Representative Julie Johnson (D-Texas) recently sold shares of Equinix, Inc. (NASDAQ:EQIX). In a filing disclosed on October 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Equinix stock on September 25th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.
Representative Julie Johnson also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Ameren (NYSE:AEE) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of WEC Energy Group (NYSE:WEC) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of A. O. Smith (NYSE:AOS) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of McCormick & Company, Incorporated (NYSE:MKC) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Monster Beverage (NASDAQ:MNST) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Molson Coors Beverage (NYSE:TAP) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of LyondellBasell Industries (NYSE:LYB) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of United Dominion Realty Trust (NYSE:UDR) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Xcel Energy (NASDAQ:XEL) on 9/25/2025.
Equinix Price Performance
NASDAQ EQIX opened at $803.62 on Thursday. The stock has a market capitalization of $78.64 billion, a P/E ratio of 78.71, a P/E/G ratio of 1.40 and a beta of 0.92. Equinix, Inc. has a 1 year low of $701.41 and a 1 year high of $994.03. The business’s fifty day moving average is $781.75 and its two-hundred day moving average is $813.38. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.54 and a current ratio of 1.54.
Equinix Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, August 20th were issued a $4.69 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $18.76 annualized dividend and a dividend yield of 2.3%. Equinix’s dividend payout ratio is currently 183.74%.
Analyst Ratings Changes
Several research analysts have issued reports on EQIX shares. Guggenheim started coverage on Equinix in a report on Thursday, July 10th. They issued a “buy” rating and a $933.00 price target on the stock. Wells Fargo & Company dropped 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. Scotiabank cut their target price on shares of Equinix from $1,030.00 to $965.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 26th. Mizuho cut their target price on shares of Equinix from $1,069.00 to $900.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 1st. Finally, BMO Capital Markets downgraded shares of Equinix from an “outperform” rating to a “market perform” rating and cut their target price for the company from $1,045.00 to $850.00 in a research note on Thursday, June 26th. Four equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Equinix currently has a consensus rating of “Moderate Buy” and a consensus target price of $960.65.
Check Out Our Latest Stock Analysis on EQIX
Hedge Funds Weigh In On Equinix
Hedge funds have recently modified their holdings of the stock. Activest Wealth Management increased its stake in shares of Equinix by 121.4% in the first quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 17 shares during the last quarter. Westside Investment Management Inc. increased its stake in shares of Equinix by 190.9% in the second quarter. Westside Investment Management Inc. now owns 32 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 21 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Equinix in the second quarter worth $26,000. Bank of Jackson Hole Trust increased its stake in shares of Equinix by 70.0% in the second quarter. Bank of Jackson Hole Trust now owns 34 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 14 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Equinix in the second quarter worth $28,000. 94.94% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, Director Christopher B. Paisley sold 75 shares of the company’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $781.50, for a total value of $58,612.50. Following the completion of the sale, the director directly owned 17,832 shares in the company, valued at approximately $13,935,708. This represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Raouf Abdel sold 404 shares of the company’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total transaction of $311,528.44. Following the completion of 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. Corporate insiders own 0.27% of the company’s stock.
About Representative Johnson
Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.
Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.
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.
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