Equinix, Inc. $EQIX Shares Bought by Childress Capital Advisors LLC

Childress Capital Advisors LLC increased its position in shares of Equinix, Inc. (NASDAQ:EQIX) by 18.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 331 shares of the financial services provider’s stock after acquiring an additional 51 shares during the period. Childress Capital Advisors LLC’s holdings in Equinix were worth $263,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Equinix by 28.9% during the fourth quarter. Brighton Jones LLC now owns 326 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 73 shares in the last quarter. Merit Financial Group LLC lifted its holdings in Equinix by 29.7% during the 1st quarter. Merit Financial Group LLC now owns 1,122 shares of the financial services provider’s stock worth $915,000 after buying an additional 257 shares in the last quarter. Whipplewood Advisors LLC lifted its holdings in Equinix by 127.8% during the 1st quarter. Whipplewood Advisors LLC now owns 41 shares of the financial services provider’s stock worth $33,000 after buying an additional 23 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in Equinix by 21.0% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 1,944 shares of the financial services provider’s stock worth $1,585,000 after buying an additional 337 shares in the last quarter. Finally, Iams Wealth Management LLC lifted its holdings in Equinix by 17.5% during the 1st quarter. Iams Wealth Management LLC now owns 1,376 shares of the financial services provider’s stock worth $1,122,000 after buying an additional 205 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Equinix Stock Down 1.2%

EQIX stock opened at $773.95 on Thursday. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29. Equinix, Inc. has a twelve month low of $701.41 and a twelve month high of $994.03. The company’s 50 day moving average is $782.97 and its two-hundred day moving average is $815.50. The stock has a market cap of $75.74 billion, a P/E ratio of 75.80, a PEG ratio of 1.40 and a beta of 0.92.

Equinix (NASDAQ:EQIX) last released its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share for the quarter, topping 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 company had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter last year, the company earned $9.22 earnings per share. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. Research analysts expect that Equinix, Inc. will post 33.1 earnings per share for the current fiscal year.

Equinix Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th were given a dividend of $4.69 per share. The ex-dividend date was Wednesday, August 20th. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.4%. Equinix’s payout ratio is 183.74%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. JPMorgan Chase & Co. increased their price objective on Equinix from $935.00 to $940.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Scotiabank reduced their price target on Equinix from $1,030.00 to $965.00 and set a “sector outperform” rating on the stock in a research report on Thursday, June 26th. Barclays increased their price target on Equinix from $798.00 to $804.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 20th. JMP Securities reaffirmed a “market outperform” rating and issued a $1,200.00 price target on shares of Equinix in a research report on Tuesday, July 22nd. Finally, UBS Group reduced their target price on shares of Equinix from $1,035.00 to $950.00 and set a “buy” rating on the stock in a report on Friday, July 11th. Five research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Equinix presently has a consensus rating of “Buy” and an average target price of $962.52.

Insider Transactions at Equinix

In other Equinix news, Director Christopher B. Paisley sold 75 shares of Equinix stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $781.50, for a total transaction of $58,612.50. Following the transaction, the director owned 17,832 shares of the company’s stock, valued at $13,935,708. The trade was a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Raouf Abdel sold 404 shares of Equinix 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 transaction, the executive vice president directly owned 6,378 shares in the company, valued at approximately $4,918,139.58. This trade represents a 5.96% decrease in their position. The disclosure for this sale can be found here. 0.27% of the stock is currently owned by insiders.

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.