Equinix Inc’s filing revealed that its Chief Financial Officer TAYLOR KEITH D unloaded Company’s shares for reported $0.69 million on Mar 13 ’25. In the deal valued at $838.48 per share,822 shares were sold. As a result of this transaction, TAYLOR KEITH D now holds 24,402 shares worth roughly $20.44 million.
Then, Pletcher Kurt sold 451 shares, generating $379,973 in total proceeds. Upon selling the shares at $842.51, the Chief Legal Officer now owns 1,969 shares.
Before that, Miller Simon sold 257 shares. Equinix Inc shares valued at $216,521 were divested by the Chief Accounting Officer at a price of $842.49 per share. As a result of the transaction, Miller Simon now holds 6,305 shares, worth roughly $5.28 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 Friday, Equinix Inc [NASDAQ:EQIX] saw its stock jump 0.45% to $837.68. Over the last five days, the stock has lost -2.54%. Equinix Inc shares have fallen nearly -11.16% since the year began. Nevertheless, the stocks have fallen -6.17% 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 $913.35, while 200 days put it at $867.52.
Levels Of Support And Resistance For EQIX Stock
The 24-hour chart illustrates a support level at 830.37, which if violated will result in even more drops to 823.06. On the upside, there is a resistance level at 843.82. A further resistance level may holdings at 849.96. The Relative Strength Index (RSI) on the 14-day chart is 32.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -36.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.14%. Stochastics %K at 18.40% indicates the stock is a buying.
How much short interest is there in Equinix Inc?
A steep rise in short interest was recorded in Equinix Inc stocks on 2025-02-28, growing by 36435.0 shares to a total of 1.93 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.89 million shares. There was a rise of 1.89%, 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.
