Equinix, Inc. $EQIX Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. decreased its holdings in Equinix, Inc. (NASDAQ:EQIX) by 20.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,503 shares of the financial services provider’s stock after selling 396 shares during the quarter. Bessemer Group Inc.’s holdings in Equinix were worth $1,196,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of EQIX. Brighton Jones LLC raised its holdings in 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 during the period. Checchi Capital Advisers LLC raised its holdings in Equinix by 23.7% in the 1st quarter. Checchi Capital Advisers LLC now owns 1,514 shares of the financial services provider’s stock worth $1,234,000 after purchasing an additional 290 shares during the period. Calamos Advisors LLC lifted its stake in Equinix by 1.1% in the 1st quarter. Calamos Advisors LLC now owns 13,386 shares of the financial services provider’s stock valued at $10,914,000 after buying an additional 149 shares in the last quarter. GF Fund Management CO. LTD. lifted its stake in Equinix by 6.0% in the 1st quarter. GF Fund Management CO. LTD. now owns 1,828 shares of the financial services provider’s stock valued at $1,490,000 after buying an additional 103 shares in the last quarter. Finally, IFM Investors Pty Ltd lifted its stake in Equinix by 3.4% in the 1st quarter. IFM Investors Pty Ltd now owns 42,427 shares of the financial services provider’s stock valued at $37,659,000 after buying an additional 1,380 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on EQIX. JPMorgan Chase & Co. raised their price target on shares of Equinix from $940.00 to $950.00 and gave the company an “overweight” rating in a research note on Thursday. Wall Street Zen lowered shares of Equinix from a “hold” rating to a “sell” rating in a research note on Saturday, October 11th. Guggenheim began coverage on shares of Equinix in a research note on Thursday, July 10th. They issued a “buy” rating and a $933.00 price target on the stock. Daiwa Capital Markets set a $917.00 price target on shares of Equinix and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Finally, Morgan Stanley began coverage on shares of Equinix in a research note on Thursday, October 16th. They issued an “overweight” rating and a $950.00 price target on the stock. Five equities research 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $960.76.

Equinix Price Performance

NASDAQ:EQIX opened at $846.01 on Friday. Equinix, Inc. has a one year low of $701.41 and a one year high of $994.03. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.54 and a current ratio of 1.54. The stock has a market cap of $82.79 billion, a PE ratio of 77.47, a P/E/G ratio of 1.38 and a beta of 0.92. The stock has a 50 day moving average price of $796.54 and a 200 day moving average price of $816.43.

Equinix (NASDAQ:EQIX) last posted its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $9.83 EPS for the quarter, beating the consensus estimate of $9.27 by $0.56. Equinix had a return on equity of 7.74% and a net margin of 11.82%.The firm had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.33 billion. During the same quarter last year, the firm earned $9.05 earnings per share. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. Equinix has set its Q4 2025 guidance at EPS. FY 2025 guidance at 37.950-38.77 EPS. Equities research analysts expect that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 19th will be given a dividend of $4.69 per share. This represents a $18.76 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, November 19th. Equinix’s payout ratio is presently 183.74%.

Insider Activity at Equinix

In other news, 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 sale, the executive vice president owned 6,378 shares of the company’s stock, valued at approximately $4,918,139.58. The trade was a 5.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Christopher B. Paisley sold 75 shares of Equinix 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. The trade was a 0.42% decrease in their position. The SEC filing for this sale provides additional information. 0.27% of the stock is currently owned by insiders.

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.