Equinix, Inc. $EQIX Holdings Decreased by Clarius Group LLC

Clarius Group LLC reduced its stake in shares of Equinix, Inc. (NASDAQ:EQIXFree Report) by 18.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 474 shares of the financial services provider’s stock after selling 110 shares during the quarter. Clarius Group LLC’s holdings in Equinix were worth $377,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Activest Wealth Management raised its stake in shares of Equinix by 121.4% during the first quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 17 shares in the last quarter. GKV Capital Management Co. Inc. bought a new stake in shares of Equinix during the first quarter valued at about $30,000. Atticus Wealth Management LLC bought a new stake in Equinix in the second quarter worth about $29,000. Saudi Central Bank bought a new stake in Equinix in the first quarter worth about $31,000. Finally, Quarry LP bought a new stake in Equinix in the first quarter worth about $31,000. 94.94% of the stock is currently owned by institutional investors.

Equinix Price Performance

NASDAQ EQIX opened at $789.84 on Tuesday. The stock’s 50-day moving average price is $782.10 and its two-hundred day moving average price is $813.63. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29. The company has a market cap of $77.29 billion, a PE ratio of 77.36, a PEG ratio of 1.39 and a beta of 0.92. Equinix, Inc. has a 1 year low of $701.41 and a 1 year high of $994.03.

Equinix (NASDAQ:EQIXGet Free Report) last posted its quarterly earnings data 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. The firm had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.26 billion. Equinix had a return on equity of 7.22% and a net margin of 11.11%.The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter 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. On average, analysts predict that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, August 20th were 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 was Wednesday, August 20th. Equinix’s payout ratio is 183.74%.

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 transaction, 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Christopher B. Paisley sold 75 shares of Equinix 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 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.

Analysts Set New Price Targets

Several equities research analysts have commented on EQIX shares. Cowen reiterated a “buy” rating on shares of Equinix in a research report on Thursday, July 3rd. Dbs Bank upgraded shares of Equinix to a “moderate buy” rating in a research report on Wednesday, August 6th. Mizuho dropped their price target on shares of Equinix from $1,069.00 to $900.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 1st. Wall Street Zen upgraded shares of Equinix from a “sell” rating to a “hold” rating in a research report on Friday. Finally, Scotiabank dropped their price target on shares of Equinix from $1,030.00 to $965.00 and set a “sector outperform” rating on the stock in a research report on Thursday, June 26th. Four equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Equinix has a consensus rating of “Moderate Buy” and a consensus target price of $960.65.

Read Our Latest Report on Equinix

Equinix Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Equinix (NASDAQ:EQIX)

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