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Equinix Inc (NASDAQ:EQIX) Director Christopher B Paisley reported selling 75 shares of common stock on August 18, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $781.5, for a total transaction value of $58,612. The data center REIT, currently valued at $75.5 billion, has seen its shares decline 17.5% year-to-date. InvestingPro analysis suggests the stock is trading above its Fair Value, though analysts maintain a bullish outlook with a consensus "Buy" rating.
Following the transaction, Paisley directly owns 209 shares of Equinix through a trust for his brother, 318 shares through a trust for his son, and 318 shares through another trust for his son. Paisley also indirectly owns 17,832 shares through the Paisley Family Trust. The sale was executed pursuant to a pre-arranged 10b5-1 trading plan. With analyst price targets ranging from $798 to $1,200, and the company maintaining a "Good" financial health score, investors seeking deeper insights can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Equinix reported solid second-quarter results, with revenue aligning closely with JPMorgan’s estimates and surpassing expectations in adjusted EBITDA and AFFO metrics. Following these results, JPMorgan raised its price target for Equinix to $940, maintaining an Overweight rating. JMP Securities also reiterated its Market Outperform rating on Equinix, setting a price target of $1,200, reflecting confidence in the company’s strategic direction. However, CFRA downgraded Equinix from Buy to Hold, citing a more conservative risk assessment, while keeping the price target at $850.
Equinix has also announced a collaboration with several next-generation nuclear technology providers to develop new power sources for its global data centers. This partnership is part of Equinix’s strategy to address growing electricity demands and potential power constraints. Additionally, Equinix appointed Dr. Yanbing Li to its Board of Directors. Li brings a wealth of experience from her roles at Datadog (NASDAQ:DDOG), Aurora, and Google (NASDAQ:GOOGL), which could influence Equinix’s strategic initiatives. These developments reflect Equinix’s ongoing efforts to enhance its operational efficiency and governance.
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