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EQIX
LONGINSIDER SELLEQUINIX INC
Funds
3
Score
4.50
vs SPY
-6.8%
Stock return (since Q-end)
+9.5%
SPY return (since Q-end)
+16.3%
Current price
$1068.04
News Summary
PositiveEquinix delivered strong Q1 2026 results with 10% revenue growth, record 51% EBITDA margins, and raised full-year guidance to 10-11% growth, driven by robust AI-related deal activity and the $4B atNorth Nordic acquisition. However, valuation concerns emerged with a Scotiabank downgrade citing a 74x trailing P/E ratio despite strong fundamentals, and the company maintains elevated $4.1B capex commitments.
Red flags
- •Valuation concern: 74x trailing P/E ratio cited by Scotiabank downgrade on April 7, 2026
- •High capital intensity: $4.1B capex guidance for 2026 maintains elevated investment requirements
- •atNorth acquisition carries regulatory approval risk and integration execution risk
Funds Buying (3)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | QoQ | Status |
|---|---|---|---|---|---|---|
| Coatue Management | Philippe Laffont | 1.1M | +1.1M | $1069.3B | — | NEW |
| Point72 | Steve Cohen | 535K | +535K | $524.2B | — | NEW |
| Elliott Investment | Paul Singer | 150K | +150K | $147.0B | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed |
|---|---|---|---|---|---|---|
| Abdel Raouf | EVP, Global Operations | SELL | 2K | $1083.47 | $2.21M | 2026-05-22 |
| PAISLEY CHRISTOPHER B | — | SELL | 125 | $1060.29 | $0.13M | 2026-05-18 |
| Meyers Charles J | — | SELL | 869 | $1081.92 | $0.94M | 2026-05-06 |
| Meyers Charles J | — | SELL | 840 | $1084.27 | $0.91M | 2026-05-06 |
| Meyers Charles J | — | SELL | 2K | $1084.90 | $2.09M | 2026-05-06 |
| Meyers Charles J | — | SELL | 410 | $1086.10 | $0.45M | 2026-05-06 |
| Meyers Charles J | — | SELL | 449 | $1087.45 | $0.49M | 2026-05-06 |
| Meyers Charles J | — | SELL | 729 | $1089.26 | $0.79M | 2026-05-06 |
| MORANDI BRANDI GALVIN | Chief People Officer | SELL | 424 | $1020.00 | $0.43M | 2026-04-08 |