| Profitability | 58/100 |
| Growth | 64/100 |
| Momentum | 91/100 |
| Quality | 69/100 |
| Earnings Quality | 75/100 |
| Balance Sheet | 38/100 |
| Value | 31/100 |
| Risk (safety) | 80/100 |
| Overall | 70.2/100 |
| Symbol | IS Score |
|---|---|
| AMT | 57 |
| DLR | 36 |
| CCI | 49 |
| IRM | 43 |
| SBAC | 54 |
| LAMR | 67 |
| EQIX | 70 |
These two disagree — business quality 70, price structure 14 out of 100, so the business reads better than the price does. We publish the disagreement rather than resolving it: they answer different questions, and the gap between them is information, not an error.
| Trigger | Where it stands now | What it would mean |
|---|---|---|
| IS Score reaches 75 and holds two consecutive quarters | now 70.2 | would move us up one band |
| IS Score stops falling - one quarter higher than the prior | last four: 54 → 57 → 57 → 70 | the direction matters more than the level |
| Technical vote share back above 50% | now 9% | price structure no longer broken |
| Institutional holder count rises two quarters running | peak 1,367 → now 1,367 | fewer institutions willing to hold is our clearest warning |
This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.
| Quarter | Holders | 13F shares | Value | Reported own% |
|---|---|---|---|---|
| 2026 Q2 | 1,367 | 98.1M | $96.6B | 99.4% |
| 2026 Q1 | 1,295 | 93.8M | $86.2B | 95.0% |
| 2025 Q4 | 1,192 | 94.2M | $67.9B | 95.5% |
| 2025 Q3 | 1,176 | 92.8M | $69.0B | 94.1% |
| 2025 Q2 | 1,199 | 93.1M | $70.8B | 94.4% |
| 2025 Q1 | 1,207 | 94.1M | $73.2B | 95.4% |
| 2024 Q4 | 1,185 | 93.3M | $83.3B | 94.6% |
| 2024 Q3 | 1,144 | 92.3M | $77.0B | 93.6% |
| 2024 Q2 | 1,087 | 90.6M | $67.1B | 91.8% |
| 2024 Q1 | 1,128 | 91.3M | $73.6B | 92.6% |
| 2023 Q4 | 1,120 | 90.5M | $71.7B | 91.7% |
| 2023 Q3 | 1,003 | 89.7M | $64.1B | 90.9% |
| Insider | Role | Date | Type | Shares | Value | Post-Txn Owned |
|---|---|---|---|---|---|---|
| Paladin Michael Shane | Chief Customer & Rev Officer | 2026-09-04 | SELL | 307 | $0.32M | 2,450 |
| Paladin Michael Shane | Chief Customer & Rev Officer | 2026-09-02 | SELL | 53 | $0.05M | 2,907 |
| Paladin Michael Shane | Chief Customer & Rev Officer | 2026-09-02 | SELL | 150 | $0.15M | 2,757 |
| Paladin Michael Shane | Chief Customer & Rev Officer | 2026-09-01 | EXERCISE | 510 | — | 2,960 |
| Paladin Michael Shane | Chief Customer & Rev Officer | 2026-09-01 | EXERCISE | 510 | — | 510 |
| Pletcher Kurt | Chief Legal Officer | 2026-08-20 | SELL | 135 | $0.15M | 4,077 |
| Paisley Christopher B | director | 2026-08-18 | SELL | 125 | $0.14M | 13,734 |
| Paisley Christopher B | director | 2026-08-03 | SELL | 4,000 | $4.08M | 13,859 |
| 6-mo decomposition (Form 4) | Txns | Shares | Value | Signal weight |
|---|---|---|---|---|
| S — Open-market sales | 131 | 26,042 | $26.7M | Counted |
| M — Exercises (paired A/D) | 21 | 10,017 | — | None — mechanics |
| G — Gifts | 1 | 112 | — | None |
| P — Open-market purchases | 0 | 0 | $0 | Counted — none occurred |
| Filed | Filer | Shares registered | Est. proceeds |
|---|---|---|---|
| 2026-09-04 | Shane Paladin | 307 | $0.3M |
| 2026-09-02 | Michael Shane Paladin | 203 | $0.2M |
| 2026-09-02 | Miller Simon | 566 | $0.6M |
| 2026-08-20 | Kurt E Pletcher | 135 | $0.1M |
| Trailing 12 mo | 64 filings | 71,515 | $67M |
| Filed | Form | Reporting person | % of class | Shares |
|---|---|---|---|---|
| 2026-04-29 | SCHEDULE 13G | Vanguard Portfolio Management | 6.12% | 6.0M sh |
| 2026-04-29 | SCHEDULE 13G | Vanguard Capital Management | 7.55% | 7.4M sh |
| 2026-03-26 | SCHEDULE 13G/A | The Vanguard Group | — | exit/reporting change |
| Member | Chamber | Trade | Size band | Traded | Disclosed |
|---|---|---|---|---|---|
| Michael Rulli | House | BUY | $1,001 - $15,000 | 2026-08-07 | 2026-09-03 |
| Michael A. Rulli | House | BUY | $1,001 - $15,000 | 2026-08-07 | 2026-09-03 |
| Ro Khanna | House | SELL | $1,001 - $15,000 | 2026-01-29 | 2026-02-10 |
| Manager | Shares | Value |
|---|---|---|
| Douglas Lane & Associates, Llc | 105,883 | $107M |
| Sustainable Growth Advisers, Lp | 55,695 | $56M |
| Ifm Investors Pty Ltd | 43,680 | $44M |
| Border To Coast Pensions Partnersh | 30,000 | $30M |
| Czech National Bank | 28,351 | $29M |
| Fisher Funds Management Ltd | 27,859 | $28M |
| Fund | Weight | Position |
|---|---|---|
| VGSNX | 5.7% | $3.8B |
| VGSLX | 5.7% | $3.8B |
| VNQ | 5.7% | $3.8B |
| VITSX | 0.1% | $3.2B |
| VTSAX | 0.1% | $3.2B |
| VSMPX | 0.1% | $3.2B |
| ATS Venue (4-wk) | Shares | Avg trade |
|---|---|---|
| Incr Intelligent Cross Llc | 0.9M | 20 sh |
| Ubsa Ubs Ats | 0.8M | 26 sh |
| Mlix Instinct X | 0.4M | 31 sh |
| Sgmt Sigma X2 | 0.4M | 17 sh |
| Ebxl Level Ats | 0.3M | 12 sh |
| Jpmx Jpm-X | 0.2M | 37 sh |
| Region | Revenue | Share |
|---|---|---|
| Americas | $4.1B | 45% |
| EMEA | $3.1B | 34% |
| Asia Pacific | $2.0B | 21% |
Moat score 64/100 — Narrow; primary source Switching Costs.
| Officer | Title |
|---|---|
| Adaire Rita Fox-Martin | President, Chief Executive Officer & Director |
| Charles J. Meyers | Executive Chairman |
| Olivier C. Leonetti | Chief Financial Officer |
| Keith D. Taylor | Special Advisor |
| Period | EPS est. | EPS actual | EPS surprise | Rev est. ($M) | Rev actual ($M) | Rev surprise |
|---|
| YoY growth | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | +10.6% | +9.5% | +12.7% | +6.8% | +5.9% |
| Gross profit | +8.2% | +11.0% | +12.8% | +8.1% | +11.0% |
| Operating income | +5.2% | +8.3% | +20.3% | -8.0% | +39.2% |
| Net income | +35.3% | +40.8% | +37.6% | -15.9% | +65.6% |
| $B · FY ends | FY21 | FY22 | FY23 | FY24 | FY25 | Trend |
|---|---|---|---|---|---|---|
| Revenue | 6.6 | 7.3 | 8.2 | 8.7 | 9.3 | |
| Cost of revenue | 3.5 | 3.8 | 4.2 | 4.5 | 4.5 | |
| Gross profit | 3.2 | 3.5 | 4.0 | 4.3 | 4.8 | |
| R&D expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| SG&A expense | 2.0 | 2.3 | 2.5 | 2.7 | 2.7 | |
| Operating income | 1.1 | 1.2 | 1.4 | 1.3 | 1.8 | |
| EBITDA | 2.6 | 2.9 | 3.4 | 3.4 | 4.1 | |
| D&A | 1.7 | 1.7 | 1.8 | 2.0 | 2.1 | |
| Pretax income | 0.6 | 0.8 | 1.1 | 1.0 | 1.5 | |
| Income tax | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | |
| Net income | 0.5 | 0.7 | 1.0 | 0.8 | 1.4 | |
| Diluted EPS ($) | 5.53 | 7.67 | 10.31 | 8.50 | 13.76 | |
| Diluted shares (M) | 90 | 92 | 94 | 96 | 98 |
| $B | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | 1.9 | 2.1 | 3.1 | 1.7 | |
| ST investments | 0.0 | 0.0 | 0.5 | 1.5 | |
| Receivables (net) | 1.1 | 1.3 | 1.4 | 1.0 | |
| Total current assets | 3.3 | 3.6 | 5.4 | 5.1 | |
| PP&E (net) | 18.1 | 20.1 | 20.7 | 25.0 | |
| Goodwill + intangibles | 7.6 | 7.4 | 6.9 | 7.3 | |
| Total assets | 30.3 | 32.7 | 35.1 | 40.1 | |
| Accounts payable | 0.1 | 0.2 | 0.1 | 0.1 | |
| Short-term debt | 0.0 | 1.0 | 1.2 | 1.3 | |
| Deferred revenue | 0.1 | 0.1 | 0.1 | 0.1 | |
| Total current liabilities | 1.8 | 3.2 | 3.3 | 3.9 | |
| Long-term debt | 12.8 | 12.7 | 14.0 | 17.6 | |
| Total liabilities | 18.8 | 20.1 | 21.5 | 26.0 | |
| Shareholders' equity | 11.5 | 12.5 | 13.6 | 14.2 |
| $B | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Net income | 0.7 | 1.0 | 0.8 | 1.3 | |
| D&A | 1.7 | 1.8 | 2.0 | 2.1 | |
| Stock-based compensation | 0.4 | 0.4 | 0.5 | 0.5 | |
| Working capital change | 0.0 | (0.1) | (0.3) | (0.1) | |
| Operating cash flow | 3.0 | 3.2 | 3.2 | 3.9 | |
| Capital expenditures | (2.3) | (2.8) | (3.1) | (4.3) | |
| Investing cash flow | (3.4) | (3.2) | (3.9) | (6.5) | |
| Buybacks | 0.0 | 0.0 | 0.0 | 0.0 | |
| Dividends paid | (1.2) | (1.4) | (1.6) | (1.9) | |
| Debt issuance / (repay) | 1.1 | 0.7 | 1.6 | 3.0 | |
| Financing cash flow | 0.9 | 0.2 | 1.7 | 1.3 | |
| Free cash flow | 0.7 | 0.4 | 0.2 | (0.4) |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| PROFITABILITY | |||||||
| ROE | 4.6% | 6.3% | 8.1% | 6.3% | 9.8% | 11% | |
| ROA | 1.8% | 2.4% | 3.1% | 2.4% | 3.6% | 3.7% | |
| ROIC | 3.7% | 3.9% | 4.5% | 3.8% | 4.9% | 4.9% | |
| Gross margin | 47.7% | 48.4% | 48.4% | 48.9% | 51.3% | 51.6% | |
| Operating margin | 16.7% | 16.5% | 17.6% | 15.2% | 20.0% | 21.8% | |
| Net margin | 7.5% | 9.7% | 11.8% | 9.3% | 14.6% | 15.6% | |
| EBITDA margin | 39.2% | 40.2% | 41.2% | 39.3% | 44.0% | 45.7% | |
| FCF margin | -3.1% | 9.4% | 5.5% | 2.1% | 16.1% | — | |
| VALUATION | |||||||
| P/E | 141.55 | 81.03 | 75.36 | 109.53 | 55.83 | 63.2 | |
| P/B | 6.51 | 4.96 | 5.85 | 6.60 | 5.32 | 6.8 | |
| P/S | 10.67 | 7.86 | 8.92 | 10.20 | 8.16 | 9.90 | |
| P/FCF | -346.54 | 83.30 | 163.21 | 487.82 | 50.72 | 71.0 | |
| EV/EBITDA | 32.39 | 24.52 | 26.22 | 30.40 | 22.73 | 26.6 | |
| EV/Revenue | 12.70 | 9.86 | 10.80 | 11.96 | 10.27 | 12.2 | |
| Earnings yield | 0.7% | 1.2% | 1.3% | 0.9% | 1.8% | 1.58% | |
| FCF yield | -0.3% | 1.2% | 0.6% | 0.2% | 2.0% | 1.41% | |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| LEVERAGE & SOLVENCY | |||||||
| Current ratio | 1.84 | 1.80 | 1.13 | 1.63 | 1.32 | 1.13 | |
| Quick ratio | 1.84 | 1.80 | 1.13 | 1.63 | 1.32 | 1.13 | |
| Debt / equity | 1.38 | 1.43 | 1.40 | 1.40 | 1.61 | 1.62 | |
| Debt / assets | 53.7% | 54.3% | 53.5% | 54.0% | 56.6% | 56.9% | |
| Net debt / EBITDA | 5.17 | 4.98 | 4.55 | 4.46 | 4.67 | 4.98 | |
| Interest coverage | 2.81 | 3.33 | 3.80 | 3.13 | 3.93 | — | |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| EFFICIENCY | |||||||
| Asset turnover | 0.24 | 0.25 | 0.26 | 0.26 | 0.25 | 0.24 | |
| Receivables turnover | 9.77 | 9.45 | 8.81 | 8.96 | 9.48 | 7.8 | |
| DSO (days) | 37 | 39 | 41 | 41 | 39 | 47 | |
| DPO (days) | 9 | 10 | 12 | 12 | 11 | 97 | |
| Cash conversion cycle | 29 | 29 | 29 | 29 | 28 | -50 | |
| GROWTH (YoY) | |||||||
| Revenue growth | 10.6% | 9.5% | 12.7% | 6.8% | 5.6% | — | |
| Net income growth | 35.3% | 40.8% | 37.6% | -15.9% | 65.6% | — | |
| EPS growth | 33.7% | 37.8% | 34.8% | -17.8% | 63.1% | — | |
| FCF growth | -847.8% | 435.4% | -34.7% | -59.1% | 712.0% | — | |
| PER SHARE ($) | |||||||
| EPS (diluted, TTM) | 5.51 | 7.59 | 10.24 | 8.42 | 13.72 | 15.54 | |
| Book value / share | 119.91 | 124.05 | 131.93 | 139.68 | 143.89 | 145.71 | |
| Revenue / share | 73.12 | 78.31 | 86.49 | 90.33 | 93.91 | 99.62 | |
| FCF / share | -2.25 | 7.39 | 4.73 | 1.89 | 15.11 | 13.89 | |
| Cash / share | 16.93 | 20.55 | 22.14 | 37.25 | 32.80 | 22.55 | |
| SHAREHOLDER RETURN & SCORES | |||||||
| Buyback yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | |
| Altman Z-Score | 2.71 | 2.05 | 2.39 | 2.72 | 1.97 | 2.9 | |
| Piotroski F-Score | 6 | 6 | 7 | 5 | 5 | 5/9 | |
| Beneish M-Score | -2.51 | -2.66 | -2.65 | -2.73 | -3.02 | -2.63 | |
| Model | Score | Zone | Note |
|---|---|---|---|
| Piotroski F-Score | 5 / 9 | Middling | |
| Altman Z-Score | 2.9 | Grey zone | Grey |
| Income quality | 2.58 | Cash-backed | OCF ÷ net income |
| Beneish M-Score | -2.63 | Non-manipulator | vs −2.22 threshold |
| DuPont Decomposition (TTM) | Value |
|---|---|
| Tax burden | 0.90 |
| Interest burden | 0.74 |
| Operating margin | 23.4% |
| Asset turnover | 0.25× |
| Financial leverage | 2.81× |
| = ROE | 11% |
| Growth Quality (live) | Value |
|---|---|
| Revenue stability | 1.00 |
| Earnings stability | 0.92 |
| Earnings persistence | 0.50 |
| Revenue CAGR 3y | 8.3% |
| EPS CAGR 3y | 21.6% |
| FCF CAGR 3y | 93.5% |
| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | Piotroski | 1-yr ret |
|---|---|---|---|---|---|---|---|
| AMT | $86.3B | 25.4 | 91% | 31.6% | +6.7% | 6/9 | -3.2% |
| DLR | $65.3B | 81.1 | 3% | 23.6% | +18.7% | 5/9 | +2.0% |
| CCI | $35.9B | 33.3 | -46% | 30.5% | -23.2% | 6/9 | -15.1% |
| IRM | $33.5B | 80.4 | -41% | 5.0% | +17.4% | 6/9 | +9.9% |
| SBAC | $19.8B | 20.1 | -21% | 27.8% | +5.4% | 8/9 | — |
| LAMR | $15.2B | 27.3 | 59% | 26.1% | +4.4% | 9/9 | — |
| WY | $14.1B | 29.7 | 5% | 8.7% | -1.9% | 6/9 | — |
| GLPI | $11.4B | 11.4 | 20% | 53.1% | +5.8% | 4/9 | — |
| Consensus estimates | Revenue mean | High / Low | EPS mean | High / Low | # EPS est. |
|---|---|---|---|---|---|
| FY2026 | $10.28B | $10.34B / $10.25B | $17.21 | $17.98 / $17.05 | 12 |
| FY2027 | $11.39B | $11.57B / $11.20B | $18.99 | $19.52 / $18.06 | 13 |
| FY2028 | $12.70B | $13.29B / $11.96B | $20.91 | $24.67 / $18.52 | 14 |
| Window | Avg Target | vs. Price | # Targets |
|---|---|---|---|
| Last Month | $1261.00 | +27.9% | 1 |
| Last Quarter | $1257.50 | +27.5% | 12 |
| Last Year | $1120.47 | +13.6% | 40 |
| All Time | $995.00 | +0.9% | 81 |
| Moving Average | Value | Distance | % Distance | Signal |
|---|---|---|---|---|
| SMA 20 | $1022.15 | -36.17 | -3.54% | Below |
| SMA 50 | $1037.76 | -51.78 | -4.99% | Below |
| SMA 200 | $999.11 | -13.13 | -1.31% | Below |
| EMA 9 | $1008.84 | -22.86 | -2.27% | Below |
| EMA 21 | $1018.69 | -32.71 | -3.21% | Below |
| EMA 50 | $1029.80 | -43.82 | -4.26% | Below |
| EMA 200 | $994.06 | -8.08 | -0.81% | Below |
| Level | Value | Level | Value |
|---|---|---|---|
| Pivot / R1 / R2 | $987.39 / $1012.84 / $1029.43 | S1 / S2 | $970.80 / $945.35 |
| Bollinger (20,2) | $984.07 – $1060.22 | Squeeze | ON |
| 52-wk range | $720.62 – $1128.68 | Off 52-wk high | -12.6% |
| ATR (14) | $26.94 (2.7%) | Historical vol | 25.0% |
| Computed from live weekly prices | EQIX | S&P 500 |
|---|---|---|
| Weekly volatility (σ, 1y) | 2.81% | 1.83% |
| Best / worst week (1y) | +8.2% / -6.6% | — |
| Max drawdown (5y, monthly) | -37.1% | — |
| 1-week VaR (95%) | -4.6% | — |
| Beta (5y) | 0.97 | 1.00 |
| Reading | EQIX | REIT - Specialty n=56 | Real Estate n=2,764 | All US symbols n=70,435 |
|---|---|---|---|---|
| Overall | -36.4 | -28.0 | -28.0 | -20.5 |
| Trend | -40.2 | -36.4 | -37.3 | -21.3 |
| Momentum | -36.6 | -7.2 | -17.0 | -15.8 |
| Volume | -28.6 | -32.7 | -26.6 | -3.8 |
| Executive | Total comp | Structure |
|---|---|---|
| Adaire Fox-Martin Chief Executive Officer & | $22.7M | 95% equity+incentive |
| Keith Taylor Chief Financial Officer | $10.2M | 93% equity+incentive |
| Shane Paladin Chief Customer & Revenue Offic | $7.7M | 92% equity+incentive |
| Raouf Abdel EVP, Global Operations | $7.2M | 92% equity+incentive |
| Jon Lin Chief Business Officer | $6.9M | 89% equity+incentive |
| Pillar (live disclosure scores) | Score |
|---|---|
| Environmental | 55 |
| Social | 50 |
| Governance | 58 |
| Composite ESG | 55 |
| Filed | 8-K contents | Items |
|---|---|---|
| 2026-08-06 | Other Events; Exhibits | 8.01,9.01 |
| 2026-07-29 | Material Agreement; Termination of Agreement; Financial Obligation; Ex | 1.01,1.02,2.03,9.01 |
| 2026-07-29 | Earnings Release; Exhibits | 2.02,9.01 |
| 2026-07-14 | Officer/Director Change; Exhibits | 5.02,9.01 |
| 2026-05-15 | Shareholder Vote; Exhibits | 5.07,9.01 |
| 2026-05-07 | Other Events; Exhibits | 8.01,9.01 |
| 2026-04-29 | Earnings Release; Exhibits | 2.02,9.01 |
| 2026-03-10 | Departure/Election of Directors; Appointment of Officers; Regulation F | 5.02,7.01,9.01 |
Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.
| Data domain | Source | Coverage for this report |
|---|---|---|
| Price & volume | market_db.historical_prices | 52 rows |
| Fundamentals | income_statements_annual | 6 rows · 2020 to 2025 |
| Reported vs consensus | fact/earnings_calendar | 24 rows · 2020-10-28 to 2026-07-29 |
| Analyst estimates | dim/forward_estimates | 3 rows · 2026-12-31 to 2028-12-31 |
| Institutional ownership (13F) | holdings_db.institutional_ownership_summary | 51 rows · 2011 to 2026 |
| Insider transactions (Form 4) | edgar/form4 | 12 rows · 2026-05-21 to 2026-09-04 |
| Proposed sales (Form 144) | edgar/form144 | 1 record |
| Beneficial ownership (13D/G) | edgar/13dg | 3 rows · 2026-03-26 to 2026-04-29 |
| Short-sale volume (FINRA) | edgar/short_volume_daily | 60 rows · 2026-07-23 to 2026-10-15 |
| Dark pool (ATS, tier 1) | edgar/darkpool_weekly | 12 rows · 2026-06-15 to 2026-08-31 |
| ETF & fund holding | etf_holdings_changelog (30d) | 1 record |
| Peer set | stock_peers_dynamic | 8 rows |
| Industry medians | industry_medians | 1 record |
| Congressional trades | congress_db (House + Senate) | 1 record |
| ESG | fact/esg_disclosures | 1 record |
Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.
Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.