Intech Investment Management LLC Sells 54,335 Shares of Equinix, Inc. $EQIX

Posted by Stanley Muller on May 29th, 2026

Intech Investment Management LLC reduced its position in shares of Equinix, Inc. (NASDAQ:EQIX – Free Report) by 69.6% in the fourth quarter, Holdings Channel reports. The fund owned 23,756 shares of the financial services provider’s stock after selling 54,335 shares during the quarter. Intech Investment Management LLC’s holdings in Equinix were worth $18,201,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Ameriflex Group Inc. lifted its position in Equinix by 433.3% during the third quarter. Ameriflex Group Inc. now owns 32 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 26 shares during the last quarter. Princeton Global Asset Management LLC lifted its holdings in shares of Equinix by 200.0% in the 4th quarter. Princeton Global Asset Management LLC now owns 42 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 28 shares during the last quarter. WPG Advisers LLC grew its position in Equinix by 51.7% in the fourth quarter. WPG Advisers LLC now owns 44 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 15 shares in the last quarter. Cornerstone Planning Group LLC increased its stake in Equinix by 40.6% during the third quarter. Cornerstone Planning Group LLC now owns 45 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 13 shares during the last quarter. Finally, Activest Wealth Management raised its position in Equinix by 81.5% during the fourth quarter. Activest Wealth Management now owns 49 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 22 shares during the period. Institutional investors own 94.94% of the company’s stock.

Equinix Price Performance

Equinix stock opened at $1,069.44 on Friday. 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 stock has a market cap of $105.47 billion, a price-to-earnings ratio of 74.01, a price-to-earnings-growth ratio of 2.01 and a beta of 1.01. The firm has a 50-day moving average of $1,045.71 and a two-hundred day moving average of $903.10. Equinix, Inc. has a 1 year low of $710.52 and a 1 year high of $1,128.68.

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

Equinix Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, May 20th will be issued a $5.16 dividend. This represents a $20.64 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Wednesday, May 20th. Equinix’s dividend payout ratio is currently 142.84%.

Insiders Place Their Bets

In related news, EVP Raouf Abdel sold 2,040 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $1,083.47, for a total value of $2,210,278.80. Following the completion of the sale, the executive vice president directly owned 5,728 shares of the company’s stock, valued at $6,206,116.16. This represents a 26.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Adaire Fox-Martin sold 1,086 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $966.20, for a total transaction of $1,049,293.20. Following the completion of the sale, the chief executive officer directly owned 19,574 shares of the company’s stock, valued at $18,912,398.80. The trade was a 5.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 13,769 shares of company stock worth $14,191,079. 0.27% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on EQIX shares. Cantor Fitzgerald lifted their target price on Equinix from $1,173.00 to $1,186.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Oppenheimer reiterated an “outperform” rating and set a $1,200.00 price objective on shares of Equinix in a research report on Thursday, April 30th. TD Cowen raised their target price on shares of Equinix from $1,123.00 to $1,143.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Truist Financial set a $1,215.00 price objective on shares of Equinix in a research report on Friday, May 1st. Finally, Wall Street Zen upgraded 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 issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Equinix has a consensus rating of “Moderate Buy” and an average target price of $1,143.60.

View Our Latest Analysis on Equinix

Equinix Company Profile

(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.