Equinix, Inc. $EQIX Shares Sold by Belpointe Asset Management LLC

Belpointe Asset Management LLC cut its stake in Equinix, Inc. (NASDAQ:EQIX) by 45.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 327 shares of the financial services provider’s stock after selling 272 shares during the period. Belpointe Asset Management LLC’s holdings in Equinix were worth $260,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in EQIX. Valeo Financial Advisors LLC increased its holdings in Equinix by 298,148.6% in the second quarter. Valeo Financial Advisors LLC now owns 8,157,100 shares of the financial services provider’s stock valued at $6,488,728,000 after buying an additional 8,154,365 shares in the last quarter. Nuveen LLC purchased a new position in Equinix in the first quarter valued at about $662,663,000. JPMorgan Chase & Co. increased its holdings in Equinix by 22.5% in the first quarter. JPMorgan Chase & Co. now owns 1,590,568 shares of the financial services provider’s stock valued at $1,296,871,000 after buying an additional 291,753 shares in the last quarter. National Bank of Canada FI increased its holdings in Equinix by 169.7% in the first quarter. National Bank of Canada FI now owns 394,223 shares of the financial services provider’s stock valued at $321,427,000 after buying an additional 248,075 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in Equinix by 1.9% in the first quarter. Vanguard Group Inc. now owns 12,906,820 shares of the financial services provider’s stock valued at $10,523,576,000 after buying an additional 242,121 shares in the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Christopher B. Paisley sold 75 shares of Equinix 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 transaction, the director owned 17,832 shares in the company, valued at approximately $13,935,708. The trade was a 0.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Raouf Abdel sold 404 shares of Equinix 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 sale, the executive vice president directly 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.

Analyst Ratings Changes

A number of research analysts have issued reports on EQIX shares. Cowen reaffirmed a “buy” rating on shares of Equinix in a report on Thursday, July 3rd. Wall Street Zen cut shares of Equinix from a “hold” rating to a “sell” rating in a research note on Saturday. JMP Securities reissued a “market outperform” rating and set a $1,200.00 price objective on shares of Equinix in a research note on Tuesday, July 22nd. JPMorgan Chase & Co. raised their price objective on shares of Equinix from $935.00 to $940.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Finally, Mizuho dropped their price objective on shares of Equinix from $1,069.00 to $900.00 and set an “outperform” rating for the company in a research note on Tuesday, July 1st. Four equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $960.65.

Equinix Stock Down 1.0%

EQIX stock opened at $800.60 on Friday. The stock has a market capitalization of $78.35 billion, a P/E ratio of 78.41, a PEG ratio of 1.38 and a beta of 0.92. 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, Inc. has a one year low of $701.41 and a one year high of $994.03. The company has a 50 day moving average price of $782.79 and a two-hundred day moving average price of $812.67.

Equinix (NASDAQ:EQIX) last released its earnings results on Wednesday, July 30th. The financial services provider reported $9.91 EPS for the quarter, topping the consensus estimate of $3.49 by $6.42. The firm had revenue of $2.26 billion during 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%. Equinix’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the company earned $9.22 EPS. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. As a group, sell-side analysts expect that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Announces Dividend

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. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Wednesday, August 20th. 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.