Equinix, Inc. $EQIX Shares Acquired by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC increased its position in Equinix, Inc. (NASDAQ:EQIX) by 31.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 643 shares of the financial services provider’s stock after purchasing an additional 152 shares during the period. Sage Mountain Advisors LLC’s holdings in Equinix were worth $511,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC lifted its stake in Equinix by 40.0% in the first quarter. Cornerstone Planning Group LLC now owns 42 shares of the financial services provider’s stock valued at $34,000 after buying an additional 12 shares during the last quarter. Signaturefd LLC increased its holdings in shares of Equinix by 0.8% in the 1st quarter. Signaturefd LLC now owns 1,450 shares of the financial services provider’s stock valued at $1,182,000 after acquiring an additional 12 shares during the period. AE Wealth Management LLC raised its position in Equinix by 5.1% in the 1st quarter. AE Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $202,000 after purchasing an additional 12 shares during the last quarter. Gitterman Wealth Management LLC boosted its stake in Equinix by 5.0% during the 1st quarter. Gitterman Wealth Management LLC now owns 250 shares of the financial services provider’s stock worth $206,000 after purchasing an additional 12 shares during the period. Finally, Quent Capital LLC boosted its stake in Equinix by 4.8% during the 2nd quarter. Quent Capital LLC now owns 286 shares of the financial services provider’s stock worth $228,000 after purchasing an additional 13 shares during the period. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Equinix Price Performance

Equinix stock opened at $839.49 on Friday. The company has a market cap of $82.15 billion, a P/E ratio of 82.22, a price-to-earnings-growth ratio of 1.45 and a beta of 0.92. Equinix, Inc. has a one year low of $701.41 and a one year high of $994.03. The business has a fifty day moving average of $791.39 and a two-hundred day moving average of $814.98. 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 (NASDAQ:EQIX) last announced its quarterly 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 during the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter last year, the firm posted $9.22 EPS. The business’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. As a group, analysts predict that Equinix, Inc. will post 33.1 earnings per share for the current fiscal year.

Equinix Dividend Announcement

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

Insider Activity at Equinix

In related news, EVP Raouf Abdel sold 404 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total value of $311,528.44. Following the completion of the transaction, the executive vice president directly owned 6,378 shares of the company’s stock, valued at $4,918,139.58. This trade represents a 5.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Christopher B. Paisley sold 75 shares of the business’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $781.50, for a total transaction of $58,612.50. Following the completion of the sale, the director owned 17,832 shares in the company, valued at $13,935,708. This represents a 0.42% decrease in their ownership of the stock. 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. Cowen reiterated a “buy” rating on shares of Equinix in a research note on Thursday, July 3rd. Wall Street Zen cut Equinix from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. Barclays lifted their target price on Equinix from $798.00 to $804.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 20th. Dbs Bank upgraded Equinix to a “moderate buy” rating in a research note on Wednesday, August 6th. Finally, Morgan Stanley assumed coverage on shares of Equinix in a research report on Thursday, October 16th. They issued an “overweight” rating and a $950.00 price objective on the stock. Five equities research 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $957.38.

Equinix 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.