In a filing, Equinix Inc revealed its Officer DAVID J. MORANDI TTEE AND BRAN acquired Company’s shares for reported $2.32 million on Oct 25 ’24. In the deal valued at $895.76 per share,2,589 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, MORANDI BRANDI GALVIN sold 864 shares, generating $734,400 in total proceeds. Upon selling the shares at $850.00, the Chief Legal and HR Officer now owns 9,094 shares.
Before that, DAVID J. MORANDI TTEE ANDBRAND bought 864 shares. Equinix Inc shares valued at $718,675 were divested by the Officer at a price of $831.80 per share.
HSBC Securities upgraded its Equinix Inc [EQIX] rating to a Buy from a a Hold in a research note published on October 04, 2024; the price target was increased to $1000 from $865. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in late July from “an Equal weight” to “an Overweight”. Mizuho began covering EQIX with “an Outperform” recommendation on July 11, 2024. Goldman started covering the stock on July 01, 2024. It rated EQIX as “a Buy”.
Price Performance Review of EQIX
On Friday, Equinix Inc [NASDAQ:EQIX] saw its stock jump 2.07% to $914.33. Over the last five days, the stock has gained 2.14%. Equinix Inc shares have risen nearly 13.53% since the year began. Nevertheless, the stocks have risen 34.02% over the past one year. While a 52-week high of $914.93 was reached on 10/25/24, a 52-week low of $677.80 was recorded on 05/08/24. SMA at 50 days reached $861.45, while 200 days put it at $813.49.
Levels Of Support And Resistance For EQIX Stock
The 24-hour chart illustrates a support level at 903.88, which if violated will result in even more drops to 893.43. On the upside, there is a resistance level at 933.90. A further resistance level may holdings at 953.47. The Relative Strength Index (RSI) on the 14-day chart is 68.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 17.61, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 35.51%. Stochastics %K at 83.10% indicates the stock is a selling.
How much short interest is there in Equinix Inc?
A steep rise in short interest was recorded in Equinix Inc stocks on 2024-10-15, dropping by -0.17 million shares to a total of 1.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 1.51 million shares. There was a decline of -12.89%, which implies that there is a negative sentiment for the stock.
