Equinix Inc (NASDAQ:EQIX) CFO Keith D. Taylor sold 4,546 shares of the company’s stock in a transaction on Tuesday, January 19th. The shares were sold at an average price of $295.06, for a total transaction of $1,341,342.76. Following the completion of the sale, the chief financial officer now owns 49,077 shares of the company’s stock, valued at approximately $14,480,659.62. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Keith D. Taylor also recently made the following trade(s):

  • On Friday, January 8th, Keith D. Taylor sold 1,000 shares of Equinix stock. The stock was sold at an average price of $309.09, for a total transaction of $309,090.00.

Equinix Inc (NASDAQ:EQIX) opened at 297.05 on Monday. Equinix Inc has a 12-month low of $213.89 and a 12-month high of $318.36. The company’s market capitalization is $17.02 billion. The firm has a 50-day moving average of $299.58 and a 200 day moving average of $285.72.

Equinix (NASDAQ:EQIX) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $3.55 earnings per share for the quarter, beating the consensus estimate of $3.39 by $0.16. During the same period last year, the firm posted $0.81 earnings per share. The company earned $686.70 million during the quarter, compared to the consensus estimate of $684.49 million. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. Analysts forecast that Equinix Inc will post $14.28 EPS for the current fiscal year.

Several hedge funds and institutional investors have modified their holdings of the stock. Benjamin F. Edwards & Company acquired a new position in shares of Equinix during the fourth quarter worth about $0. MUFG Americas boosted its position in shares of Equinix by 124.2% in the third quarter. MUFG Americas now owns 742 shares of the company’s stock worth $202,000 after buying an additional 411 shares in the last quarter. Raymond James Trust boosted its position in shares of Equinix by 25.3% in the fourth quarter. Raymond James Trust now owns 1,046 shares of the company’s stock worth $316,000 after buying an additional 211 shares in the last quarter. ID Management A boosted its position in shares of Equinix by 2.7% in the fourth quarter. ID Management A now owns 1,335 shares of the company’s stock worth $404,000 after buying an additional 35 shares in the last quarter. Finally, Commonwealth Equity Services boosted its position in shares of Equinix by 8.0% in the fourth quarter. Commonwealth Equity Services now owns 2,015 shares of the company’s stock worth $609,000 after buying an additional 149 shares in the last quarter.

A number of equities analysts recently weighed in on EQIX shares. Canaccord Genuity reaffirmed a “buy” rating and issued a $315.00 target price on shares of Equinix in a research note on Monday, October 26th. Zacks Investment Research lowered shares of Equinix from a “buy” rating to a “sell” rating in a research note on Tuesday, October 27th. RBC Capital upped their target price on shares of Equinix from $310.00 to $325.00 and gave the stock an “outperform” rating in a research note on Thursday, October 29th. Cowen and Company upped their target price on shares of Equinix from $263.00 to $300.00 and gave the stock a “market perform” rating in a research note on Thursday, October 29th. Finally, Jefferies Group upped their target price on shares of Equinix from $315.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, October 29th. Eight research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $313.03.

Equinix, Inc. (NASDAQ:EQIX) connects businesses with partners and customers worldwide through a global platform of data centers. The Company connects approximately 4000 customers, across the Americas, Europe, Middle East and Africa (EMEA) and Asia-Pacific. Platform Equinix combines international business exchange (IBX) data centers, a global footprint and ecosystems. The Company offers each customer a choice of business partners and solutions based on their colocation, interconnection and managed IT service needs. Equinix offers customers direct interconnection to an aggregation of bandwidth providers, including the Internet Service Providers (ISPs), broadband access networks (DSL/cable) and international carriers. Its customers include carriers and other bandwidth providers, cloud and information technology (IT) services providers, content providers, financial companies and global enterprises. In July 2014, it acquired ALOG Data Centers of Brazil S.A.

12 Month Chart for NASDAQ:EQIX

Receive News & Ratings for Equinix Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equinix Inc and related companies with MarketBeat.com's FREE daily email newsletter.