Twin Tree Management LP Takes $830,000 Position in Equinix, Inc. $EQIX

Key Points

• Twin Tree Management LP acquired 1,018 shares of Equinix, Inc. valued at approximately $830,000 in the first quarter of the year.
• Several institutional investors significantly increased their stakes in Equinix, with GAMMA Investing LLC boosting its stake by 82,340.9%, now holding shares worth about $725.96 million.
• Equinix recently reported earnings of $9.91 per share, exceeding estimates, along with guidance for Q3 2025 and a dividend of $4.69 per share scheduled for distribution on September 17th.

Twin Tree Management LP acquired a new position in shares of Equinix, Inc. (NASDAQ:EQIX - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,018 shares of the financial services provider's stock, valued at approximately $830,000.

Other large investors also recently added to or reduced their stakes in the company. Pinney & Scofield Inc. bought a new stake in Equinix during the fourth quarter worth approximately $28,000. Activest Wealth Management increased its stake in Equinix by 121.4% during the first quarter. Activest Wealth Management now owns 31 shares of the financial services provider's stock worth $25,000 after acquiring an additional 17 shares during the last quarter. GKV Capital Management Co. Inc. bought a new stake in Equinix during the first quarter worth approximately $30,000. Pacific Center for Financial Services increased its stake in Equinix by 65.2% during the fourth quarter. Pacific Center for Financial Services now owns 38 shares of the financial services provider's stock worth $36,000 after acquiring an additional 15 shares during the last quarter. Finally, Whipplewood Advisors LLC increased its stake in Equinix by 127.8% during the first quarter. Whipplewood Advisors LLC now owns 41 shares of the financial services provider's stock worth $33,000 after acquiring an additional 23 shares during the last quarter. 94.94% of the stock is owned by institutional investors.

Equinix Trading Up 0.7%

Shares of NASDAQ EQIX traded up $5.75 during trading hours on Friday, reaching $773.68. The stock had a trading volume of 321,970 shares, compared to its average volume of 378,185. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29. The firm has a market cap of $75.72 billion, a price-to-earnings ratio of 75.78, a P/E/G ratio of 1.37 and a beta of 0.92. The business's fifty day moving average price is $780.36 and its two-hundred day moving average price is $828.37. Equinix, Inc. has a 52-week low of $701.41 and a 52-week high of $994.03.

Equinix (NASDAQ:EQIX - Get Free Report) 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. The firm had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.26 billion. Equinix had a return on equity of 7.22% and a net margin of 11.11%.Equinix's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $9.22 earnings per share. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. Analysts expect that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, August 20th will be issued a $4.69 dividend. The ex-dividend date is 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 presently 183.74%.

Insider Activity

In other news, Director Christopher B. Paisley sold 75 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $781.50, for a total transaction of $58,612.50. Following the transaction, the director directly owned 17,832 shares in the company, valued at approximately $13,935,708. This trade represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.27% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on EQIX. JPMorgan Chase & Co. raised their price objective on shares of Equinix from $935.00 to $940.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Wells Fargo & Company cut their target price on Equinix from $1,065.00 to $925.00 and set an "overweight" rating on the stock in a research note on Thursday, June 26th. The Goldman Sachs Group cut their target price on Equinix from $1,020.00 to $880.00 and set a "buy" rating on the stock in a research note on Wednesday, July 2nd. JMP Securities reaffirmed a "market outperform" rating and set a $1,200.00 target price on shares of Equinix in a research note on Tuesday, July 22nd. Finally, Truist Financial upped their target price on Equinix from $904.00 to $961.00 and gave the company a "buy" rating in a research note on Thursday, August 7th. Five investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Equinix presently has a consensus rating of "Buy" and an average target price of $962.52.

About Equinix

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.