Insider Trading Alert - EQIX, NATI And CMLP Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Yesterday, April 23, 2014, 76 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $49.40 to $39,583,336.50.

Highlighted Stocks Traded by Insiders:

Equinix (EQIX) - FREE Research Report

Spo Advisory Corp, who is 10% Owner at Equinix, bought 135,000 shares at $179.73 on April 23, 2014. Following this transaction, the 10% Owner owned 5.4 million shares meaning that the stake was reduced by 2.56% with the 135,000-share transaction.

The shares most recently traded at $180.06, up $0.33, or 0.19% since the insider transaction. Historical insider transactions for Equinix go as follows:

  • 4-Week # shares sold: 5,000
  • 12-Week # shares sold: 10,000
  • 24-Week # shares sold: 10,000

The average volume for Equinix has been 904,600 shares per day over the past 30 days. Equinix has a market cap of $8.9 billion and is part of the technology sector and internet industry. Shares are up 1.5% year-to-date as of the close of trading on Wednesday.

Equinix, Inc. provides data center services to protect and connect the information assets for the enterprises, financial services companies, and content and network providers primarily in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company has a P/E ratio of 96.9. Currently, there are 11 analysts who rate Equinix a buy, no analysts rate it a sell, and 2 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on EQIX - FREE

TheStreet Quant Ratings rates Equinix as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Equinix Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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