Equinix Inc’s recently made public that its Chief Accounting Officer Miller Simon unloaded Company’s shares for reported $0.38 million on Mar 04 ’25. In the deal valued at $904.84 per share,417 shares were sold. As a result of this transaction, Miller Simon now holds 6,305 shares worth roughly $5.24 million.
Then, Pletcher Kurt sold 116 shares, generating $104,961 in total proceeds. Upon selling the shares at $904.83, the Chief Legal Officer now owns 1,969 shares.
Before that, Lin Jonathan sold 93 shares. Equinix Inc shares valued at $84,153 were divested by the Chief Business Officer at a price of $904.87 per share. As a result of the transaction, Lin Jonathan now holds 7,999 shares, worth roughly $6.64 million.
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 Monday, Equinix Inc [NASDAQ:EQIX] saw its stock fall -3.36% to $830.63. Over the last five days, the stock has lost -8.78%. Equinix Inc shares have fallen nearly -11.91% since the year began. Nevertheless, the stocks have fallen -8.38% 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 03/10/25. SMA at 50 days reached $921.63, while 200 days put it at $866.24.
Levels Of Support And Resistance For EQIX Stock
The 24-hour chart illustrates a support level at 815.39, which if violated will result in even more drops to 800.16. On the upside, there is a resistance level at 852.55. A further resistance level may holdings at 874.47. The Relative Strength Index (RSI) on the 14-day chart is 24.56, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -49.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.79%. Stochastics %K at 7.66% indicates the stock is a buying.
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.
