William Schlacks Buys 1,850 Shares of EquipmentShare.com (NASDAQ:EQPT) Stock

Posted by Brian Himes on Aug 18th, 2026

EquipmentShare.com Inc (NASDAQ:EQPT – Get Free Report) insider William Schlacks acquired 1,850 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was purchased at an average price of $20.81 per share, for a total transaction of $38,498.50. Following the acquisition, the insider directly owned 51,850 shares in the company, valued at approximately $1,078,998.50. This trade represents a 3.70% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

EquipmentShare.com Stock Down 8.8%

Shares of EQPT traded down $1.89 during mid-day trading on Tuesday, hitting $19.54. 3,253,025 shares of the company’s stock were exchanged, compared to its average volume of 3,318,215. EquipmentShare.com Inc has a fifty-two week low of $15.71 and a fifty-two week high of $35.50. The company has a debt-to-equity ratio of 3.16, a quick ratio of 1.91 and a current ratio of 2.42. The company has a 50-day moving average of $19.79.

EquipmentShare.com (NASDAQ:EQPT – Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.28. The company had revenue of $1.45 billion for the quarter. Analysts forecast that EquipmentShare.com Inc will post 0.38 earnings per share for the current fiscal year.

EquipmentShare.com announced that its Board of Directors has approved a share repurchase plan on Friday, July 10th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to repurchase up to 12.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its shares are undervalued.

EquipmentShare.com News Roundup

Here are the key news stories impacting EquipmentShare.com this week:

Positive Sentiment: Citigroup raised its price target on EquipmentShare.com from $19 to $22 while maintaining a “neutral” rating. The new target implies potential upside from recent trading levels, although the unchanged neutral recommendation limits the bullish signal. Citigroup raises EquipmentShare.com price target
Neutral Sentiment: Multiple law firms publicized the same previously filed securities class action and reminded investors of the September 21, 2026 deadline to seek lead-plaintiff status. The announcements are largely duplicative rather than evidence of separate lawsuits, but they increase visibility around the allegations. Kaplan Fox class action deadline notice
Negative Sentiment: EquipmentShare.com faces investor allegations tied to its January 2026 IPO and the January 23–June 23, 2026 class period. The complaints reportedly claim that IPO disclosures understated founder-affiliated related-party transactions and exposure to the company’s OWN Program, potentially creating legal costs, reputational risk and uncertainty over future liabilities. The allegations have not been proven. Pomerantz EquipmentShare investor alert
Negative Sentiment: Major shareholder Neil Chheda disclosed sales totaling roughly 2.20 million EQPT shares for approximately $45.4 million across August 14 and August 18 transactions. Although he continues to own a significant stake, the sizable disposals may be interpreted as reduced insider conviction and add near-term selling pressure. EquipmentShare.com SEC insider sale filing

Institutional Inflows and Outflows

A hedge fund recently bought a new position in EquipmentShare.com stock. Bank of New York Mellon Corp acquired a new position in shares of EquipmentShare.com Inc (NASDAQ:EQPT – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 16,605 shares of the company’s stock, valued at approximately $326,000.

Analyst Ratings Changes

Several analysts have recently commented on EQPT shares. Citigroup raised their target price on shares of EquipmentShare.com from $19.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday. Weiss Ratings raised shares of EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday. Truist Financial lowered their price target on shares of EquipmentShare.com from $41.00 to $38.00 and set a “buy” rating on the stock in a research report on Thursday, July 2nd. BNP Paribas Exane started coverage on EquipmentShare.com in a research report on Monday, June 29th. They set a “neutral” rating and a $22.00 price target for the company. Finally, Wells Fargo & Company decreased their price target on shares of EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 14th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $36.67.

Read Our Latest Research Report on EquipmentShare.com

EquipmentShare.com Company Profile

(Get Free Report)

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