Equinix Inc’s recent filing unveils that its Executive Chairman Meyers Charles J unloaded Company’s shares for reported $3.91 million on Jan 17 ’25. In the deal valued at $920.99 per share,4,241 shares were sold. As a result of this transaction, Meyers Charles J now holds 10,992 shares worth roughly $ 10.26 million.
Then, TAYLOR KEITH D sold 3,184 shares, generating $2,896,863 in total proceeds. Upon selling the shares at $909.82, the Chief Financial Officer now owns 22,076 shares.
Before that, CHARLES J MEYERS bought 4,241 shares. Equinix Inc shares valued at $3,901,253 were divested by the Officer at a price of $919.89 per share.
JMP Securities initiated its Equinix Inc [EQIX] rating to a Mkt outperform in a research note published on January 27, 2025; the price target was $1200. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who increased its forecast for the stock in early October from “a Hold” to “a Buy”. Wells Fargo also remained covering EQIX and has increased its forecast on July 23, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Mizuho started covering the stock on July 11, 2024. It rated EQIX as “an Outperform”.
Price Performance Review of EQIX
On Friday, Equinix Inc [NASDAQ:EQIX] saw its stock jump 1.15% to $933.60. Over the last five days, the stock has gained 0.04%. Equinix Inc shares have fallen nearly -0.99% since the year began. Nevertheless, the stocks have risen 12.12% over the past one year. While a 52-week high of $994.03 was reached on 01/06/25, a 52-week low of $684.14 was recorded on 01/27/25. SMA at 50 days reached $937.45, while 200 days put it at $854.38.
Levels Of Support And Resistance For EQIX Stock
The 24-hour chart illustrates a support level at 918.82, which if violated will result in even more drops to 904.05. On the upside, there is a resistance level at 950.89. A further resistance level may holdings at 968.19. The Relative Strength Index (RSI) on the 14-day chart is 51.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.69, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 29.48%. Stochastics %K at 76.80% indicates the stock is a holding.
How much short interest is there in Equinix Inc?
A steep rise in short interest was recorded in Equinix Inc stocks on 2025-01-31, growing by 74846.0 shares to a total of 1.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 1.82 million shares. There was a rise of 3.96%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 01, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $870 price target.
