MQS Management LLC Acquires Shares of 536 Equinix, Inc. $EQIX

MQS Management LLC acquired a new stake in Equinix, Inc. (NASDAQ:EQIX) during the 2nd quarter, HoldingsChannel reports. The firm acquired 536 shares of the financial services provider’s stock, valued at approximately $426,000.

Several other large investors have also recently added to or reduced their stakes in EQIX. Activest Wealth Management increased its stake in 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. Atticus Wealth Management LLC acquired a new position in Equinix in the 2nd quarter valued at approximately $29,000. GKV Capital Management Co. Inc. acquired a new position in Equinix in the 1st quarter valued at approximately $30,000. Saudi Central Bank acquired a new position in shares of Equinix during the 1st quarter worth $31,000. Finally, Quarry LP acquired a new position in shares of Equinix during the 1st quarter worth $31,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Equinix Stock Performance

NASDAQ:EQIX opened at $839.49 on Friday. Equinix, Inc. has a 1 year low of $701.41 and a 1 year high of $994.03. The firm’s fifty day simple moving average is $791.39 and its 200 day simple moving average is $814.98. 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 firm has a market capitalization of $82.15 billion, a PE ratio of 82.22, a PEG ratio of 1.45 and a beta of 0.92.

Equinix (NASDAQ:EQIX) last posted its earnings results on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.49 by $6.42. Equinix had a net margin of 11.11% and a return on equity of 7.22%. The business had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period last year, the business posted $9.22 EPS. Equinix’s revenue was up 4.5% compared to the same quarter last year. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. On average, sell-side analysts anticipate that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, August 20th were paid a $4.69 dividend. The ex-dividend date was Wednesday, August 20th. This represents a $18.76 dividend on an annualized basis and a yield of 2.2%. Equinix’s dividend payout ratio (DPR) is presently 183.74%.

Insiders Place Their Bets

In other Equinix news, EVP Raouf Abdel sold 404 shares of the stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total value of $311,528.44. Following the completion of the sale, the executive vice president directly owned 6,378 shares of the company’s stock, valued at $4,918,139.58. This represents a 5.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Christopher B. Paisley sold 75 shares of the stock in a transaction on Monday, August 18th. The shares were sold at an average price of $781.50, for a total transaction of $58,612.50. Following the completion of the sale, the director directly owned 17,832 shares of the company’s stock, valued at approximately $13,935,708. This trade represents a 0.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.27% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. JMP Securities restated a “market outperform” rating and set a $1,200.00 price target on shares of Equinix in a research note on Tuesday, July 22nd. Daiwa Capital Markets set a $917.00 price target on shares of Equinix and gave the stock an “outperform” rating in a research note on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of Equinix in a research note on Saturday. Wall Street Zen lowered shares of Equinix from a “hold” rating to a “sell” rating in a research note on Saturday, October 11th. Finally, Barclays increased their price target on shares of Equinix from $798.00 to $804.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 20th. Five investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $957.38.

About Equinix

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.