Needham Investment Management LLC Buys 2,850 Shares of Equinix, Inc. $EQIX

Posted by George Bondi on Jun 16th, 2026

Needham Investment Management LLC grew its stake in Equinix, Inc. (NASDAQ:EQIX – Free Report) by 36.1% during the fourth quarter, Holdings Channel reports. The firm owned 10,750 shares of the financial services provider’s stock after purchasing an additional 2,850 shares during the period. Needham Investment Management LLC’s holdings in Equinix were worth $8,236,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its holdings in shares of Equinix by 5.4% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 490 shares of the financial services provider’s stock valued at $375,000 after purchasing an additional 25 shares during the last quarter. USS Investment Management Ltd raised its holdings in shares of Equinix by 4.9% in the fourth quarter. USS Investment Management Ltd now owns 18,061 shares of the financial services provider’s stock valued at $13,833,000 after purchasing an additional 844 shares during the last quarter. Verition Fund Management LLC raised its holdings in shares of Equinix by 0.8% in the fourth quarter. Verition Fund Management LLC now owns 13,740 shares of the financial services provider’s stock valued at $10,527,000 after purchasing an additional 115 shares during the last quarter. MML Investors Services LLC raised its holdings in shares of Equinix by 9.6% in the fourth quarter. MML Investors Services LLC now owns 4,778 shares of the financial services provider’s stock valued at $3,661,000 after purchasing an additional 419 shares during the last quarter. Finally, Mariner LLC raised its holdings in shares of Equinix by 2.0% in the fourth quarter. Mariner LLC now owns 76,016 shares of the financial services provider’s stock valued at $58,246,000 after purchasing an additional 1,527 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.

Equinix Price Performance

Shares of NASDAQ:EQIX opened at $1,064.38 on Tuesday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.39. The firm has a market capitalization of $104.97 billion, a PE ratio of 73.66, a P/E/G ratio of 1.99 and a beta of 0.99. Equinix, Inc. has a twelve month low of $710.52 and a twelve month high of $1,128.68. The company has a 50-day moving average price of $1,067.51 and a two-hundred day moving average price of $926.97.

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, topping analysts’ consensus estimates of $4.30 by $6.49. The firm had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.52 billion. Equinix had a net margin of 15.07% and a return on equity of 10.03%. The company’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the business earned $9.67 earnings per share. Equinix has set its FY 2026 guidance at 42.310-43.110 EPS. Equities analysts forecast that Equinix, Inc. will post 37.72 EPS for the current year.

Equinix Announces Dividend

The firm also recently announced 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. This represents a $20.64 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Wednesday, May 20th. Equinix’s dividend payout ratio (DPR) is currently 142.84%.

Insider Buying and Selling at Equinix

In other Equinix news, insider Brandi Galvin Morandi sold 3,726 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $1,076.36, for a total transaction of $4,010,517.36. Following the completion of the transaction, the insider 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 is available 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 stock in a transaction dated Wednesday, May 6th. The stock was 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 $7,998,145.10. This represents a 41.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 11,539 shares of company stock worth $12,455,054 over the last ninety days. Company insiders own 0.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Sanford C. Bernstein assumed coverage on shares of Equinix in a report on Thursday, March 5th. They issued an “outperform” rating and a $1,128.00 target price for the company. Morgan Stanley increased their target price on shares of Equinix from $1,075.00 to $1,250.00 and gave the company an “overweight” rating in a report on Monday, April 13th. JPMorgan Chase & Co. increased their target price on shares of Equinix from $1,100.00 to $1,200.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. TD Cowen increased their target price on shares of Equinix from $1,123.00 to $1,143.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $1,207.00 target price on shares of Equinix in a report on Tuesday, May 5th. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,143.60.

Check Out Our Latest Report on Equinix

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.