Equinix, Inc. $EQIX Shares Purchased by Russell Investments Group Ltd.

Russell Investments Group Ltd. raised its stake in Equinix, Inc. (NASDAQ:EQIXFree Report) by 2.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 484,094 shares of the financial services provider’s stock after acquiring an additional 12,481 shares during the quarter. Equinix accounts for about 0.4% of Russell Investments Group Ltd.’s portfolio, making the stock its 24th largest position. Russell Investments Group Ltd.’s holdings in Equinix were worth $379,118,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ameriflex Group Inc. raised its holdings in shares of Equinix by 433.3% during the 3rd quarter. Ameriflex Group Inc. now owns 32 shares of the financial services provider’s stock valued at $25,000 after buying an additional 26 shares during the period. Atlantic Union Bankshares Corp purchased a new position in Equinix in the 2nd quarter worth approximately $26,000. Abound Wealth Management boosted its holdings in Equinix by 209.1% in the 3rd quarter. Abound Wealth Management now owns 34 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 23 shares during the period. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Equinix in the second quarter valued at approximately $28,000. Finally, Golden State Wealth Management LLC grew its position in Equinix by 1,466.7% in the second quarter. Golden State Wealth Management LLC now owns 47 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Equinix Stock Performance

Shares of EQIX opened at $936.90 on Monday. The firm has a market cap of $92.05 billion, a price-to-earnings ratio of 68.14, a PEG ratio of 2.41 and a beta of 1.04. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.40. The business’s 50 day moving average is $852.09 and its two-hundred day moving average is $807.69. Equinix, Inc. has a 52-week low of $701.41 and a 52-week high of $992.90.

Equinix (NASDAQ:EQIXGet Free Report) last released its quarterly earnings results on Wednesday, February 11th. The financial services provider reported $8.91 earnings per share for the quarter, missing analysts’ consensus estimates of $9.07 by ($0.16). The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. Equinix had a return on equity of 9.60% and a net margin of 14.65%.The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the business posted $7.92 EPS. Analysts forecast that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, February 25th will be issued a dividend of $5.16 per share. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $20.64 annualized dividend and a yield of 2.2%. This is an increase from Equinix’s previous quarterly dividend of $4.69. Equinix’s dividend payout ratio (DPR) is 150.11%.

Key Stories Impacting Equinix

Here are the key news stories impacting Equinix this week:

  • Positive Sentiment: Sanford C. Bernstein initiated/covered EQIX and set a high price target (strong‑buy / outperform), signaling material upside potential and boosting investor confidence. Bernstein Coverage
  • Positive Sentiment: Moody’s upgraded Equinix’s senior unsecured rating to Baa1 with a stable outlook — this improves perceived credit quality and lowers refinancing/credit risk. Moody’s Upgrade
  • Neutral Sentiment: Equinix closed an offering of $1.5B of senior notes (2031 & 2033 maturities at ~4.40%–4.70%), which secures funding for growth/refinancing but increases long‑term debt load. Investors will weigh use of proceeds vs. added leverage. Senior Notes Close
  • Neutral Sentiment: Some outlets reported the note issuance and company filings (additional coverage via TipRanks/FinanzNachrichten), reinforcing the financing story but adding little new information. TipRanks on Notes
  • Neutral Sentiment: Reported short‑interest data appears anomalous (shows 0 shares / NaN change); treat that data with caution — no clear shorting pressure signal. Zacks Note on Price Move
  • Negative Sentiment: Insider selling: Chairman Charles Meyers sold ~2,716 shares and several execs reportedly sold stock recently. Executive share sales can spook investors even if pre‑planned. Insider Filing

Insider Buying and Selling

In other news, insider Brandi Galvin Morandi sold 1,333 shares of the stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $804.25, for a total transaction 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. This trade represents a 12.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Adaire Fox-Martin sold 2,670 shares of Equinix stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $804.08, for a total value of $2,146,893.60. Following the completion of the transaction, the chief executive officer owned 14,857 shares of the company’s stock, valued at $11,946,216.56. This trade represents a 15.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 13,602 shares of company stock worth $11,369,645. 0.27% of the stock is currently owned by insiders.

Analysts Set New Price Targets

EQIX has been the topic of a number of recent research reports. Guggenheim boosted their target price on shares of Equinix from $933.00 to $985.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. The Goldman Sachs Group raised their price target on shares of Equinix from $785.00 to $894.00 and gave the company a “neutral” rating in a report on Thursday, February 12th. Wall Street Zen downgraded shares of Equinix from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. BMO Capital Markets boosted their price objective on shares of Equinix from $925.00 to $1,050.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. Finally, UBS Group upped their price objective on shares of Equinix from $950.00 to $1,010.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,006.91.

Check Out Our Latest Stock Report on EQIX

About Equinix

(Free Report)

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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Want to see what other hedge funds are holding EQIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equinix, Inc. (NASDAQ:EQIXFree Report).

Institutional Ownership by Quarter for Equinix (NASDAQ:EQIX)

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