Raouf Abdel Sells 2,040 Shares of Equinix (NASDAQ:EQIX) Stock

Posted by Francis Steltz on May 28th, 2026

Equinix, Inc. (NASDAQ:EQIX – Get Free Report) EVP Raouf Abdel sold 2,040 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $1,083.47, for a total transaction of $2,210,278.80. Following the completion of the transaction, the executive vice president directly owned 5,728 shares in the company, valued at $6,206,116.16. This trade represents a 26.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Raouf Abdel also recently made the following trade(s):

On Thursday, March 12th, Raouf Abdel sold 584 shares of Equinix stock. The stock was sold at an average price of $965.69, for a total transaction of $563,962.96.

Equinix Trading Down 0.7%

EQIX opened at $1,070.22 on Thursday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.18 and a quick ratio of 1.18. The company’s 50 day simple moving average is $1,043.86 and its two-hundred day simple moving average is $901.37. Equinix, Inc. has a 1-year low of $710.52 and a 1-year high of $1,128.68. The firm has a market capitalization of $105.55 billion, a price-to-earnings ratio of 74.06, a price-to-earnings-growth ratio of 2.03 and a beta of 1.01.

Equinix (NASDAQ:EQIX – Get Free Report) last released its earnings results on Wednesday, April 29th. The financial services provider reported $10.79 earnings per share for the quarter, topping analysts’ consensus estimates of $4.30 by $6.49. Equinix had a net margin of 15.07% and a return on equity of 10.03%. The business had revenue of $2.44 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period last year, the company posted $9.67 EPS. The business’s revenue was up 9.8% on a year-over-year basis. Equinix has set its FY 2026 guidance at 42.310-43.110 EPS. Analysts expect that Equinix, Inc. will post 37.72 EPS for the current fiscal year.

Equinix Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, May 20th will be given a dividend of $5.16 per share. This represents a $20.64 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Wednesday, May 20th. Equinix’s payout ratio is presently 142.84%.

Wall Street Analyst Weigh In

EQIX has been the topic of several analyst reports. BMO Capital Markets lifted their price target on shares of Equinix from $925.00 to $1,050.00 and gave the company an “outperform” rating in a research report on Thursday, February 12th. Mizuho lifted their price target on shares of Equinix from $1,165.00 to $1,200.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $1,207.00 price target on shares of Equinix in a research report on Tuesday, May 5th. Raymond James Financial raised shares of Equinix from a “market perform” rating to a “strong-buy” rating and set a $1,250.00 price target on the stock in a research report on Thursday, April 30th. Finally, Wall Street Zen raised shares of Equinix from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Three analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,143.60.

Read Our Latest Stock Report on Equinix

Institutional Trading of Equinix

Several institutional investors have recently added to or reduced their stakes in EQIX. Alpine Woods Capital Investors LLC grew its stake in shares of Equinix by 26.0% in the first quarter. Alpine Woods Capital Investors LLC now owns 6,710 shares of the financial services provider’s stock worth $6,577,000 after acquiring an additional 1,385 shares in the last quarter. Glenmede Trust Co. NA grew its stake in shares of Equinix by 2.7% in the first quarter. Glenmede Trust Co. NA now owns 12,999 shares of the financial services provider’s stock worth $12,742,000 after acquiring an additional 339 shares in the last quarter. Groupama Asset Managment grew its stake in shares of Equinix by 3.3% in the first quarter. Groupama Asset Managment now owns 35,007 shares of the financial services provider’s stock worth $34,315,000 after acquiring an additional 1,122 shares in the last quarter. Essential Partners LLC grew its stake in shares of Equinix by 269.0% in the first quarter. Essential Partners LLC now owns 321 shares of the financial services provider’s stock worth $315,000 after acquiring an additional 234 shares in the last quarter. Finally, Groupe la Francaise grew its stake in shares of Equinix by 6.8% in the first quarter. Groupe la Francaise now owns 5,858 shares of the financial services provider’s stock worth $5,742,000 after acquiring an additional 374 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

About Equinix

(Get Free Report)

Equinix, Inc is a global provider of digital infrastructure and interconnection services, specializing in carrier-neutral data centers and colocation. The company operates a platform that enables enterprises, cloud and network service providers, and content companies to colocate IT infrastructure, interconnect directly with partners and providers, and access cloud on-ramps and network services in a secure, low-latency environment.

Equinix’s offerings include traditional colocation space and power, cross-connects and meet-me rooms, and a suite of connectivity and on-demand services designed for hybrid multicloud architectures.