Economy

Equinix, Inc. (NASDAQ:EQIX) Traded 4.3% Above Its 50 Day Moving Average

The Next Century Growth Investors Llc holds 4,158 shares with $1.49 million value, down from 6,161 last quarter. Equinix, Inc.'s P/E ratio is 172.02 and the market value is 36.51B.

Shares of Equinix (NASDAQ:EQIX) traded down 0.52% during midday trading on Friday, reaching $465.96. About 348,561 shares traded. About shares traded. Bank of America Corp (NYSE:BAC) has risen 58.64% since September 2, 2016 and is uptrending. It has outperformed by 7.70% the S&P500. (NASDAQ:EQIX) by 4.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The Teacher Retirement System Of Texas holds 761 shares with $272,000 value, down from 2,749 last quarter. It also upped Grainger W W Inc (NYSE:GWW) stake by 8,225 shares and now owns 173,232 shares. The stock decreased 0.54% or $0.36 on September 1, reaching $66.28. It has underperformed by 27.65% the S&P500. The original version of this story can be viewed at https://stocknewstimes.com/2017/09/03/equinix-inc-eqix-receives-465-59-average-target-price-from-analysts.html. Its down 0.28, from 1.25 in 2016Q3.

These funds have also shifted positions in (EQIX). Federated Pa reported 1,005 shares. Victory Mngmt Incorporated holds 148,207 shares or 0.13% of its portfolio. Crosslink has 31,700 shares for 1.82% of their portfolio. Northwestern Mutual Wealth Management holds 0% or 168 shares. Advantage reported 5.49% in Kinder Morgan Inc (NYSE:KMI). First Tru Advsr L P reported 25,045 shares. 13,327 were reported by Peak6 Investments Ltd Partnership. Jacobs Levy Equity Inc invested in 3,917 shares. Eagle Asset Management has 68,513 shares for 0.01% of their portfolio. Pennsylvania-based Vanguard Grp Incorporated has invested 0% in Heritage Financial Corp (NASDAQ:HFWA). Peoples has invested 0.03% of its portfolio in Citigroup Inc (NYSE:C). Mackenzie Fin reported 0% stake. (NASDAQ:EQIX) on Monday, March 13 to "Buy" rating. Therefore 62% are positive. The firm has "Hold" rating given on Wednesday, February 1 by Wunderlich.

August 3 investment analysts at Barclays left the company rating at "Equal-Weight" and raised the price expectation to $475.00 from $377.00. The rating was upgraded by Wolfe Research on Monday, July 31 to "Peer Perform". The company was downgraded on Friday, August 14 by Tudor Pickering. Following the completion of the sale, the insider now owns 5,485 shares in the company, valued at $2,406,269.50. Finally, Jefferies Group LLC restated a "hold" rating and issued a $410.00 price target on shares of Equinix in a research note on Tuesday, July 4th.

Wilbanks Smith & Thomas Asset Management Llc increased Carlyle Group Lp (NASDAQ:CG) stake by 38,105 shares to 132,205 valued at $2.02M in 2016Q4. It also increased its holding in Life Storage Inc by 60,149 shares in the quarter, for a total of 140,649 shares, and has risen its stake in Apartment Invt & Mgmt Co (NYSE:AIV). Verizon Communications Inc (NYSE:VZ) was raised too.

Investors sentiment decreased to 1.09 in Q4 2016. Its the same as in 2016Q3. It is negative, as 54 investors sold EQIX shares while 155 reduced holdings. Nelson Van Denburg & Campbell Wealth Mgmt Gp Ltd Limited Liability Company has 0.01% invested in Equinix, Inc. (NASDAQ:EQIX) earned "Buy" rating by Canaccord Genuity on Monday, May 23. Pggm Investments invested in 0.09% or 48,390 shares. (NASDAQ:EQIX). Nationwide Fund Advsrs holds 0.04% of its portfolio in Equinix, Inc. (NASDAQ:EQIX) for 14,071 shares.

Investors sentiment decreased to 0.97 in 2016 Q4. Aviva Plc holds 0.11% in Equinix, Inc. (NASDAQ:EQIX) shares. On Friday, June 9 the insider Campbell Michael Earl sold $645,514. Gateway Inv Advisers Ltd Liability Co, Ohio-based fund reported 5,276 shares. Eii Management accumulated 11,850 shares. Oakbrook Invests Lc stated it has 3,013 shares. Atria Limited Liability Com holds 0.02% or 762 shares.

Here is the rundown on market activity for Equinix, Inc. Skytop Cap Mngmt Limited Liability Company holds 2.59% or 12,000 shares in its portfolio. Braun Stacey holds 233,965 shares or 0.91% of its portfolio. Everence Capital Mngmt owns 1,753 shares or 0.18% of their United States portfolio.

Since March 13, 2017, it had 0 buys, and 11 insider sales for $13.22 million activity. $2.31 million worth of Equinix, Inc. (NASDAQ:EQIX) on Tuesday, May 30. RESCORLA CHARLES L sold 30,000 shares worth $3.30M. $10.36M worth of stock was sold by Halsell Rodney C. on Tuesday, March 21. $2.58M worth of stock was sold by Lee Yau Tat on Wednesday, June 7. With short interest at 2,117,584 and short average daily volume at 437,784, days to cover is 5.0 and the percentage of shorted shares is 0.03% as of August 15. Therefore 88% are positive. Heritage Financial had 6 analyst reports since September 28, 2015 according to SRatingsIntel. The firm earned "Equal-Weight" rating on Monday, March 21 by Barclays Capital. $959,093 worth of Equinix, Inc. (NASDAQ:EQIX) on Monday, March 13. The stock has "Buy" rating by Oppenheimer on Wednesday, August 2. As per Friday, August 12, the company rating was maintained by Canaccord Genuity.

Equinix, Inc. has a 52 week low of $314.55 and a 52 week high of $470.44. (NASDAQ:EQIX) rating on Thursday, February 16. The value of the investment in (EQIX) went from $215,032,000 to $194,009,000 a change of 9.8% since the last quarter. The company was maintained on Wednesday, July 26 by Oppenheimer.

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