Czech National Bank Boosts Position in Equinix, Inc. $EQIX

Czech National Bank boosted its holdings in shares of Equinix, Inc. (NASDAQ:EQIX) by 7.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 23,910 shares of the financial services provider’s stock after buying an additional 1,555 shares during the quarter. Czech National Bank’s holdings in Equinix were worth $19,020,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of EQIX. GAMMA Investing LLC raised its position in Equinix by 82,340.9% during the 1st quarter. GAMMA Investing LLC now owns 890,362 shares of the financial services provider’s stock worth $725,957,000 after buying an additional 889,282 shares during the last quarter. Nuveen LLC purchased a new position in Equinix during the 1st quarter worth approximately $662,663,000. JPMorgan Chase & Co. raised its position in Equinix by 22.5% during the 1st quarter. JPMorgan Chase & Co. now owns 1,590,568 shares of the financial services provider’s stock worth $1,296,871,000 after buying an additional 291,753 shares during the last quarter. National Bank of Canada FI grew its stake in shares of Equinix by 169.7% during the 1st quarter. National Bank of Canada FI now owns 394,223 shares of the financial services provider’s stock worth $321,427,000 after purchasing an additional 248,075 shares during the period. Finally, Vanguard Group Inc. increased its holdings in shares of Equinix by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 12,906,820 shares of the financial services provider’s stock valued at $10,523,576,000 after purchasing an additional 242,121 shares in the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Equinix Price Performance

Equinix stock opened at $779.31 on Wednesday. The company’s fifty day moving average price is $779.91 and its 200 day moving average price is $821.22. Equinix, Inc. has a 1 year low of $701.41 and a 1 year high of $994.03. The stock has a market capitalization of $76.26 billion, a P/E ratio of 76.33, a P/E/G ratio of 1.41 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 (NASDAQ:EQIX) last announced its earnings results on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.49 by $6.42. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The company had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter in the previous year, the company posted $9.22 EPS. The firm’s quarterly 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. As a group, equities research analysts anticipate that Equinix, Inc. will post 33.1 earnings per share for the current fiscal year.

Equinix Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Wednesday, August 20th will be paid a dividend of $4.69 per share. This represents a $18.76 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, August 20th. Equinix’s payout ratio is 183.74%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. The Goldman Sachs Group cut their target price on shares of Equinix from $1,020.00 to $880.00 and set a “buy” rating for the company in a report on Wednesday, July 2nd. UBS Group cut their target price on shares of Equinix from $1,035.00 to $950.00 and set a “buy” rating for the company in a report on Friday, July 11th. Wall Street Zen lowered shares of Equinix from a “hold” rating to a “sell” rating in a report on Saturday, August 16th. Stifel Nicolaus cut their target price on shares of Equinix from $1,050.00 to $1,010.00 and set a “buy” rating for the company in a report on Thursday, June 26th. Finally, Mizuho cut their target price on shares of Equinix from $1,069.00 to $900.00 and set an “outperform” rating for the company in a report on Tuesday, July 1st. Five analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $962.52.

Insider Buying and Selling at Equinix

In other Equinix news, EVP Raouf Abdel sold 404 shares of Equinix stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total transaction of $311,528.44. Following 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 position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Christopher B. Paisley sold 75 shares of Equinix 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 directly owned 17,832 shares in the company, valued at approximately $13,935,708. This trade represents a 0.42% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.27% of the company’s stock.

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.