Invera Wealth Advisors LLC bought a new stake in shares of Equinix, Inc. (NASDAQ:EQIX – Free Report) in the third quarter, HoldingsChannel reports. The institutional investor bought 550 shares of the financial services provider’s stock, valued at approximately $556,000.
Other institutional investors also recently bought and sold shares of the company. MGO One Seven LLC grew its stake in shares of Equinix by 11.5% during the 3rd quarter. MGO One Seven LLC now owns 4,549 shares of the financial services provider’s stock valued at $4,602,000 after acquiring an additional 469 shares during the period. Soltis Investment Advisors LLC lifted its holdings in shares of Equinix by 6.0% in the third quarter. Soltis Investment Advisors LLC now owns 729 shares of the financial services provider’s stock worth $737,000 after buying an additional 41 shares in the last quarter. Choreo LLC lifted its holdings in shares of Equinix by 3.6% in the third quarter. Choreo LLC now owns 2,108 shares of the financial services provider’s stock worth $2,132,000 after buying an additional 73 shares in the last quarter. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd boosted its position in shares of Equinix by 1.3% during the third quarter. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd now owns 4,021 shares of the financial services provider’s stock worth $4,068,000 after acquiring an additional 50 shares during the last quarter. Finally, North Dakota State Investment Board boosted its position in shares of Equinix by 3.8% during the third quarter. North Dakota State Investment Board now owns 3,017 shares of the financial services provider’s stock worth $3,052,000 after acquiring an additional 111 shares during the last quarter. 94.94% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on EQIX. Guggenheim reiterated a “buy” rating and issued a $1,235.00 price target on shares of Equinix in a report on Tuesday, October 20th. Raymond James Financial reissued a “strong-buy” rating and set a $1,250.00 price objective on shares of Equinix in a research note on Thursday. Scotiabank restated a “sector perform” rating and set a $1,208.00 target price on shares of Equinix in a research report on Thursday, July 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $1,211.00 target price on shares of Equinix in a research report on Thursday. Finally, The Goldman Sachs Group lifted their price objective on shares of Equinix from $1,015.00 to $1,060.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,226.97.
Get Our Latest Stock Report on EQIX
Equinix Trading Down 2.2%
Shares of NASDAQ:EQIX opened at $1,013.70 on Friday. The stock has a market cap of $100.02 billion, a price-to-earnings ratio of 60.88, a PEG ratio of 1.45 and a beta of 0.98. The business has a 50-day moving average price of $1,022.27 and a 200-day moving average price of $1,007.90. Equinix, Inc. has a 52-week low of $720.62 and a 52-week high of $1,128.68. The company has a quick ratio of 1.13, a current ratio of 1.29 and a debt-to-equity ratio of 1.59.
Equinix (NASDAQ:EQIX – Get Free Report) last posted its earnings results on Wednesday, October 28th. The financial services provider reported $4.93 EPS for the quarter, topping the consensus estimate of $4.11 by $0.82. The firm had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.56 billion. Equinix had a return on equity of 11.49% and a net margin of 16.38%. Equinix’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period last year, the company earned $9.83 earnings per share. Equities analysts predict that Equinix, Inc. will post 38.23 EPS for the current year.
Equinix Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, November 18th will be paid a $5.16 dividend. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $20.64 dividend on an annualized basis and a yield of 2.0%. Equinix’s dividend payout ratio (DPR) is currently 123.96%.
Insider Activity at Equinix
In related news, insider Michael Paladin sold 307 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $1,035.01, for a total transaction of $317,748.07. Following the completion of the transaction, the insider owned 2,450 shares in the company, valued at $2,535,774.50. This represents a 11.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Christopher B. Paisley sold 125 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $1,103.58, for a total transaction of $137,947.50. Following the completion of the transaction, the director directly owned 13,734 shares in the company, valued at $15,156,567.72. This represents a 0.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 4,770 shares of company stock valued at $4,884,197. 0.27% of the stock is owned by company insiders.
More Equinix News
Here are the key news stories impacting Equinix this week:
- Positive Sentiment: Equinix reported third-quarter 2026 FFO of $11.64 per share, well above the $10.51 consensus estimate and up from $9.83 a year earlier. Record bookings, strong pricing and robust demand supported revenue growth. Equinix Surpasses Q3 FFO and Revenue Estimates
- Positive Sentiment: Management raised its 2026 outlook for the third consecutive quarter, now projecting EPS of $43.71–$44.11 versus a $38.23 consensus estimate and revenue of $10.3–$10.4 billion. Fourth-quarter revenue guidance of $2.7 billion also exceeded the $2.6 billion consensus. Equinix Q3 AFFO, Revenue Rise; Issues Q4 Guidance; Lifts 2026 Outlook
- Positive Sentiment: Analysts raised their targets following the results: JPMorgan to $1,350 with an Overweight rating, Citigroup to $1,320 with a Buy rating, and TD Cowen to $1,210 with a Buy rating. Bernstein maintained its Buy rating and $1,270 target, while Cantor Fitzgerald reaffirmed Overweight.
- Positive Sentiment: Equinix declared a quarterly dividend of $5.16 per share, or $20.64 annualized, representing an approximately 2% yield for income-oriented investors.
- Neutral Sentiment: Barclays maintained a Hold rating, providing a more cautious counterpoint to the recent target increases. Equinix’s elevated valuation—about 61 times earnings—may also limit near-term upside even as fundamentals improve. Barclays Sticks to Its Hold Rating for Equinix
Equinix Company Profile
Equinix, Inc is a global digital infrastructure company that operates data centers where businesses, cloud providers, telecommunications carriers and other organizations can securely house and connect their information technology systems. Its International Business Exchange (IBX) data centers provide colocation services, allowing customers to place equipment in highly connected facilities without building and operating their own sites.
The company also provides interconnection and networking services, including Equinix Fabric, which enables customers to establish virtual connections among data centers, cloud platforms, networks and business partners.
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