MASTERINVEST Kapitalanlage GmbH Takes $2.38 Million Position in Equinix, Inc. $EQIX

MASTERINVEST Kapitalanlage GmbH purchased a new stake in Equinix, Inc. (NASDAQ:EQIX) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 2,286 shares of the financial services provider’s stock, valued at approximately $2,383,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Avion Wealth boosted its stake in shares of Equinix by 73.3% during the first quarter. Avion Wealth now owns 26 shares of the financial services provider’s stock worth $25,000 after buying an additional 11 shares during the period. Elevation Wealth Partners LLC increased its position in Equinix by 166.7% in the 2nd quarter. Elevation Wealth Partners LLC now owns 24 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 15 shares during the period. Kemnay Advisory Services Inc. purchased a new stake in Equinix during the 4th quarter valued at approximately $30,000. Physician Wealth Advisors Inc. raised its stake in Equinix by 266.7% during the 1st quarter. Physician Wealth Advisors Inc. now owns 33 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 24 shares during the last quarter. Finally, Trust Co. of Vermont acquired a new stake in Equinix during the 2nd quarter worth approximately $34,000. 94.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on EQIX. Citigroup reiterated a “market outperform” rating on shares of Equinix in a research note on Tuesday, August 4th. BTIG Research assumed coverage on Equinix in a report on Friday, July 10th. They set a “buy” rating and a $1,210.00 price target for the company. Evercore reiterated an “outperform” rating and issued a $1,270.00 price objective on shares of Equinix in a research report on Tuesday, August 18th. Zacks Research cut shares of Equinix from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 15th. Finally, Cantor Fitzgerald upped their price objective on shares of Equinix from $1,186.00 to $1,211.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,203.40.

Equinix Stock Performance

NASDAQ EQIX opened at $1,076.45 on Friday. The stock has a market capitalization of $106.22 billion, a price-to-earnings ratio of 69.31, a PEG ratio of 1.53 and a beta of 0.99. The business’s 50 day moving average is $1,051.56 and its two-hundred day moving average is $1,031.20. Equinix, Inc. has a 12-month low of $720.62 and a 12-month high of $1,128.68. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.44.

Equinix (NASDAQ:EQIX) last posted its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $11.78 EPS for the quarter, beating the consensus estimate of $4.73 by $7.05. Equinix had a return on equity of 10.76% and a net margin of 15.64%.The business had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.59 billion. During the same period last year, the firm earned $9.91 EPS. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. Equinix has set its FY 2026 guidance at 42.690-43.290 EPS. Research analysts expect that Equinix, Inc. will post 38.23 EPS for the current year.

Equinix Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, August 19th will be issued a $5.16 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $20.64 dividend on an annualized basis and a yield of 1.9%. Equinix’s dividend payout ratio (DPR) is 132.90%.

Insiders Place Their Bets

In related news, insider Brandi Galvin Morandi sold 3,726 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $1,076.36, for a total value of $4,010,517.36. Following the completion of the sale, the insider owned 6,132 shares in the company, valued at $6,600,239.52. This trade represents a 37.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kurt Pletcher sold 135 shares of the company’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $1,075.50, for a total transaction of $145,192.50. Following the transaction, the insider owned 4,077 shares in the company, valued at $4,384,813.50. The trade was a 3.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 7,986 shares of company stock worth $8,370,777. Corporate insiders own 0.27% of the company’s stock.

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.