Vise Technologies Inc. Purchases New Shares in Equinix, Inc. $EQIX

Vise Technologies Inc. bought a new stake in shares of Equinix, Inc. (NASDAQ:EQIX) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,092 shares of the financial services provider’s stock, valued at approximately $869,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Elliott Investment Management L.P. bought a new stake in shares of Equinix in the 1st quarter worth approximately $122,302,000. Gradient Investments LLC increased its holdings in shares of Equinix by 19.4% during the second quarter. Gradient Investments LLC now owns 24,684 shares of the financial services provider’s stock worth $19,635,000 after buying an additional 4,015 shares in the last quarter. Partners Group Holding AG boosted its stake in Equinix by 10.6% in the first quarter. Partners Group Holding AG now owns 51,787 shares of the financial services provider’s stock worth $42,225,000 after purchasing an additional 4,968 shares in the last quarter. Focus Partners Wealth increased its position in Equinix by 19.4% in the 1st quarter. Focus Partners Wealth now owns 2,573 shares of the financial services provider’s stock valued at $2,098,000 after acquiring an additional 418 shares in the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC increased its stake in shares of Equinix by 13.5% in the 2nd quarter. Cbre Investment Management Listed Real Assets LLC now owns 485,538 shares of the financial services provider’s stock valued at $386,231,000 after buying an additional 57,630 shares during the period. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on EQIX. Wall Street Zen raised shares of Equinix from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Truist Financial boosted their price objective on shares of Equinix from $904.00 to $961.00 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Daiwa Capital Markets set a $917.00 price target on shares of Equinix and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. increased their price objective on shares of Equinix from $940.00 to $950.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Finally, TD Cowen lifted their target price on Equinix from $993.00 to $995.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Five research 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, the company presently has a consensus rating of “Buy” and an average target price of $960.76.

Insider Transactions at Equinix

In other Equinix 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 sale, the executive vice president owned 6,378 shares in the company, 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 filing with the SEC, which is available at this link. Also, insider Brandi Galvin Morandi sold 100 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $840.47, for a total transaction of $84,047.00. Following the transaction, the insider owned 8,277 shares of the company’s stock, valued at $6,956,570.19. This trade represents a 1.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 579 shares of company stock valued at $454,188. 0.27% of the stock is currently owned by insiders.

Equinix Price Performance

Shares of Equinix stock opened at $786.54 on Friday. The company has a 50-day simple moving average of $803.80 and a two-hundred day simple moving average of $817.84. Equinix, Inc. has a twelve month low of $701.41 and a twelve month high of $994.03. The stock has a market capitalization of $77.23 billion, a price-to-earnings ratio of 72.03, a price-to-earnings-growth ratio of 1.38 and a beta of 0.92. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 1.29.

Equinix (NASDAQ:EQIX) last released its earnings results on Wednesday, October 29th. The financial services provider reported $9.83 earnings per share for the quarter, beating analysts’ consensus estimates of $9.27 by $0.56. The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.33 billion. Equinix had a return on equity of 7.74% and a net margin of 11.82%.The company’s revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the company posted $9.05 EPS. Equinix has set its Q4 2025 guidance at EPS. FY 2025 guidance at 37.950-38.77 EPS. Analysts forecast that Equinix, Inc. will post 33.1 EPS for the current year.

Equinix Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 19th will be paid a dividend of $4.69 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $18.76 annualized dividend and a yield of 2.4%. Equinix’s payout ratio is presently 171.79%.

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.