CIBC Asset Management Inc Has $17.70 Million Stock Position in Equinix, Inc. $EQIX

Posted by Brenda Bartman on Jun 5th, 2026

CIBC Asset Management Inc lifted its position in shares of Equinix, Inc. (NASDAQ:EQIX – Free Report) by 71.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 23,102 shares of the financial services provider’s stock after purchasing an additional 9,643 shares during the quarter. CIBC Asset Management Inc’s holdings in Equinix were worth $17,700,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Norges Bank bought a new position in shares of Equinix in the fourth quarter valued at about $984,355,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Equinix by 408.1% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,186,497 shares of the financial services provider’s stock valued at $929,312,000 after acquiring an additional 953,001 shares in the last quarter. SG Americas Securities LLC increased its position in Equinix by 377,167.4% in the 4th quarter. SG Americas Securities LLC now owns 716,808 shares of the financial services provider’s stock valued at $549,190,000 after acquiring an additional 716,618 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Equinix by 25.8% in the third quarter. JPMorgan Chase & Co. now owns 2,875,355 shares of the financial services provider’s stock worth $2,252,094,000 after acquiring an additional 588,967 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Equinix by 1.2% in the third quarter. Vanguard Group Inc. now owns 13,291,679 shares of the financial services provider’s stock worth $10,410,575,000 after acquiring an additional 162,638 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, insider Brandi Galvin Morandi sold 424 shares of Equinix stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $1,020.00, for a total transaction of $432,480.00. Following the transaction, the insider owned 9,970 shares of the company’s stock, valued at $10,169,400. This trade represents a 4.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Charles J. Meyers sold 5,224 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $1,085.23, for a total transaction of $5,669,241.52. Following the transaction, the chairman owned 7,370 shares of the company’s stock, valued at approximately $7,998,145.10. This represents a 41.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 11,053 shares of company stock worth $11,569,731 over the last ninety days. Company insiders own 0.27% of the company’s stock.

Equinix Stock Performance

Shares of Equinix stock opened at $1,089.15 on Friday. The firm has a fifty day moving average of $1,056.06 and a two-hundred day moving average of $912.41. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a market capitalization of $107.41 billion, a price-to-earnings ratio of 75.37, a PEG ratio of 2.03 and a beta of 0.99. Equinix, Inc. has a 52 week low of $710.52 and a 52 week 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 (EPS) for the quarter, topping the consensus estimate of $4.30 by $6.49. Equinix had a return on equity of 10.03% and a net margin of 15.07%.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 earned $9.67 EPS. The firm’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. As a group, equities research analysts predict that Equinix, Inc. will post 37.72 EPS for the current year.

Equinix Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Oppenheimer reissued an “outperform” rating and set a $1,200.00 price target on shares of Equinix in a research note on Thursday, April 30th. UBS Group upped their price objective on Equinix from $950.00 to $1,010.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Jefferies Financial Group increased their price objective on Equinix from $950.00 to $1,000.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Wells Fargo & Company lifted their target price on Equinix from $975.00 to $1,200.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Finally, Truist Financial set a $1,215.00 price target on Equinix in a research note on Friday, May 1st. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,143.60.

Read Our Latest Report on EQIX

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.