Jabbok Schlacks Acquires 15,500 Shares of EquipmentShare.com (NASDAQ:EQPT) Stock

Posted by Francis Steltz on Sep 3rd, 2026

EquipmentShare.com Inc (NASDAQ:EQPT – Get Free Report) CEO Jabbok Schlacks acquired 15,500 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were purchased at an average cost of $17.46 per share, with a total value of $270,630.00. Following the transaction, the chief executive officer directly owned 75,000 shares of the company’s stock, valued at $1,309,500. This trade represents a 26.05% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Jabbok Schlacks also recently made the following trade(s):

On Friday, August 28th, Jabbok Schlacks purchased 9,500 shares of EquipmentShare.com stock. The shares were purchased at an average price of $17.87 per share, for a total transaction of $169,765.00.
On Monday, June 15th, Jabbok Schlacks acquired 50,000 shares of EquipmentShare.com stock. The stock was purchased at an average cost of $21.12 per share, for a total transaction of $1,056,000.00.

EquipmentShare.com Stock Up 5.7%

Shares of EQPT opened at $17.81 on Thursday. EquipmentShare.com Inc has a one year low of $15.71 and a one year high of $35.50. The company has a market cap of $4.51 billion and a P/E ratio of 57.45. The company has a debt-to-equity ratio of 3.16, a current ratio of 2.42 and a quick ratio of 1.91. The firm has a 50 day simple moving average of $18.79 and a two-hundred day simple moving average of $21.87.

EquipmentShare.com (NASDAQ:EQPT – Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.28. The business had revenue of $1.45 billion during the quarter. Research analysts forecast that EquipmentShare.com Inc will post 0.44 EPS for the current fiscal year.

EquipmentShare.com announced that its Board of Directors has authorized a stock repurchase program on Friday, July 10th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to purchase up to 12.4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Citigroup increased their price target on EquipmentShare.com from $19.00 to $22.00 and gave the stock a “neutral” rating in a report on Monday, August 17th. Wells Fargo & Company dropped their price objective on EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 14th. Citizens Jmp restated a “market outperform” rating and set a $42.00 target price on shares of EquipmentShare.com in a research report on Monday, June 22nd. Truist Financial reaffirmed a “buy” rating and set a $35.00 target price (down from $38.00) on shares of EquipmentShare.com in a research note on Tuesday, August 25th. Finally, BNP Paribas Exane assumed coverage on EquipmentShare.com in a research note on Monday, June 29th. They issued a “neutral” rating and a $22.00 price target on the stock. Six analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $34.78.

Check Out Our Latest Stock Analysis on EquipmentShare.com

Institutional Trading of EquipmentShare.com

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP purchased a new stake in shares of EquipmentShare.com in the second quarter worth approximately $168,226,000. California State Teachers Retirement System purchased a new position in shares of EquipmentShare.com during the second quarter valued at approximately $16,447,000. Bank of New York Mellon Corp bought a new stake in EquipmentShare.com during the second quarter worth $326,000. Finally, Chico Wealth RIA bought a new stake in EquipmentShare.com during the second quarter worth $322,000.

More EquipmentShare.com News

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

Positive Sentiment: CEO Jabbok Schlacks purchased 15,500 shares for approximately $270,630 on August 31 and 9,500 shares for about $169,765 on August 28. The transactions increased his direct holdings to 75,000 shares and signal that management may view the recent decline as an attractive buying opportunity. CEO insider buying report
Neutral Sentiment: Multiple law firms issued similar announcements about an existing securities class action and a September 21, 2026 deadline for investors to seek lead-plaintiff status. These releases are largely investor-solicitation notices and do not determine whether EquipmentShare is liable. Howard G. Smith class-action deadline notice
Negative Sentiment: The lawsuits cover EquipmentShare’s January 2026 initial public offering and purchases made during a period generally spanning January 23 through June 23, 2026. Attorneys allege that the company’s IPO and subsequent disclosures omitted material information, including purported related-party transactions. If the claims proceed, EQPT could face legal expenses, reputational damage and uncertainty regarding potential investor compensation. Glancy Prongay securities-fraud lawsuit notice

About EquipmentShare.com

(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.