13,781 Equinix, Inc. $EQIX Shares Sold by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management reduced its Equinix stake by 12.2%, selling 13,781 shares and retaining 99,190 shares valued at approximately $100.3 million. Institutional investors and hedge funds collectively own 94.94% of the company.
• Equinix insiders sold 4,770 shares worth about $4.9 million over the past 90 days, while insiders own just 0.27% of the stock.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $1,215.68. The company recently reported quarterly revenue growth of 16.4% and earnings that exceeded estimates, alongside a $5.16-per-share quarterly dividend.

Robeco Institutional Asset Management B.V. lowered its stake in shares of Equinix, Inc. (NASDAQ:EQIX - Free Report) by 12.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 99,190 shares of the financial services provider's stock after selling 13,781 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.10% of Equinix worth $100,339,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of EQIX. SJS Investment Consulting Inc. raised its position in shares of Equinix by 27.3% during the first quarter. SJS Investment Consulting Inc. now owns 42 shares of the financial services provider's stock valued at $41,000 after buying an additional 9 shares during the last quarter. Fulton Bank N.A. lifted its stake in shares of Equinix by 3.1% in the second quarter. Fulton Bank N.A. now owns 328 shares of the financial services provider's stock valued at $342,000 after buying an additional 10 shares during the period. Avion Wealth grew its position in 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 in the last quarter. High Net Worth Advisory Group LLC grew its position in Equinix by 5.3% during the second quarter. High Net Worth Advisory Group LLC now owns 219 shares of the financial services provider's stock worth $229,000 after buying an additional 11 shares in the last quarter. Finally, Angeles Wealth Management LLC increased its stake in Equinix by 3.7% during the second quarter. Angeles Wealth Management LLC now owns 310 shares of the financial services provider's stock valued at $323,000 after acquiring an additional 11 shares during the period. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Equinix news, Director Christopher B. Paisley sold 4,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $1,019.28, for a total transaction of $4,077,120.00. Following the completion of the transaction, the director directly owned 13,859 shares in the company, valued at $14,126,201.52. This represents a 22.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michael Paladin sold 307 shares of Equinix stock in a transaction on Friday, September 4th. The shares were sold at an average price of $1,035.01, for a total value of $317,748.07. Following the transaction, the insider directly owned 2,450 shares of the company's stock, valued at approximately $2,535,774.50. The trade was a 11.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 4,770 shares of company stock worth $4,884,197 in the last 90 days. 0.27% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have commented on the company. BMO Capital Markets upped their price target on Equinix from $1,225.00 to $1,250.00 and gave the company an "outperform" rating in a report on Thursday, July 30th. Citigroup reissued a "market outperform" rating on shares of Equinix in a report on Tuesday, August 4th. Jefferies Financial Group restated a "buy" rating and set a $1,340.00 price objective (up from $1,300.00) on shares of Equinix in a research report on Thursday, July 30th. Sanford C. Bernstein upped their target price on Equinix from $1,222.00 to $1,270.00 and gave the company an "outperform" rating in a research note on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $1,270.00 target price (up from $1,207.00) on shares of Equinix in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $1,215.68.

Equinix Stock Performance

NASDAQ:EQIX opened at $995.00 on Thursday. Equinix, Inc. has a 12-month low of $720.62 and a 12-month high of $1,128.68. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.44. The firm has a market capitalization of $98.18 billion, a PE ratio of 64.07, a price-to-earnings-growth ratio of 1.41 and a beta of 0.98. The firm has a 50-day moving average price of $1,034.70 and a 200 day moving average price of $1,049.97.

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

Equinix Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 16th. Investors of record on Wednesday, August 19th were given a dividend of $5.16 per share. This represents a $20.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Wednesday, August 19th. Equinix's dividend payout ratio (DPR) is 132.90%.

Equinix Profile

Equinix, Inc is a global digital infrastructure company that operates data centers where businesses, cloud providers, telecommunications carriers and other organizations can securely house and connect their information technology systems. Its International Business Exchange (IBX) data centers provide colocation services, allowing customers to place equipment in highly connected facilities without building and operating their own sites.

The company also provides interconnection and networking services, including Equinix Fabric, which enables customers to establish virtual connections among data centers, cloud platforms, networks and business partners.

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