Equinix, Inc. (NASDAQ:EQIX) insider Michael Earl Campbell sold 1,427 shares of the stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $459.75, for a total value of $656,063.25. The sale was disclosed in a document filed with the SEC, which is available through this link.

Michael Earl Campbell also recently made the following trade(s):

  • On Friday, June 9th, Michael Earl Campbell sold 1,476 shares of Equinix stock. The stock was sold at an average price of $437.34, for a total value of $645,513.84.

Equinix, Inc. (NASDAQ EQIX) opened at 464.82 on Friday. The stock has a 50 day moving average price of $452.31 and a 200-day moving average price of $422.63. Equinix, Inc. has a 52 week low of $314.55 and a 52 week high of $470.44. The company has a market capitalization of $36.23 billion, a PE ratio of 170.70 and a beta of 0.56.

Equinix (NASDAQ:EQIX) last announced its earnings results on Wednesday, August 2nd. The financial services provider reported $4.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.41 by $1.18. Equinix had a net margin of 5.18% and a return on equity of 5.51%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.03 billion. On average, equities analysts predict that Equinix, Inc. will post $3.85 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Investors of record on Wednesday, August 23rd will be given a $2.00 dividend. The ex-dividend date is Monday, August 21st. This represents a $8.00 annualized dividend and a yield of 1.72%. Equinix’s dividend payout ratio (DPR) is presently 293.04%.

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A number of large investors have recently made changes to their positions in the stock. Cpcm LLC grew its position in Equinix by 0.4% in the first quarter. Cpcm LLC now owns 1,255 shares of the financial services provider’s stock worth $502,000 after acquiring an additional 5 shares in the last quarter. Proficio Capital Partners LLC grew its position in Equinix by 2.9% in the second quarter. Proficio Capital Partners LLC now owns 245 shares of the financial services provider’s stock worth $112,000 after acquiring an additional 7 shares in the last quarter. Conning Inc. grew its position in Equinix by 0.6% in the second quarter. Conning Inc. now owns 1,550 shares of the financial services provider’s stock worth $665,000 after acquiring an additional 10 shares in the last quarter. Bronfman E.L. Rothschild L.P. grew its position in Equinix by 2.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 593 shares of the financial services provider’s stock worth $237,000 after acquiring an additional 12 shares in the last quarter. Finally, New Amsterdam Partners LLC NY grew its position in Equinix by 2.7% in the second quarter. New Amsterdam Partners LLC NY now owns 571 shares of the financial services provider’s stock worth $245,000 after acquiring an additional 15 shares in the last quarter. Institutional investors own 94.41% of the company’s stock.

A number of equities research analysts have weighed in on the company. BidaskClub raised Equinix from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 24th. Barclays PLC reaffirmed an “equal weight” rating and issued a $475.00 target price (up previously from $410.00) on shares of Equinix in a report on Wednesday, August 9th. Royal Bank Of Canada raised their target price on Equinix from $470.00 to $505.00 and gave the company an “outperform” rating in a report on Monday, August 7th. Cowen and Company reaffirmed an “outperform” rating and issued a $482.00 target price (up previously from $465.00) on shares of Equinix in a report on Thursday, August 3rd. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $497.00 target price (up previously from $485.00) on shares of Equinix in a report on Thursday, August 3rd. Five equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $464.78.

About Equinix

Equinix, Inc (Equinix) connects businesses with partners and customers worldwide through a global platform of data centers. The Company connects approximately 4000 customers, across the Americas, Europe, Middle East and Africa (EMEA) and Asia-Pacific. Platform Equinix combines international business exchange (IBX) data centers, a global footprint and ecosystems.

Insider Buying and Selling by Quarter for Equinix (NASDAQ:EQIX)

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