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Arvest Investments Inc. Takes $1.04 Million Position in Equinix, Inc. $EQIX
Arvest Investments Inc. has acquired a new stake of 1,363 shares in Equinix, Inc. (NASDAQ:EQIX) during the fourth quarter, valued at approximately $1.04 million. Despite recent insider selling, including CEO Adaire Fox-Martin selling 1,086 shares, analysts maintain a “Moderate Buy” consensus with an average price target of $1,016.86. Equinix also increased its quarterly dividend to $5.16 per share, representing a $20.64 annualized dividend and a 2.1% yield.