New insider activity at Equinix ( (EQIX) ) has taken place on February 21, 2025.
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In recent transactions involving Equinix stock, Chief Business Officer Jonathan Lin sold 2,150 shares, amounting to a total of $1,990,104. Meanwhile, Chief Legal Officer Kurt Pletcher sold 215 shares, which brought in $199,889. These transactions highlight significant insider activity within the company.
Recent Updates on EQIX stock
Equinix recently reported record-breaking revenues of $8.7 billion for the full year, marking a significant 8% year-over-year growth, alongside improved adjusted EBITDA margins and strong AFFO growth. However, the company faces challenges such as currency impacts and capacity constraints in key markets. Despite these hurdles, Equinix remains optimistic about future growth, particularly in AI and interconnection services. Analysts have responded with mixed reactions on price targets. Scotiabank and BMO Capital lowered their price targets, citing supply constraints and FX noise affecting Q4 results and 2025 guidance, although they acknowledge the company’s continued investment in expanding capacity. Wells Fargo also lowered its target due to conservative guidance but noted encouraging revenue growth prospects. Oppenheimer raised its price target, highlighting strong AI-driven demand and Equinix’s strategic positioning to support AI infrastructure.
More about Equinix
YTD Price Performance: -0.55%
Average Trading Volume: 520,118
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $90.7B