Jabbok Schlacks Purchases 10,000 Shares of EquipmentShare.com (NASDAQ:EQPT) Stock

EquipmentShare.com Inc (NASDAQ:EQPTGet Free Report) CEO Jabbok Schlacks purchased 10,000 shares of the stock in a transaction on Wednesday, September 2nd. The stock was acquired at an average price of $17.69 per share, with a total value of $176,900.00. Following the acquisition, the chief executive officer directly owned 100,000 shares in the company, valued at $1,769,000. This trade represents a 11.11% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Tuesday, September 1st, Jabbok Schlacks acquired 15,000 shares of EquipmentShare.com stock. The shares were bought at an average cost of $17.03 per share, with a total value of $255,450.00.
  • On Monday, August 31st, Jabbok Schlacks acquired 15,500 shares of EquipmentShare.com stock. The shares were bought at an average price of $17.46 per share, for a total transaction of $270,630.00.
  • On Friday, August 28th, Jabbok Schlacks bought 9,500 shares of EquipmentShare.com stock. The stock was bought at an average cost of $17.87 per share, for a total transaction of $169,765.00.
  • On Monday, June 15th, Jabbok Schlacks bought 50,000 shares of EquipmentShare.com stock. The stock was bought at an average price of $21.12 per share, with a total value of $1,056,000.00.

EquipmentShare.com Trading Up 1.9%

EquipmentShare.com stock traded up $0.33 during trading on Thursday, reaching $18.14. The company had a trading volume of 1,804,890 shares, compared to its average volume of 2,230,602. EquipmentShare.com Inc has a 12-month low of $15.71 and a 12-month 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 stock’s 50 day moving average price is $18.79 and its two-hundred day moving average price is $21.87. The firm has a market capitalization of $4.60 billion and a price-to-earnings ratio of 58.52.

EquipmentShare.com (NASDAQ:EQPTGet Free Report) last posted its quarterly earnings results 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. As a group, equities analysts expect that EquipmentShare.com Inc will post 0.44 earnings per share for the current fiscal year.

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

Institutional Trading of EquipmentShare.com

Institutional investors have recently added to or reduced their stakes in the business. Chico Wealth RIA acquired a new stake in EquipmentShare.com in the 2nd quarter valued at $322,000. Bank of New York Mellon Corp purchased a new position in EquipmentShare.com in the second quarter valued at about $326,000. California State Teachers Retirement System acquired a new position in shares of EquipmentShare.com during the second quarter worth about $16,447,000. Finally, Wellington Management Group LLP acquired a new position in shares of EquipmentShare.com during the second quarter worth about $168,226,000.

EquipmentShare.com News Roundup

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

  • Positive Sentiment: CEO Jabbok Schlacks bought 15,500 shares for approximately $270,630 on August 31, after purchasing 9,500 shares worth about $169,765 on August 28. The purchases raised his direct holdings to 75,000 shares and may signal management’s confidence that the recent decline has created an attractive valuation. SEC insider ownership filing
  • Positive Sentiment: EquipmentShare’s latest quarterly results exceeded expectations, with earnings of $0.18 per share versus the $0.10-per-share loss analysts had forecast. Revenue totaled $1.45 billion, providing a fundamental counterweight to the legal concerns.
  • Neutral Sentiment: Multiple law firms announced the same pending securities class action and reminded investors of the September 21, 2026 deadline to seek lead-plaintiff status. The announcements largely solicit investors and do not establish that EquipmentShare is liable. Faruqi & Faruqi lawsuit notice
  • Negative Sentiment: The lawsuit covers EquipmentShare’s January 2026 IPO and securities purchased from January 23 through June 23, 2026. Investor notices allege that IPO disclosures understated or failed to explain related-party transactions involving founder-affiliated entities, including the OWN Program and T3 platform. If the claims proceed, the company could face legal expenses, reputational damage and potential shareholder payments. SueWallSt lawsuit allegations

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on EQPT shares. BNP Paribas Exane began coverage on EquipmentShare.com in a report on Monday, June 29th. They issued a “neutral” rating and a $22.00 target price on the stock. Citizens Jmp restated a “market outperform” rating and set a $42.00 price target on shares of EquipmentShare.com in a research note on Monday, June 22nd. Wells Fargo & Company cut their price objective on EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Weiss Ratings raised EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, August 14th. Finally, Truist Financial reiterated a “buy” rating and set a $35.00 target price (down from $38.00) on shares of EquipmentShare.com in a report on Tuesday, August 25th. 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 MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $34.78.

Check Out Our Latest Research Report on EQPT

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.

See Also

Insider Buying and Selling by Quarter for EquipmentShare.com (NASDAQ:EQPT)

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