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Equinix reports strong earnings, stable stock, and a high dividend, despite some insider selling.
Equinix, a financial services provider, saw significant growth in institutional investor holdings in Q4 2019, with Handelsbanken Fonder AB increasing its stake by 11.4%.
Despite insider selling, including Director Christopher B. Paisley's sale of shares, Equinix's stock has remained stable, opening at $939.08.
The company reported strong earnings, with EPS of $7.92, exceeding estimates by $5.17, and announced a $4.69 quarterly dividend.
Analysts from various institutions have issued positive ratings, with consensus on a "buy" recommendation.
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Equinix reporta ganancias fuertes, acciones estables, y un alto dividendo, a pesar de algunas ventas de información privilegiada.