Erste Asset Management GmbH Trims Stake in Equinix, Inc. $EQIX

Posted by Brian Himes on Jun 9th, 2026

Erste Asset Management GmbH trimmed its holdings in shares of Equinix, Inc. (NASDAQ:EQIX – Free Report) by 40.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 23,513 shares of the financial services provider’s stock after selling 15,825 shares during the period. Erste Asset Management GmbH’s holdings in Equinix were worth $17,961,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Cary Street Partners Investment Advisory LLC grew its position in Equinix by 2.7% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 498 shares of the financial services provider’s stock worth $382,000 after buying an additional 13 shares in the last quarter. IFP Advisors Inc grew its position in Equinix by 2.2% during the fourth quarter. IFP Advisors Inc now owns 595 shares of the financial services provider’s stock worth $456,000 after buying an additional 13 shares in the last quarter. Crestwood Advisors Group LLC grew its position in Equinix by 3.7% during the fourth quarter. Crestwood Advisors Group LLC now owns 397 shares of the financial services provider’s stock worth $304,000 after buying an additional 14 shares in the last quarter. Warwick Investment Management Inc. grew its position in Equinix by 1.7% during the fourth quarter. Warwick Investment Management Inc. now owns 922 shares of the financial services provider’s stock worth $706,000 after buying an additional 15 shares in the last quarter. Finally, WPG Advisers LLC grew its position in Equinix by 51.7% during the fourth quarter. WPG Advisers LLC now owns 44 shares of the financial services provider’s stock worth $34,000 after buying an additional 15 shares in the last quarter. 94.94% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on EQIX shares. Raymond James Financial upgraded Equinix from a “market perform” rating to a “strong-buy” rating and set a $1,250.00 target price for the company in a research report on Thursday, April 30th. JPMorgan Chase & Co. upped their price objective on Equinix from $1,100.00 to $1,200.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Stifel Nicolaus set a $1,075.00 price objective on Equinix in a report on Thursday, February 12th. Barclays upped their price objective on Equinix from $1,020.00 to $1,109.00 and gave the stock an “equal weight” rating in a report on Thursday, April 16th. Finally, Wells Fargo & Company upped their price objective on Equinix from $975.00 to $1,200.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Equinix presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,143.60.

View Our Latest Stock Report on Equinix

Equinix Trading Down 1.7%

Shares of EQIX stock opened at $1,062.74 on Tuesday. The stock has a market capitalization of $104.81 billion, a PE ratio of 73.55, a P/E/G ratio of 2.03 and a beta of 0.99. Equinix, Inc. has a 1-year low of $710.52 and a 1-year high of $1,128.68. The business has a 50-day moving average of $1,060.35 and a 200 day moving average of $916.55. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.18 and a quick ratio of 1.18.

Equinix (NASDAQ:EQIX – Get Free Report) last issued its 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 company had revenue of $2.44 billion during the quarter, compared to analysts’ expectations of $2.52 billion. Equinix had a return on equity of 10.03% and a net margin of 15.07%.Equinix’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the business posted $9.67 EPS. Equinix has set its FY 2026 guidance at 42.310-43.110 EPS. As a group, sell-side analysts anticipate that Equinix, Inc. will post 37.72 earnings per share for the current year.

Equinix Dividend Announcement

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

Insider Buying and Selling at Equinix

In other Equinix news, EVP Raouf Abdel sold 2,040 shares of the company’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 owned 5,728 shares of the company’s stock, valued at $6,206,116.16. This represents a 26.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 shares were sold at an average price of $966.20, for a total value of $1,049,293.20. Following the transaction, 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. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 14,779 shares of company stock worth $15,580,249 over the last three months. 0.27% of the stock is owned by corporate insiders.

About Equinix

(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.