547 Equinix, Inc. $EQIX Shares Acquired by S.E.E.D. Planning Group LLC

S.E.E.D. Planning Group LLC increased its position in Equinix, Inc. (NASDAQ:EQIX) by 13.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,567 shares of the financial services provider’s stock after acquiring an additional 547 shares during the period. Equinix makes up 1.1% of S.E.E.D. Planning Group LLC’s portfolio, making the stock its 25th biggest position. S.E.E.D. Planning Group LLC’s holdings in Equinix were worth $4,620,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Equinix during the second quarter valued at approximately $11,930,074,000. Cohen & Steers Inc. increased its position in Equinix by 23.3% in the 4th quarter. Cohen & Steers Inc. now owns 2,609,011 shares of the financial services provider’s stock valued at $1,998,978,000 after acquiring an additional 493,141 shares during the period. Principal Financial Group Inc. raised its stake in Equinix by 1.4% during the 1st quarter. Principal Financial Group Inc. now owns 1,980,497 shares of the financial services provider’s stock valued at $1,941,377,000 after acquiring an additional 27,643 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Equinix by 26,831.6% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,239,122 shares of the financial services provider’s stock worth $1,291,648,000 after acquiring an additional 1,234,521 shares during the period. Finally, Legal & General Group Plc acquired a new position in Equinix during the 2nd quarter worth $1,181,260,000. 94.94% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Equinix

In related news, Director Christopher B. Paisley sold 125 shares of Equinix stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $1,103.58, for a total value of $137,947.50. Following the transaction, the director owned 13,734 shares of the company’s stock, valued at approximately $15,156,567.72. This trade represents a 0.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 shares were sold at an average price of $1,075.50, for a total transaction of $145,192.50. Following the sale, the insider directly owned 4,077 shares of the company’s stock, valued at $4,384,813.50. This represents a 3.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 4,770 shares of company stock valued at $4,884,197 in the last three months. 0.27% of the stock is currently owned by corporate insiders.

Equinix Price Performance

Shares of NASDAQ:EQIX traded down $10.97 during trading hours on Wednesday, hitting $1,036.38. 138,042 shares of the company’s stock traded hands, compared to its average volume of 588,248. The company’s fifty day simple moving average is $1,042.65 and its two-hundred day simple moving average is $1,047.44. The company has a market cap of $102.26 billion, a price-to-earnings ratio of 66.73, a price-to-earnings-growth ratio of 1.46 and a beta of 0.98. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.13 and a current ratio of 1.13. Equinix, Inc. has a 52 week low of $720.62 and a 52 week high of $1,128.68.

Equinix (NASDAQ:EQIX) last released its 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. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.59 billion. Equinix had a net margin of 15.64% and a return on equity of 10.76%. The business’s quarterly revenue was up 16.4% on a year-over-year basis. During the same period in the prior year, the business earned $9.91 earnings per share. Equinix has set its FY 2026 guidance at 42.690-43.290 EPS. As a group, equities analysts anticipate that Equinix, Inc. will post 38.23 EPS for the current fiscal year.

Equinix Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 16th. Stockholders of record on Wednesday, August 19th were paid a dividend of $5.16 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $20.64 annualized dividend and a dividend yield of 2.0%. Equinix’s dividend payout ratio (DPR) is currently 132.90%.

Analyst Upgrades and Downgrades

EQIX has been the topic of a number of recent analyst reports. UBS Group upped their price objective on shares of Equinix from $1,210.00 to $1,265.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Jefferies Financial Group restated a “buy” rating and set a $1,340.00 price target on shares of Equinix in a research report on Thursday, July 30th. Royal Bank Of Canada increased their price objective on shares of Equinix from $1,125.00 to $1,225.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $1,270.00 price objective on shares of Equinix in a research note on Monday, August 3rd. Finally, Barclays upped their target price on Equinix from $1,130.00 to $1,135.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Equinix has an average rating of “Moderate Buy” and an average target price of $1,206.96.

Equinix Profile

Equinix, Inc is a global digital infrastructure company that operates data centers and provides colocation, interconnection and related services. Its International Business Exchange (IBX) data centers allow businesses, cloud providers, network operators, financial institutions and government organizations to deploy and connect critical information technology infrastructure.

The company’s services include space, power and physical security for customer equipment, as well as private connections to cloud and network providers.