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Equinix Inc. (EQIX) CEO & President Stephen M Smith sells 5,025 Shares

February 24, 2011 | About:
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CEO & President of Equinix Inc. (EQIX) Stephen M Smith sells 5,025 shares of EQIX on 02/22/2011 at an average price of $88.7 a share.

Equinix Inc. has a market cap of $3.97 billion; its shares were traded at around $86.29 with a P/E ratio of 73.8 and P/S ratio of 3.2.

Hedge Fund Gurus that owns EQIX: Steve Mandel of Lone Pine Capital, Steven Cohen of SAC Capital Advisors, George Soros of Soros Fund Management LLC, Jim Simons of Renaissance Technologies LLC. Mutual Fund and Other Gurus that owns EQIX: Ron Baron of Baron Funds, Columbia Wanger of Columbia Wanger Asset Management, Mario Gabelli of GAMCO Investors.

This is the annual revenues and earnings per share of EQIX over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of EQIX.


CEO Recent Trades:


  • Sell: CEO & President Stephen M Smith sold 9,686 shares of EQIX stock on 02/18/2011 at the average price of 91.27. Stephen M Smith owns at least 56,748 shares after this. The price of the stock has decreased by 5.46% since.

  • Sell: CEO & President Stephen M Smith sold 31,372 shares of EQIX stock on 02/16/2011 at the average price of 91.16. Stephen M Smith owns at least 45,716 shares after this. The price of the stock has decreased by 5.34% since.


CFO Recent Trades:


  • Sell: CFO Keith D Taylor sold 4,520 shares of EQIX stock on 02/18/2011 at the average price of 91.26. Keith D Taylor owns at least 56,378 shares after this. The price of the stock has decreased by 5.45% since.

  • Sell: CFO Keith D Taylor sold 7,268 shares of EQIX stock on 02/16/2011 at the average price of 91.36. Keith D Taylor owns at least 51,230 shares after this. The price of the stock has decreased by 5.55% since.

  • Sell: CFO Keith D Taylor sold 1,520 shares of EQIX stock on 01/04/2011 at the average price of 83.63. Keith D Taylor owns at least 45,260 shares after this. The price of the stock has increased by 3.18% since.



This is the insider trade history vs. stock price of EQIX. For the complete insider trading history of EQIX, click here.




Directors and Officers Recent Trades:


  • Sell: Chief Marketing Officer Jarrett Appleby sold 1,943 shares of EQIX stock on 02/18/2011 at the average price of 91.27. Jarrett Appleby owns at least 10,061 shares after this. The price of the stock has decreased by 5.46% since.

  • Sell: Chief Sales Officer Peter Ferris sold 2,580 shares of EQIX stock on 02/18/2011 at the average price of 91.26. Peter Ferris owns at least 68,453 shares after this. The price of the stock has decreased by 5.45% since.

  • Sell: President, Equinix Europe Eric Schwartz sold 2,210 shares of EQIX stock on 02/18/2011 at the average price of 91.21. Eric Schwartz owns at least 15,876 shares after this. The price of the stock has decreased by 5.39% since.

  • Sell: Chief Marketing Officer Jarrett Appleby sold 1,088 shares of EQIX stock on 02/16/2011 at the average price of 91.33. Jarrett Appleby owns at least 7,400 shares after this. The price of the stock has decreased by 5.52% since.

  • Sell: Chief Sales Officer Peter Ferris sold 3,268 shares of EQIX stock on 02/16/2011 at the average price of 91.35. Peter Ferris owns at least 65,508 shares after this. The price of the stock has decreased by 5.54% since.



For the complete insider trading history of EQIX, click here.

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


Rating: 3.0/5 (8 votes)

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