Equinix (NASDAQ:EQIX) Chairman Charles Meyers Sells 2,716 Shares

04 Mar 2026, 18:10 by Amy Steele · The Cerbat Gem

Equinix, Inc. (NASDAQ:EQIX – Get Free Report) Chairman Charles Meyers sold 2,716 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $965.15, for a total transaction of $2,621,347.40. Following the transaction, the chairman directly owned 12,594 shares of the company’s stock, valued at $12,155,099.10. This represents a 17.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Equinix Stock Performance

Shares of NASDAQ:EQIX traded down $2.97 during mid-day trading on Wednesday, reaching $969.04. The company had a trading volume of 624,683 shares, compared to its average volume of 658,270. Equinix, Inc. has a one year low of $701.41 and a one year high of $992.90. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.40. The company’s 50-day moving average price is $840.48 and its 200-day moving average price is $803.89. The firm has a market cap of $95.21 billion, a price-to-earnings ratio of 70.48, a PEG ratio of 2.48 and a beta of 1.04.

Equinix (NASDAQ:EQIX – Get Free Report) last released its earnings results on Wednesday, February 11th. The financial services provider reported $8.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.07 by ($0.16). The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.46 billion. Equinix had a return on equity of 9.60% and a net margin of 14.65%.The business’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the business earned $7.92 earnings per share. As a group, equities research analysts anticipate that Equinix, Inc. will post 33.1 EPS for the current fiscal year.

Equinix Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, February 25th will be issued a $5.16 dividend. This is an increase from Equinix’s previous quarterly dividend of $4.69. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $20.64 annualized dividend and a yield of 2.1%. Equinix’s payout ratio is 150.11%.

Analyst Ratings Changes

EQIX has been the subject of a number of research reports. Morgan Stanley reiterated an “overweight” rating and set a $1,075.00 target price on shares of Equinix in a research report on Friday, February 13th. BMO Capital Markets raised their price objective on shares of Equinix from $925.00 to $1,050.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. Zacks Research cut shares of Equinix from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. Jefferies Financial Group increased their target price on Equinix from $950.00 to $1,000.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Equinix in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,001.41.

Read Our Latest Report on Equinix

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Campbell & CO Investment Adviser LLC increased its stake in Equinix by 21.1% in the second quarter. Campbell & CO Investment Adviser LLC now owns 384 shares of the financial services provider’s stock valued at $305,000 after acquiring an additional 67 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in Equinix by 1.4% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 544,462 shares of the financial services provider’s stock worth $426,444,000 after purchasing an additional 7,409 shares during the last quarter. Chilton Capital Management LLC boosted its holdings in shares of Equinix by 5.1% in the 3rd quarter. Chilton Capital Management LLC now owns 36,908 shares of the financial services provider’s stock worth $28,908,000 after purchasing an additional 1,805 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Equinix by 25.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,875,355 shares of the financial services provider’s stock valued at $2,252,094,000 after purchasing an additional 588,967 shares during the last quarter. Finally, Foresight Group Ltd Liability Partnership raised its holdings in shares of Equinix by 10.0% during the 3rd quarter. Foresight Group Ltd Liability Partnership now owns 26,139 shares of the financial services provider’s stock valued at $20,425,000 after buying an additional 2,378 shares in the last quarter. 94.94% of the stock is owned by institutional investors.

Equinix Company Profile

(Get Free Report)

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.