of $994.03. The company’s 50 day moving average is $792.85 and its two-hundred day moving average is $815.42. The stock has a market cap of $82.47 billion, a P/E ratio of 82.54, a PEG ratio of 1.45 and a beta of 0.92.

Equinix (NASDAQ:EQIX) last released its quarterly earnings data 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. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The company had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter last year, the company earned $9.22 earnings per share. 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. Research analysts expect that Equinix, Inc. will post 33.1 earnings per share for the current fiscal year.

Equinix Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Cowen reissued a “buy” rating on shares of Equinix in a research note on Thursday, July 3rd. UBS Group lowered their price objective on shares of Equinix from $1,035.00 to $950.00 and set a “buy” rating for the company in a research note on Friday, July 11th. Cfra Research cut shares of Equinix from a “moderate buy” rating to a “hold” rating in a report on Thursday, July 31st. Guggenheim began coverage on shares of Equinix in a report on Thursday, July 10th. They issued a “buy” rating and a $933.00 target price on the stock. Finally, Dbs Bank raised shares of Equinix to a “moderate buy” rating in a report on Wednesday, August 6th. Five analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $957.38.

About Equinix

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.