--- title: "Sun Life Financial Inc. Acquires 2,145 Shares of Equinix, Inc. $EQIX" type: "News" locale: "en" url: "https://longbridge.com/en/news/276514463.md" description: "Sun Life Financial Inc. increased its stake in Equinix, Inc. by 19.1% in Q3, acquiring an additional 2,145 shares, bringing its total to 13,401 shares valued at $10.5 million. Other institutional investors also adjusted their holdings in Equinix. Recent insider transactions included CFO Keith D. Taylor selling 2,051 shares and insider Brandi Galvin Morandi selling 1,333 shares. Analysts have varied ratings on Equinix, with price targets ranging from $785 to $1,050, and the stock currently holds a \"Moderate Buy\" rating with an average target of $1,001.41." datetime: "2026-02-21T13:40:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276514463.md) - [en](https://longbridge.com/en/news/276514463.md) - [zh-HK](https://longbridge.com/zh-HK/news/276514463.md) --- # Sun Life Financial Inc. Acquires 2,145 Shares of Equinix, Inc. $EQIX Sun Life Financial Inc. raised its holdings in Equinix, Inc. (NASDAQ:EQIX - Free Report) by 19.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,401 shares of the financial services provider's stock after purchasing an additional 2,145 shares during the period. Equinix accounts for about 0.5% of Sun Life Financial Inc.'s holdings, making the stock its 19th biggest position. Sun Life Financial Inc.'s holdings in Equinix were worth $10,496,000 at the end of the most recent quarter. - REITs Set for a 2026 Rebound? 7 Top Picks as Rate Cuts Approach A number of other institutional investors also recently modified their holdings of the business. Westside Investment Management Inc. boosted its holdings in Equinix by 190.9% in the 2nd quarter. Westside Investment Management Inc. now owns 32 shares of the financial services provider's stock worth $25,000 after buying an additional 21 shares during the period. Atlantic Union Bankshares Corp bought a new stake in Equinix during the 2nd quarter valued at $26,000. Bank of Jackson Hole Trust lifted its position in shares of Equinix by 70.0% during the second quarter. Bank of Jackson Hole Trust now owns 34 shares of the financial services provider's stock worth $27,000 after acquiring an additional 14 shares in the last quarter. Abound Wealth Management boosted its holdings in shares of Equinix by 209.1% in the third quarter. Abound Wealth Management now owns 34 shares of the financial services provider's stock worth $27,000 after acquiring an additional 23 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Equinix in the second quarter valued at $28,000. 94.94% of the stock is currently owned by hedge funds and other institutional investors. ## Insider Transactions at Equinix In other Equinix news, CFO Keith D. Taylor sold 2,051 shares of the company's stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $804.17, for a total value of $1,649,352.67. Following the completion of the sale, the chief financial officer owned 26,373 shares of the company's stock, valued at $21,208,375.41. This represents a 7.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brandi Galvin Morandi sold 1,333 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $804.25, for a total transaction of $1,072,065.25. Following the transaction, the insider owned 9,551 shares in the company, valued at $7,681,391.75. The trade was a 12.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 14,353 shares of company stock worth $11,283,043. Company insiders own 0.27% of the company's stock. ## Analysts Set New Price Targets - Guidance, Not Earnings, Sends Equinix Stock Higher EQIX has been the subject of a number of recent analyst reports. Wall Street Zen lowered Equinix from a "hold" rating to a "sell" rating in a report on Saturday, January 10th. Guggenheim raised their price objective on shares of Equinix from $933.00 to $985.00 and gave the company a "buy" rating in a research report on Thursday, February 12th. BMO Capital Markets upped their target price on shares of Equinix from $925.00 to $1,050.00 and gave the stock an "outperform" rating in a report on Thursday, February 12th. Zacks Research cut shares of Equinix from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, November 19th. Finally, The Goldman Sachs Group raised their price target on shares of Equinix from $785.00 to $894.00 and gave the company a "neutral" rating in a report on Thursday, February 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $1,001.41. **Get Our Latest Stock Report on EQIX** ## Equinix Stock Up 1.1% - The Cloud Computing ETF Every Growth Investor Should Consider EQIX stock opened at $928.11 on Friday. The company's 50 day moving average is $811.86 and its 200 day moving average is $794.76. The stock has a market cap of $91.19 billion, a price-to-earnings ratio of 67.50, a price-to-earnings-growth ratio of 1.82 and a beta of 1.06. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.40. Equinix, Inc. has a 1-year low of $701.41 and a 1-year high of $992.90. Equinix (NASDAQ:EQIX - Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The financial services provider reported $8.91 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $9.07 by ($0.16). Equinix had a return on equity of 9.60% and a net margin of 14.65%.The company had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same period in the prior year, the firm posted $7.92 earnings per share. The business's revenue was up 7.0% on a year-over-year basis. Sell-side analysts predict that Equinix, Inc. will post 33.1 EPS for the current fiscal year. ## Equinix Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, February 25th will be paid a dividend of $5.16 per share. This represents a $20.64 annualized dividend and a yield of 2.2%. This is an increase from Equinix's previous quarterly dividend of $4.69. The ex-dividend date of this dividend is Wednesday, February 25th. Equinix's dividend payout ratio is presently 136.44%. ## Equinix Company Profile (Free Report) Equinix, Inc is a global provider of digital infrastructure and interconnection services, specializing in carrier-neutral data centers and colocation. The company operates a platform that enables enterprises, cloud and network service providers, and content companies to colocate IT infrastructure, interconnect directly with partners and providers, and access cloud on-ramps and network services in a secure, low-latency environment. Equinix's offerings include traditional colocation space and power, cross-connects and meet-me rooms, and a suite of connectivity and on-demand services designed for hybrid multicloud architectures. ## Featured Articles - Five stocks we like better than Equinix - The gold chart Wall Street is terrified of… - Buy this Gold Stock Before May 2026 - What a Former CIA Agent Knows About the Coming Collapse - This $15 Stock Could Go Down as the #1 Stock of 2026 - New gold price target **Want to see what other hedge funds are holding EQIX?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equinix, Inc. (NASDAQ:EQIX - Free Report). _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Equinix Right Now? Before you consider Equinix, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Equinix wasn't on the list. While Equinix currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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