Equinix Inc’s recent filing unveils 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 $19.59 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 $5.06 million.
Wolfe Research upgraded its Equinix Inc [EQIX] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in late January with a ‘”a Mkt outperform”‘ rating. HSBC Securities also remained covering EQIX and has increased its forecast on October 04, 2024 with a “Buy” recommendation from previously “Hold” rating. Wells Fargo revised its rating on July 23, 2024. It rated EQIX as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of EQIX
On Friday, Equinix Inc [NASDAQ:EQIX] saw its stock fall -2.70% to $803.00. Over the last five days, the stock has lost -3.79%. Equinix Inc shares have fallen nearly -14.84% since the year began. Nevertheless, the stocks have risen 0.37% 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 03/28/25. SMA at 50 days reached $895.70, while 200 days put it at $871.45.
Levels Of Support And Resistance For EQIX Stock
The 24-hour chart illustrates a support level at 791.56, which if violated will result in even more drops to 780.12. On the upside, there is a resistance level at 820.21. A further resistance level may holdings at 837.43. The Relative Strength Index (RSI) on the 14-day chart is 32.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -19.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.46%. Stochastics %K at 12.17% 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 2025-03-14, growing by 0.16 million shares to a total of 1.96 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.8 million shares. There was a rise of 8.07%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 11, 2024 when Mizuho began covering the stock and recommended ‘”an Outperform”‘ rating along with a $873 price target.
