Equinix, Inc. (EQIX) is among expensive stocks insiders are selling, despite potential upside.

From Yahoo Finance: 2025-03-28 19:17:00

Equinix, Inc. (NASDAQ:EQIX) is among the most expensive stocks insiders are dumping in March, with eight insiders selling $5.39 million worth of shares at an average price of $860.15 per share. Despite a 10.78% year-to-date drop, the stock trades at $841.22 per share. Analysts rate Equinix stock as “Buy” with a 12-month target of $972.22, indicating a potential 15.56% upside. Equinix reported $8.75 billion in revenue in 2024, up 7% from the previous year, with adjusted EBITDA reaching $4.1 billion. The company operates in 34 countries with 268 data centers globally, making it one of the top data center stocks to buy according to billionaires.



Read more at Yahoo Finance: Is Equinix, Inc. (EQIX) The Most Expensive Stock Insiders Are Dumping In March?