Perigon Wealth Management LLC Buys Shares of 13,921 Equinix, Inc. $EQIX

Posted by Stanley Muller on Aug 18th, 2026

Perigon Wealth Management LLC purchased a new position in Equinix, Inc. (NASDAQ:EQIX – Free Report) during the second quarter, HoldingsChannel.com reports. The fund purchased 13,921 shares of the financial services provider’s stock, valued at approximately $14,512,000.

A number of other hedge funds also recently added to or reduced their stakes in EQIX. Norges Bank bought a new position in shares of Equinix during the fourth quarter worth about $984,355,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Equinix by 408.1% in the third 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 purchasing an additional 953,001 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of Equinix during the second quarter valued at approximately $598,815,000. Cohen & Steers Inc. boosted its position in shares of Equinix by 23.3% during the fourth quarter. Cohen & Steers Inc. now owns 2,609,011 shares of the financial services provider’s stock worth $1,998,978,000 after buying an additional 493,141 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Equinix in the 2nd quarter worth approximately $341,737,000. 94.94% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on EQIX shares. Oppenheimer reissued an “outperform” rating and set a $1,200.00 target price on shares of Equinix in a research note on Thursday, April 30th. Scotiabank reaffirmed a “sector perform” rating and set a $1,208.00 target price on shares of Equinix in a report on Thursday, July 30th. TD Cowen boosted their target price on shares of Equinix from $1,143.00 to $1,166.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. UBS Group increased their price target on Equinix from $1,210.00 to $1,265.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, Wall Street Zen upgraded shares of Equinix from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,202.20.

Get Our Latest Stock Report on EQIX

Equinix Stock Performance

NASDAQ:EQIX opened at $1,097.61 on Tuesday. The firm has a 50 day moving average of $1,050.40 and a 200-day moving average of $1,016.68. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $108.30 billion, a P/E ratio of 70.68, a price-to-earnings-growth ratio of 1.56 and a beta of 0.99. Equinix, Inc. has a 1 year low of $720.62 and a 1 year high of $1,128.68.

Equinix (NASDAQ:EQIX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $11.78 EPS for the quarter, topping analysts’ consensus estimates of $4.73 by $7.05. Equinix had a net margin of 15.64% and a return on equity of 10.76%. The firm had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same quarter in the prior year, the firm earned $9.91 EPS. The company’s revenue was up 16.4% on a year-over-year basis. Equinix has set its FY 2026 guidance at 42.690-43.290 EPS. As a group, sell-side analysts anticipate that Equinix, Inc. will post 38.23 EPS for the current fiscal year.

Equinix Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, August 19th will be paid 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, August 19th. Equinix’s dividend payout ratio is 132.90%.

Insider Activity

In related news, insider Brandi Galvin Morandi sold 3,726 shares of Equinix stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $1,076.36, for a total value of $4,010,517.36. Following the completion of the sale, the insider directly owned 6,132 shares in the company, valued at $6,600,239.52. This trade represents a 37.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Christopher B. Paisley sold 4,000 shares of Equinix stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $1,019.28, for a total transaction of $4,077,120.00. Following the sale, the director owned 13,859 shares of the company’s stock, valued at approximately $14,126,201.52. This represents a 22.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 9,766 shares of company stock valued at $10,297,916 over the last 90 days. 0.27% of the stock is owned by company insiders.

Equinix 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.