Oppenheimer & Co. Inc. Makes New Investment in Equinix, Inc. (NASDAQ:EQIX)

Oppenheimer & Co. Inc. acquired a new position in Equinix, Inc. (NASDAQ:EQIX – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,947 shares of the financial services provider’s stock, valued at approximately $3,743,000. Several other large investors have also [...]

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Oppenheimer & Co. Inc. acquired a new position in Equinix, Inc.

( NASDAQ:EQIX – Free Report ) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,947 shares of the financial services provider’s stock, valued at approximately $3,743,000. Several other large investors have also recently modified their holdings of EQIX.



PFG Advisors raised its holdings in Equinix by 6.9% during the 2nd quarter. PFG Advisors now owns 1,458 shares of the financial services provider’s stock valued at $1,103,000 after buying an additional 94 shares during the period.

Johnson Investment Counsel Inc. raised its holdings in Equinix by 38.0% during the 2nd quarter.

Johnson Investment Counsel Inc. now owns 1,920 shares of the financial services provider’s stock valued at $1,453,000 after buying an additional 529 shares during the period. Blue Square Asset Management LLC raised its holdings in Equinix by 4.

5% during the 2nd quarter. Blue Square Asset Management LLC now owns 2,157 shares of the financial services provider’s stock valued at $1,632,000 after buying an additional 92 shares during the period. Headlands Technologies LLC purchased a new stake in Equinix during the 2nd quarter valued at $1,272,000.

Finally, Andra AP fonden purchased a new stake in Equinix during the 2nd quarter valued at $2,497,000. Institutional investors own 94.94% of the company’s stock.

Insider Activity at Equinix In other Equinix news, EVP Jonathan Lin sold 93 shares of the firm’s stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $820.99, for a total value of $76,352.

07. Following the completion of the sale, the executive vice president now owns 7,141 shares of the company’s stock, valued at $5,862,689.59.

The sale was disclosed in a filing with the SEC, which is available through this hyperlink . In other Equinix news, insider Meredith Williamson sold 576 shares of the firm’s stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $824.

19, for a total value of $474,733.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link .

Also, EVP Jonathan Lin sold 93 shares of the firm’s stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $820.99, for a total value of $76,352.

07. Following the completion of the sale, the executive vice president now directly owns 7,141 shares of the company’s stock, valued at approximately $5,862,689.59.

The disclosure for this sale can be found here . Insiders have sold a total of 10,043 shares of company stock valued at $8,282,119 over the last quarter. 0.

27% of the stock is owned by corporate insiders. Wall Street Analyst Weigh In View Our Latest Stock Report on Equinix Equinix Price Performance Shares of EQIX stock opened at $871.54 on Monday.

Equinix, Inc. has a 1-year low of $677.80 and a 1-year high of $914.

93. The stock’s 50-day moving average is $811.47 and its 200 day moving average is $792.

85. The company has a market cap of $82.74 billion, a P/E ratio of 87.

42, a PEG ratio of 2.11 and a beta of 0.71.

The company has a debt-to-equity ratio of 1.26, a current ratio of 1.22 and a quick ratio of 1.

22. Equinix ( NASDAQ:EQIX – Get Free Report ) last issued its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $3.

16 earnings per share for the quarter, missing analysts’ consensus estimates of $7.88 by ($4.72).

Equinix had a net margin of 12.24% and a return on equity of 8.46%.

The company had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.16 billion.

During the same period in the previous year, the business earned $8.04 EPS. Equinix’s revenue for the quarter was up 6.

9% compared to the same quarter last year. Research analysts predict that Equinix, Inc. will post 31.

01 earnings per share for the current fiscal year. Equinix Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 18th. Investors of record on Wednesday, August 21st will be given a dividend of $4.

26 per share. This represents a $17.04 dividend on an annualized basis and a yield of 1.

96%. The ex-dividend date of this dividend is Wednesday, August 21st. Equinix’s payout ratio is currently 170.

91%. About Equinix ( Free Report ) 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. Featured Articles Receive News & Ratings for Equinix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equinix and related companies with MarketBeat.com's FREE daily email newsletter .

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