Quotient Wealth Partners LLC Buys 27 Shares of Equinix, Inc. (NASDAQ:EQIX)

Quotient Wealth Partners LLC raised its stake in shares of Equinix, Inc. (NASDAQ:EQIX) by 11.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 269 shares of the financial services provider’s stock after purchasing an additional 27 shares during the period. Quotient Wealth Partners LLC’s holdings in Equinix were worth $254,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. GHP Investment Advisors Inc. boosted its holdings in Equinix by 50.0% in the 3rd quarter. GHP Investment Advisors Inc. now owns 39 shares of the financial services provider’s stock worth $35,000 after buying an additional 13 shares during the period. Fortitude Family Office LLC lifted its position in shares of Equinix by 50.0% in the third quarter. Fortitude Family Office LLC now owns 39 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 13 shares in the last quarter. Dunhill Financial LLC lifted its position in shares of Equinix by 108.7% in the third quarter. Dunhill Financial LLC now owns 48 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 25 shares in the last quarter. Webster Bank N. A. boosted its stake in shares of Equinix by 112.5% in the third quarter. Webster Bank N. A. now owns 51 shares of the financial services provider’s stock worth $45,000 after acquiring an additional 27 shares during the period. Finally, Thompson Investment Management Inc. purchased a new stake in shares of Equinix during the fourth quarter worth about $47,000. Institutional investors own 94.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on EQIX. Stifel Nicolaus boosted their price target on Equinix from $995.00 to $1,080.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. BMO Capital Markets boosted their target price on shares of Equinix from $975.00 to $1,020.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Moffett Nathanson raised shares of Equinix from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 5th. Barclays boosted their price target on shares of Equinix from $810.00 to $822.00 and gave the stock an “equal weight” rating in a research note on Monday, November 18th. Finally, JMP Securities restated a “market outperform” rating and set a $1,200.00 price objective on shares of Equinix in a research report on Thursday, February 6th. Three analysts have rated the stock with a hold rating, fifteen have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $996.06.

Equinix Trading Up 1.1 %

EQIX stock opened at $943.14 on Tuesday. Equinix, Inc. has a twelve month low of $684.14 and a twelve month high of $994.03. The stock has a market capitalization of $91.00 billion, a price-to-earnings ratio of 85.04, a price-to-earnings-growth ratio of 2.23 and a beta of 0.72. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.12. The firm’s fifty day simple moving average is $938.36 and its two-hundred day simple moving average is $892.05.

Insider Buying and Selling

In related news, CFO Keith D. Taylor sold 3,184 shares of the business’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $909.82, for a total transaction of $2,896,866.88. Following the completion of the transaction, the chief financial officer now owns 22,076 shares in the company, valued at $20,085,186.32. The trade was a 12.60 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Raouf Abdel sold 1,331 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $903.71, for a total value of $1,202,838.01. Following the completion of the sale, the executive vice president now owns 6,579 shares in the company, valued at approximately $5,945,508.09. The trade was a 16.83 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 16,801 shares of company stock valued at $15,530,564. Company insiders own 0.27% of the company’s stock.

Equinix Profile

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.