Equinix, Inc. $EQIX Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lowered its position in Equinix, Inc. (NASDAQ:EQIX) by 5.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,013 shares of the financial services provider’s stock after selling 459 shares during the period. Janney Montgomery Scott LLC’s holdings in Equinix were worth $6,374,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Truist Financial Corp lifted its stake in Equinix by 8.2% in the 1st quarter. Truist Financial Corp now owns 52,301 shares of the financial services provider’s stock valued at $42,643,000 after buying an additional 3,981 shares in the last quarter. Elliott Investment Management L.P. purchased a new stake in Equinix in the 1st quarter valued at approximately $122,302,000. Nisa Investment Advisors LLC lifted its stake in Equinix by 71.7% in the 1st quarter. Nisa Investment Advisors LLC now owns 74,434 shares of the financial services provider’s stock valued at $60,690,000 after buying an additional 31,073 shares in the last quarter. First United Bank & Trust purchased a new stake in Equinix in the 1st quarter valued at approximately $451,000. Finally, Gradient Investments LLC lifted its stake in Equinix by 19.4% in the 2nd quarter. Gradient Investments LLC now owns 24,684 shares of the financial services provider’s stock valued at $19,635,000 after buying an additional 4,015 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Analyst Ratings Changes

EQIX has been the topic of several recent analyst reports. Truist Financial upped their price objective on shares of Equinix from $904.00 to $961.00 and gave the company a “buy” rating in a research note on Thursday, August 7th. Stifel Nicolaus reduced their price target on Equinix from $1,050.00 to $1,010.00 and set a “buy” rating on the stock in a research note on Thursday, June 26th. Cfra Research lowered Equinix from a “moderate buy” rating to a “hold” rating in a research note on Thursday, July 31st. UBS Group reduced their price target on Equinix from $1,035.00 to $950.00 and set a “buy” rating on the stock in a research note on Friday, July 11th. Finally, Wolfe Research lowered Equinix from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 9th. Four equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $960.65.

Insider Activity

In other news, Director Christopher B. Paisley sold 75 shares of the firm’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $781.50, for a total transaction of $58,612.50. Following the completion of the sale, the director directly owned 17,832 shares in the company, valued at $13,935,708. This trade represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Raouf Abdel sold 404 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total value of $311,528.44. Following the sale, the executive vice president owned 6,378 shares of the company’s stock, valued at $4,918,139.58. This represents 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 owned by company insiders.

Equinix Trading Up 0.8%

NASDAQ:EQIX opened at $778.74 on Monday. The business’s 50-day moving average is $782.18 and its two-hundred day moving average is $813.94. 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, Inc. has a 12 month low of $701.41 and a 12 month high of $994.03. The firm has a market capitalization of $76.21 billion, a PE ratio of 76.27, a price-to-earnings-growth ratio of 1.39 and a beta of 0.92.

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

Equinix Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th were paid a dividend of $4.69 per share. The ex-dividend date was Wednesday, August 20th. This represents a $18.76 annualized dividend and a dividend yield of 2.4%. Equinix’s dividend payout ratio (DPR) is currently 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.