Ameritas Advisory Services LLC Makes New Investment in Equinix, Inc. $EQIX

Ameritas Advisory Services LLC bought a new position in shares of Equinix, Inc. (NASDAQ:EQIX) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 99 shares of the financial services provider’s stock, valued at approximately $79,000.

Several other hedge funds have also made changes to their positions in EQIX. Brighton Jones LLC boosted its stake in shares of Equinix by 28.9% during the fourth quarter. Brighton Jones LLC now owns 326 shares of the financial services provider’s stock worth $307,000 after buying an additional 73 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Equinix by 5.5% during the first quarter. Farther Finance Advisors LLC now owns 767 shares of the financial services provider’s stock worth $626,000 after buying an additional 40 shares during the period. Assenagon Asset Management S.A. boosted its stake in shares of Equinix by 15.1% during the first quarter. Assenagon Asset Management S.A. now owns 3,867 shares of the financial services provider’s stock worth $3,153,000 after buying an additional 507 shares during the period. Simon Quick Advisors LLC boosted its stake in shares of Equinix by 5.8% during the first quarter. Simon Quick Advisors LLC now owns 400 shares of the financial services provider’s stock worth $326,000 after buying an additional 22 shares during the period. Finally, Fifth Third Bancorp lifted its position in Equinix by 0.4% in the first quarter. Fifth Third Bancorp now owns 11,059 shares of the financial services provider’s stock valued at $9,017,000 after purchasing an additional 40 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.

Insider Buying and Selling at Equinix

In other news, Director Christopher B. Paisley sold 75 shares of the firm’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $781.50, for a total transaction of $58,612.50. Following the sale, the director 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Raouf Abdel sold 404 shares of the firm’s stock in a transaction on Tuesday, September 9th. The stock was 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 in the company, valued at $4,918,139.58. This trade represents a 5.96% decrease in their position. The disclosure for this sale can be found here. 0.27% of the stock is owned by company insiders.

Equinix Trading Down 1.0%

Shares of EQIX opened at $800.60 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54. The firm has a 50 day simple moving average of $782.79 and a 200-day simple moving average of $812.67. Equinix, Inc. has a 1-year low of $701.41 and a 1-year high of $994.03. The stock has a market cap of $78.35 billion, a price-to-earnings ratio of 78.41, a price-to-earnings-growth ratio of 1.38 and a beta of 0.92.

Equinix (NASDAQ:EQIX) last issued its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share for the quarter, topping analysts’ consensus estimates of $3.49 by $6.42. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The business had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same period last year, the company posted $9.22 EPS. The company’s 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. Equities analysts forecast that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th were issued 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 2.3%. Equinix’s dividend payout ratio (DPR) is 183.74%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. 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. Dbs Bank upgraded shares of Equinix to a “moderate buy” rating in a research report on Wednesday, August 6th. The Goldman Sachs Group reduced their price target on shares of Equinix from $1,020.00 to $880.00 and set a “buy” rating for the company in a research report on Wednesday, July 2nd. Scotiabank reduced their price target on shares of Equinix from $1,030.00 to $965.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 26th. Finally, Truist Financial lifted their price target on shares of Equinix from $904.00 to $961.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. Four investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $960.65.

About Equinix

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.