Aviso Financial Inc. Boosts Stock Position in Equinix, Inc. $EQIX

Aviso Financial Inc. raised its stake in Equinix, Inc. (NASDAQ:EQIX) by 40.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,872 shares of the financial services provider’s stock after purchasing an additional 1,120 shares during the quarter. Aviso Financial Inc.’s holdings in Equinix were worth $3,080,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Activest Wealth Management lifted its holdings in shares of Equinix by 121.4% in the 1st quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock valued at $25,000 after buying an additional 17 shares during the period. Westside Investment Management Inc. grew its holdings in Equinix by 190.9% during 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 period. Atlantic Union Bankshares Corp purchased a new position in Equinix in the second quarter worth $26,000. Bank of Jackson Hole Trust lifted its holdings in Equinix by 70.0% in the second quarter. Bank of Jackson Hole Trust now owns 34 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 14 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Equinix during the 2nd quarter worth $28,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Equinix Stock Up 0.8%

EQIX opened at $760.62 on Tuesday. Equinix, Inc. has a 12 month low of $701.41 and a 12 month high of $994.03. The business has a 50-day moving average of $801.75 and a two-hundred day moving average of $812.37. 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 stock has a market capitalization of $74.68 billion, a price-to-earnings ratio of 69.65, a price-to-earnings-growth ratio of 1.38 and a beta of 0.92.

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

Equinix Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 19th will be paid a dividend of $4.69 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $18.76 annualized dividend and a dividend yield of 2.5%. Equinix’s payout ratio is currently 171.79%.

Insider Activity at Equinix

In other Equinix news, insider Brandi Galvin Morandi sold 100 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $840.47, for a total transaction of $84,047.00. Following the completion of the sale, the insider owned 8,277 shares of the company’s stock, valued at approximately $6,956,570.19. The trade was a 1.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Christopher B. Paisley sold 50 shares of the company’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $777.58, for a total value of $38,879.00. Following the sale, the director owned 17,782 shares of the company’s stock, valued at $13,826,927.56. This represents a 0.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 5,641 shares of company stock valued at $4,394,531 over the last quarter. 0.27% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Citigroup reissued a “market outperform” rating on shares of Equinix in a report on Tuesday, November 4th. BMO Capital Markets set a $900.00 price target on shares of Equinix and gave the company a “market perform” rating in a research report on Thursday, October 30th. Wall Street Zen raised Equinix from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Cowen reaffirmed a “buy” rating on shares of Equinix in a research note on Thursday, October 30th. Finally, Dbs Bank raised Equinix to a “moderate buy” rating in a report on Wednesday, August 6th. Four investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Equinix has an average rating of “Moderate Buy” and a consensus target price of $961.33.

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.