Equinix, Inc. $EQIX Shares Acquired by Parallel Advisors LLC

Parallel Advisors LLC lifted its position in Equinix, Inc. (NASDAQ:EQIX) by 23.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 892 shares of the financial services provider’s stock after purchasing an additional 171 shares during the period. Parallel Advisors LLC’s holdings in Equinix were worth $710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in EQIX. Brighton Jones LLC lifted its stake in shares of Equinix by 28.9% in the 4th quarter. Brighton Jones LLC now owns 326 shares of the financial services provider’s stock valued at $307,000 after purchasing an additional 73 shares during the period. Bank Pictet & Cie Europe AG acquired a new position in shares of Equinix in the 4th quarter valued at $2,027,000. DigitalBridge Group Inc. lifted its stake in shares of Equinix by 8.4% in the 4th quarter. DigitalBridge Group Inc. now owns 197,696 shares of the financial services provider’s stock valued at $186,406,000 after purchasing an additional 15,344 shares during the period. Silvercrest Asset Management Group LLC acquired a new position in shares of Equinix in the 4th quarter valued at $207,000. Finally, Two Sigma Investments LP acquired a new position in shares of Equinix in the 4th quarter valued at $16,450,000. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on EQIX shares. Scotiabank decreased their target price on shares of Equinix from $1,030.00 to $965.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 26th. UBS Group reduced their price objective on shares of Equinix from $1,035.00 to $950.00 and set a “buy” rating for the company in a research report on Friday, July 11th. Cfra Research cut shares of Equinix from a “moderate buy” rating to a “hold” rating in a research report on Thursday, July 31st. Cowen restated a “buy” rating on shares of Equinix in a research report on Thursday, July 3rd. Finally, Truist Financial upped their price objective on shares of Equinix from $904.00 to $961.00 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Five analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $962.52.

Insiders Place Their Bets

In other news, EVP Raouf Abdel sold 404 shares of Equinix stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total value of $311,528.44. Following the transaction, the executive vice president directly owned 6,378 shares of the company’s stock, valued at $4,918,139.58. The trade was a 5.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Christopher B. Paisley sold 75 shares of the business’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $781.50, for a total transaction of $58,612.50. Following the completion of the transaction, the director directly owned 17,832 shares in the company, valued at $13,935,708. This represents a 0.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.27% of the company’s stock.

Equinix Stock Up 0.8%

Shares of NASDAQ:EQIX opened at $785.30 on Friday. The firm has a 50 day simple moving average of $780.72 and a 200-day simple moving average of $820.06. The company has a market capitalization of $76.85 billion, a PE ratio of 76.91, a P/E/G ratio of 1.39 and a beta of 0.92. Equinix, Inc. has a twelve month low of $701.41 and a twelve month high of $994.03. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29.

Equinix (NASDAQ:EQIX) last announced its earnings results on Wednesday, July 30th. The financial services provider reported $9.91 EPS for the quarter, beating analysts’ consensus estimates of $3.49 by $6.42. The business had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $2.26 billion. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The company’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the company posted $9.22 EPS. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. On average, equities analysts predict that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th were issued a $4.69 dividend. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Wednesday, August 20th. Equinix’s payout ratio is presently 183.74%.

Equinix Company Profile

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.