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Diversified Trust Co. Sells 2,763 Shares of Equinix, Inc. $EQIX
Diversified Trust Co. reduced its stake in Equinix (NASDAQ:EQIX) by 62.6% in Q4, selling 2,763 shares and retaining 1,651 shares valued at approximately $1.265 million. This follows recent insider selling, with CEO Adaire Fox-Martin and Chairman Charles J. Meyers disposing of a combined 16,842 shares. Despite these sales, analysts generally rate Equinix as a “Moderate Buy” with an average price target of $1,015.05, and the company recently increased its quarterly dividend.