Equinix, Inc. $EQIX Shares Bought by Freemont Management S.A.

Freemont Management S.A. boosted its holdings in shares of Equinix, Inc. (NASDAQ:EQIX) by 42.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,000 shares of the financial services provider’s stock after buying an additional 300 shares during the quarter. Freemont Management S.A.’s holdings in Equinix were worth $795,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of EQIX. Cornerstone Planning Group LLC raised its holdings in shares of Equinix by 40.0% during the first quarter. Cornerstone Planning Group LLC now owns 42 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 12 shares during the last quarter. Signaturefd LLC boosted its holdings in Equinix by 0.8% in the first quarter. Signaturefd LLC now owns 1,450 shares of the financial services provider’s stock valued at $1,182,000 after purchasing an additional 12 shares during the last quarter. AE Wealth Management LLC grew its position in Equinix by 5.1% during the 1st quarter. AE Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $202,000 after purchasing an additional 12 shares during the period. Gitterman Wealth Management LLC raised its stake in shares of Equinix by 5.0% during the 1st quarter. Gitterman Wealth Management LLC now owns 250 shares of the financial services provider’s stock valued at $206,000 after buying an additional 12 shares during the last quarter. Finally, Quent Capital LLC raised its stake in shares of Equinix by 4.8% during the 2nd quarter. Quent Capital LLC now owns 286 shares of the financial services provider’s stock valued at $228,000 after buying an additional 13 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Christopher B. Paisley sold 75 shares of the 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 completion of the transaction, the director owned 17,832 shares of the company’s stock, valued at approximately $13,935,708. This trade represents a 0.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Brandi Galvin Morandi sold 100 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $840.47, for a total value of $84,047.00. Following the completion of the sale, the insider directly owned 8,277 shares in the company, valued at approximately $6,956,570.19. The trade was a 1.19% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 579 shares of company stock valued at $454,188 over the last 90 days. 0.27% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

EQIX has been the topic of several analyst reports. Zacks Research raised Equinix from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Truist Financial raised their price objective on shares of Equinix from $904.00 to $961.00 and gave the stock a “buy” rating in a research note on Thursday, August 7th. JPMorgan Chase & Co. lifted their target price on shares of Equinix from $940.00 to $950.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. TD Cowen raised their target price on Equinix from $993.00 to $995.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, Cfra Research cut Equinix from a “moderate buy” rating to a “hold” rating in a report on Thursday, July 31st. Five equities 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. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $960.76.

Equinix Trading Up 0.7%

EQIX opened at $824.75 on Friday. The stock has a market capitalization of $80.98 billion, a PE ratio of 75.53, a P/E/G ratio of 1.38 and a beta of 0.92. 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 business’s 50 day moving average price is $800.57 and its 200 day moving average price is $817.88.

Equinix (NASDAQ:EQIX) last posted its earnings results on Wednesday, October 29th. The financial services provider reported $9.83 EPS for the quarter, beating analysts’ consensus estimates of $9.27 by $0.56. Equinix had a return on equity of 7.74% and a net margin of 11.82%.The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.33 billion. During the same quarter in the previous year, the business earned $9.05 earnings per share. The company’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. As a group, equities research analysts expect that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 19th will be given a $4.69 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $18.76 dividend on an annualized basis and a yield of 2.3%. Equinix’s dividend payout ratio is presently 171.79%.

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.