Equinix, Inc. $EQIX Holdings Lifted by Ameriprise Financial Inc.

Ameriprise Financial Inc. raised its position in Equinix, Inc. (NASDAQ:EQIX) by 17.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 815,744 shares of the financial services provider’s stock after purchasing an additional 119,988 shares during the quarter. Ameriprise Financial Inc. owned about 0.83% of Equinix worth $638,916,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank bought a new position in shares of Equinix in the second quarter worth $892,431,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Equinix by 408.1% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,186,497 shares of the financial services provider’s stock valued at $929,312,000 after buying an additional 953,001 shares during the period. JPMorgan Chase & Co. raised its position in shares of Equinix by 25.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,875,355 shares of the financial services provider’s stock worth $2,252,094,000 after buying an additional 588,967 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Equinix by 1.7% during the second quarter. Vanguard Group Inc. now owns 13,129,041 shares of the financial services provider’s stock valued at $10,443,758,000 after acquiring an additional 222,221 shares during the period. Finally, State Street Corp raised its holdings in Equinix by 3.7% during the second quarter. State Street Corp now owns 6,249,780 shares of the financial services provider’s stock worth $4,971,512,000 after purchasing an additional 220,981 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Raouf Abdel sold 927 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $801.78, for a total transaction of $743,250.06. Following the sale, the executive vice president owned 7,337 shares in the company, valued at $5,882,659.86. The trade was a 11.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Charles J. Meyers sold 2,716 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $965.15, for a total transaction of $2,621,347.40. Following the completion of the transaction, the chairman directly owned 12,594 shares of the company’s stock, valued at $12,155,099.10. This represents a 17.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 16,842 shares of company stock valued at $14,494,840. Company insiders own 0.27% of the company’s stock.

Equinix Price Performance

Shares of NASDAQ:EQIX opened at $969.90 on Monday. The company has a market capitalization of $95.29 billion, a PE ratio of 70.54, a price-to-earnings-growth ratio of 2.49 and a beta of 1.04. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.32 and a current ratio of 1.32. The stock has a fifty day moving average of $871.78 and a 200-day moving average of $814.04. Equinix, Inc. has a one year low of $701.41 and a one year high of $992.90.

Equinix (NASDAQ:EQIX) last issued its earnings results on Wednesday, February 11th. The financial services provider reported $8.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.07 by ($0.16). The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.46 billion. Equinix had a return on equity of 9.60% and a net margin of 14.65%.The business’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $7.92 earnings per share. As a group, equities analysts anticipate that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, February 25th will be paid a dividend of $5.16 per share. This is a boost from Equinix’s previous quarterly dividend of $4.69. This represents a $20.64 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, February 25th. Equinix’s payout ratio is currently 150.11%.

Analyst Upgrades and Downgrades

EQIX has been the subject of a number of research analyst reports. Barclays restated a “positive” rating and issued a $870.00 target price on shares of Equinix in a research report on Tuesday, January 13th. Jefferies Financial Group boosted their price objective on Equinix from $950.00 to $1,000.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. BMO Capital Markets upped their price objective on Equinix from $925.00 to $1,050.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft set a $915.00 target price on Equinix in a research note on Tuesday, January 6th. Finally, Guggenheim boosted their price target on shares of Equinix from $933.00 to $985.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,006.91.

More Equinix News

Here are the key news stories impacting Equinix this week:

• Positive Sentiment: Equinix launched a Distributed AI Hub to help enterprises connect and simplify distributed AI ecosystems — a product move that could drive higher interconnection, colo and edge demand if adoption follows. EQIX Rolls Out Distributed AI Hub
• Neutral Sentiment: Zacks highlights that EQIX is up ~1.4% since its last earnings report and reviews whether that momentum can continue; useful context but not a catalyst by itself. Equinix Up 1.4% Since Last Earnings
• Neutral Sentiment: Market/strategy coverage (Yahoo Finance) asks whether it’s too late to reassess Equinix after a strong share-price run — commentary focused on valuation and timing rather than company fundamentals. Is It Too Late To Reassess Equinix?
• Neutral Sentiment: A recent note pointed out EQIX’s outperformance while the broader market fell — encouraging for relative strength but not definitive on direction. Equinix Ascends While Market Falls
• Negative Sentiment: Multiple insiders sold shares on Mar 12 — including CEO Adaire Fox‑Martin (1,086 sh), EVP Raouf Abdel (584 sh), Brandi Galvin Morandi (630 sh), Jonathan Lin (635 sh) and Chairman Charles J. Meyers (305 sh) — about 3,240 shares total for roughly $3.1M in proceeds. These filings were disclosed to the SEC and can pressure sentiment (though the small percentage ownership reductions suggest routine/portfolio moves). SEC filings: CEO Form 4 EVP Form 4 Insider Form 4 Insider Form 4 Chairman Form 4

Equinix Company Profile

Equinix, Inc is a global provider of digital infrastructure and interconnection services, specializing in carrier-neutral data centers and colocation. The company operates a platform that enables enterprises, cloud and network service providers, and content companies to colocate IT infrastructure, interconnect directly with partners and providers, and access cloud on-ramps and network services in a secure, low-latency environment.

Equinix’s offerings include traditional colocation space and power, cross-connects and meet-me rooms, and a suite of connectivity and on-demand services designed for hybrid multicloud architectures.