Nicola Wealth Management LTD. Purchases 370 Shares of Equinix, Inc. $EQIX

Nicola Wealth Management LTD. lifted its position in shares of Equinix, Inc. (NASDAQ:EQIX) by 10.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,931 shares of the financial services provider’s stock after purchasing an additional 370 shares during the quarter. Nicola Wealth Management LTD.’s holdings in Equinix were worth $3,205,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Activest Wealth Management grew its holdings in shares of Equinix by 121.4% during the 1st quarter. Activest Wealth Management now owns 31 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 17 shares in the last quarter. Pinney & Scofield Inc. acquired a new stake in shares of Equinix during the 4th quarter worth approximately $28,000. GKV Capital Management Co. Inc. acquired a new stake in shares of Equinix during the 1st quarter worth approximately $30,000. Saudi Central Bank acquired a new stake in shares of Equinix during the 1st quarter worth approximately $31,000. Finally, Quarry LP acquired a new stake in shares of Equinix during the 1st quarter worth approximately $31,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Insider Buying and Selling

In related news, EVP Raouf Abdel sold 404 shares of the firm’s stock in a transaction that occurred 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 owned 6,378 shares of the company’s stock, valued at $4,918,139.58. This trade represents a 5.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Christopher B. Paisley sold 75 shares of the firm’s stock in a transaction that occurred 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 represents a 0.42% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on EQIX. The Goldman Sachs Group decreased their price objective on Equinix from $1,020.00 to $880.00 and set a “buy” rating on the stock in a report on Wednesday, July 2nd. Stifel Nicolaus dropped their target price on Equinix from $1,050.00 to $1,010.00 and set a “buy” rating for the company in a report on Thursday, June 26th. BMO Capital Markets cut Equinix from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $1,045.00 to $850.00 in a report on Thursday, June 26th. Cfra Research cut Equinix from a “moderate buy” rating to a “hold” rating in a report on Thursday, July 31st. Finally, Guggenheim initiated coverage on Equinix in a report on Thursday, July 10th. They issued a “buy” rating and a $933.00 target price for the company. Five analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $962.52.

Equinix Trading Up 2.2%

Shares of EQIX opened at $797.48 on Friday. The stock has a fifty day moving average price of $779.35 and a two-hundred day moving average price of $824.33. 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, Inc. has a 52-week low of $701.41 and a 52-week high of $994.03. The company has a market cap of $78.04 billion, a price-to-earnings ratio of 78.11, a PEG ratio of 1.39 and a beta of 0.92.

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

Equinix Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, August 20th will be issued a $4.69 dividend. The ex-dividend date of this dividend is Wednesday, August 20th. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.4%. Equinix’s dividend payout ratio (DPR) is currently 183.74%.

Equinix Company 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.