Ossiam lessened its holdings in shares of Equinix, Inc. (NASDAQ:EQIX – Free Report) by 74.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,717 shares of the financial services provider’s stock after selling 43,237 shares during the quarter. Ossiam’s holdings in Equinix were worth $11,527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently modified their holdings of EQIX. Ameriflex Group Inc. increased its stake in shares of Equinix by 433.3% in the 3rd quarter. Ameriflex Group Inc. now owns 32 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 26 shares in the last quarter. Abound Wealth Management lifted its position in Equinix by 209.1% during the third quarter. Abound Wealth Management now owns 34 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 23 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new stake in Equinix during the second quarter valued at about $28,000. Salomon & Ludwin LLC purchased a new stake in Equinix in the third quarter worth about $37,000. Finally, Cornerstone Planning Group LLC increased its position in Equinix by 40.6% in the third quarter. Cornerstone Planning Group LLC now owns 45 shares of the financial services provider’s stock worth $37,000 after buying an additional 13 shares in the last quarter. Institutional investors own 94.94% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have recently commented on EQIX. Guggenheim raised their price objective on Equinix from $933.00 to $985.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Morgan Stanley reissued an “overweight” rating and issued a $1,075.00 target price on shares of Equinix in a report on Friday, February 13th. Weiss Ratings restated a “hold (c)” rating on shares of Equinix in a research note on Thursday, January 22nd. HSBC set a $1,050.00 price target on shares of Equinix and gave the company a “buy” rating in a report on Thursday, January 15th. Finally, Scotiabank reissued an “outperform” rating on shares of Equinix in a research note on Thursday, February 12th. Three analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,006.91.
Insider Activity
In other Equinix news, CEO Adaire Fox-Martin sold 2,670 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $804.08, for a total value of $2,146,893.60. Following the sale, the chief executive officer owned 14,857 shares in the company, valued at $11,946,216.56. The trade was a 15.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brandi Galvin Morandi sold 1,333 shares of the firm’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $804.25, for a total value of $1,072,065.25. Following the transaction, the insider owned 9,551 shares of the company’s stock, valued at approximately $7,681,391.75. The trade was a 12.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 16,842 shares of company stock valued at $14,494,840 in the last quarter. Company insiders own 0.27% of the company’s stock.
Key Stories Impacting Equinix
Here are the key news stories impacting Equinix this week:
- Positive Sentiment: Equinix launched a Distributed AI Hub to help enterprises connect and simplify distributed AI ecosystems — a product move that could drive higher interconnection, colo and edge demand if adoption follows. EQIX Rolls Out Distributed AI Hub
- Neutral Sentiment: Zacks highlights that EQIX is up ~1.4% since its last earnings report and reviews whether that momentum can continue; useful context but not a catalyst by itself. Equinix Up 1.4% Since Last Earnings
- Neutral Sentiment: Market/strategy coverage (Yahoo Finance) asks whether it’s too late to reassess Equinix after a strong share-price run — commentary focused on valuation and timing rather than company fundamentals. Is It Too Late To Reassess Equinix?
- Neutral Sentiment: A recent note pointed out EQIX’s outperformance while the broader market fell — encouraging for relative strength but not definitive on direction. Equinix Ascends While Market Falls
- Negative Sentiment: Multiple insiders sold shares on Mar 12 — including CEO Adaire Fox‑Martin (1,086 sh), EVP Raouf Abdel (584 sh), Brandi Galvin Morandi (630 sh), Jonathan Lin (635 sh) and Chairman Charles J. Meyers (305 sh) — about 3,240 shares total for roughly $3.1M in proceeds. These filings were disclosed to the SEC and can pressure sentiment (though the small percentage ownership reductions suggest routine/portfolio moves). SEC filings: CEO Form 4 EVP Form 4 Insider Form 4 Insider Form 4 Chairman Form 4
Equinix Stock Performance
NASDAQ EQIX opened at $969.90 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.40. Equinix, Inc. has a twelve month low of $701.41 and a twelve month high of $992.90. The business has a 50-day moving average price of $871.78 and a 200-day moving average price of $813.66. The firm has a market cap of $95.30 billion, a price-to-earnings ratio of 70.54, a price-to-earnings-growth ratio of 2.50 and a beta of 1.04.
Equinix (NASDAQ:EQIX – Get Free Report) last issued its earnings results on Wednesday, February 11th. The financial services provider reported $8.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.07 by ($0.16). Equinix had a net margin of 14.65% and a return on equity of 9.60%. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same period last year, the business posted $7.92 EPS. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. As a group, equities research analysts predict that Equinix, Inc. will post 33.1 EPS for the current fiscal year.
Equinix Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, February 25th will be issued a $5.16 dividend. This represents a $20.64 annualized dividend and a dividend yield of 2.1%. This is a boost from Equinix’s previous quarterly dividend of $4.69. The ex-dividend date of this dividend is Wednesday, February 25th. Equinix’s payout ratio is presently 150.11%.
About Equinix
Equinix, Inc is a global provider of digital infrastructure and interconnection services, specializing in carrier-neutral data centers and colocation. The company operates a platform that enables enterprises, cloud and network service providers, and content companies to colocate IT infrastructure, interconnect directly with partners and providers, and access cloud on-ramps and network services in a secure, low-latency environment.
Equinix’s offerings include traditional colocation space and power, cross-connects and meet-me rooms, and a suite of connectivity and on-demand services designed for hybrid multicloud architectures.
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