W Bryan Hill Acquires 21,803 Shares of EquipmentShare.com (NASDAQ:EQPT) Stock

EquipmentShare.com Inc (NASDAQ:EQPTGet Free Report) Director W Bryan Hill acquired 21,803 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was purchased at an average cost of $22.89 per share, for a total transaction of $499,070.67. Following the completion of the transaction, the director owned 35,794 shares in the company, valued at approximately $819,324.66. The trade was a 155.84% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

EquipmentShare.com Trading Down 2.3%

Shares of NASDAQ:EQPT opened at $19.97 on Friday. EquipmentShare.com Inc has a 52 week low of $17.95 and a 52 week high of $35.50. The firm has a 50 day moving average price of $21.97.

EquipmentShare.com (NASDAQ:EQPTGet Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported ($0.11) EPS for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.15. The firm had revenue of $989.00 million during the quarter. The company’s quarterly revenue was up 38.1% compared to the same quarter last year. On average, research analysts forecast that EquipmentShare.com Inc will post 0.55 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on EQPT. KeyCorp began coverage on shares of EquipmentShare.com in a research report on Tuesday, February 17th. They issued a “sector weight” rating on the stock. Citigroup increased their target price on shares of EquipmentShare.com from $22.00 to $26.00 and gave the company a “neutral” rating in a research report on Friday, May 15th. Wells Fargo & Company dropped their target price on shares of EquipmentShare.com from $35.00 to $32.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. The Goldman Sachs Group began coverage on shares of EquipmentShare.com in a research report on Tuesday, February 17th. They issued a “buy” rating and a $51.00 target price on the stock. Finally, Zacks Research raised shares of EquipmentShare.com to a “hold” rating in a research report on Wednesday, February 18th. Six research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $40.25.

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About EquipmentShare.com

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EquipmentShare.com Inc provides integrated, full-service construction solutions across equipment rental, sales and technology. EquipmentShare.com Inc is based in Columbia, Missouri.

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