Arkadios Wealth Advisors Has $342,000 Stock Position in Equinix, Inc. $EQIX

Arkadios Wealth Advisors grew its stake in shares of Equinix, Inc. (NASDAQ:EQIX) by 39.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 429 shares of the financial services provider’s stock after buying an additional 122 shares during the quarter. Arkadios Wealth Advisors’ holdings in Equinix were worth $342,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Activest Wealth Management grew its position in Equinix by 121.4% during the 1st 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. Bank of Jackson Hole Trust grew its holdings in shares of Equinix by 70.0% during the second quarter. Bank of Jackson Hole Trust now owns 34 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 14 shares during the last quarter. Atticus Wealth Management LLC acquired a new position in shares of Equinix in the second quarter valued at approximately $29,000. GKV Capital Management Co. Inc. bought a new position in Equinix in the 1st quarter valued at approximately $30,000. Finally, Saudi Central Bank acquired a new stake in Equinix during the 1st quarter worth approximately $31,000. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on EQIX. Barclays raised their price target on shares of Equinix from $798.00 to $804.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 20th. Weiss Ratings restated a “hold (c)” rating on shares of Equinix in a report on Wednesday, October 8th. Truist Financial lifted their target price on Equinix from $904.00 to $961.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. Citigroup reiterated a “market outperform” rating on shares of Equinix in a research report on Tuesday. Finally, JMP Securities reissued a “market outperform” rating and issued a $1,200.00 price target on shares of Equinix in a research note on Tuesday, July 22nd. Five analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $960.76.

Insider Activity

In other Equinix news, EVP Raouf Abdel sold 404 shares of Equinix stock in a transaction dated 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. The trade was a 5.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Christopher B. Paisley sold 75 shares of the firm’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $781.50, for a total value of $58,612.50. Following the transaction, 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 SEC filing for this sale provides additional information. In the last 90 days, insiders sold 579 shares of company stock worth $454,188. 0.27% of the stock is currently owned by insiders.

Equinix Stock Performance

Shares of Equinix stock opened at $822.12 on Thursday. Equinix, Inc. has a one year low of $701.41 and a one year high of $994.03. The business has a 50-day simple moving average of $799.14 and a 200 day simple moving average of $817.51. 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 market capitalization of $80.72 billion, a price-to-earnings ratio of 75.29, a PEG ratio of 1.38 and a beta of 0.92.

Equinix (NASDAQ:EQIX) last issued its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $9.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.27 by $0.56. The business had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.33 billion. Equinix had a net margin of 11.82% and a return on equity of 7.74%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $9.05 EPS. Equinix has set its Q4 2025 guidance at EPS. FY 2025 guidance at 37.950-38.77 EPS. On average, research analysts anticipate that Equinix, Inc. will post 33.1 earnings per share for the current fiscal year.

Equinix Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 19th will be issued a $4.69 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $18.76 annualized dividend and a dividend yield of 2.3%. Equinix’s dividend payout ratio (DPR) is presently 171.79%.

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.