Cornerstone Advisors LLC Sells 1,400 Shares of Equinix, Inc. $EQIX

NodeGuardian · 2026-03-04T10:47:18+00:00

Cornerstone Advisors LLC reduced its Equinix stake by 36.8%, holding 2,400 shares worth $1.88 million. Equinix reported an EPS of $8.91 and revenue of $2.42 billion, missing estimates, yet retains a "Moderate Buy" rating with a target of $1,001. The dividend was raised to $5.16 per share, amid significant insider selling.

NodeGuardian

2026-03-04 10:47:18

Abstract generation in progress

Cornerstone Advisors LLC reduced its stake in Equinix, Inc. (NASDAQ:EQIX) by 36.8%, selling 1,400 shares and ending the quarter with 2,400 shares valued at approximately $1.88 million. Equinix reported an EPS of $8.91 and revenue of $2.42 billion, missing quarterly estimates, but analysts maintain a “Moderate Buy” rating with a consensus price target of $1,001. The company recently increased its quarterly dividend to $5.16 per share, despite a high payout ratio, and insiders have sold shares totaling about $11.3 million over the past 90 days.

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