Equinix, Inc. $EQIX Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC cut its position in Equinix, Inc. (NASDAQ:EQIX) by 7.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 189 shares of the financial services provider’s stock after selling 16 shares during the period. TD Private Client Wealth LLC’s holdings in Equinix were worth $150,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EQIX. Public Employees Retirement System of Ohio grew its holdings in Equinix by 1.5% in the second quarter. Public Employees Retirement System of Ohio now owns 179,481 shares of the financial services provider’s stock valued at $142,772,000 after purchasing an additional 2,653 shares during the period. Ballentine Partners LLC boosted its stake in shares of Equinix by 14.1% in the second quarter. Ballentine Partners LLC now owns 1,561 shares of the financial services provider’s stock worth $1,242,000 after acquiring an additional 193 shares during the last quarter. Norden Group LLC acquired a new position in Equinix during the second quarter worth $222,000. CCM Investment Advisers LLC boosted its stake in Equinix by 0.5% during the second quarter. CCM Investment Advisers LLC now owns 13,322 shares of the financial services provider’s stock worth $10,597,000 after buying an additional 72 shares during the last quarter. Finally, CHICAGO TRUST Co NA boosted its stake in Equinix by 12.0% during the second quarter. CHICAGO TRUST Co NA now owns 440 shares of the financial services provider’s stock worth $350,000 after buying an additional 47 shares during the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EQIX has been the topic of a number of research analyst reports. Dbs Bank upgraded Equinix to a “moderate buy” rating in a research report on Wednesday, August 6th. Wells Fargo & Company cut their price target on Equinix from $1,065.00 to $925.00 and set an “overweight” rating on the stock in a report on Thursday, June 26th. Truist Financial upped their price objective on Equinix from $904.00 to $961.00 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Stifel Nicolaus lowered their price objective on Equinix from $1,050.00 to $1,010.00 and set a “buy” rating for the company in a research report on Thursday, June 26th. Finally, Cowen reaffirmed a “buy” rating on shares of Equinix in a research report on Thursday, July 3rd. Five equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $962.52.

Insider Transactions at Equinix

In related news, Director Christopher B. Paisley sold 75 shares of Equinix stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $781.50, for a total value of $58,612.50. Following the completion of the transaction, the director directly owned 17,832 shares in the company, valued at approximately $13,935,708. This trade represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Raouf Abdel sold 404 shares of Equinix stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 6,378 shares of the company’s stock, valued at approximately $4,918,139.58. The trade was a 5.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.27% of the stock is currently owned by insiders.

Equinix Stock Performance

NASDAQ EQIX opened at $790.34 on Monday. Equinix, Inc. has a 1-year low of $701.41 and a 1-year high of $994.03. The company has a market capitalization of $77.34 billion, a P/E ratio of 77.41, a PEG ratio of 1.41 and a beta of 0.92. The business has a 50 day moving average price of $783.91 and a 200 day moving average price of $816.41. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54.

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. Equinix had a return on equity of 7.22% and a net margin of 11.11%.The firm had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter in the prior year, the firm earned $9.22 EPS. Equinix’s quarterly revenue was up 4.5% on a year-over-year basis. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. Sell-side analysts expect that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, August 20th were given a $4.69 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $18.76 annualized dividend and a yield of 2.4%. Equinix’s dividend payout ratio (DPR) is 183.74%.

Equinix 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.