Insider Buying: EquipmentShare.com (NASDAQ:EQPT) CEO Acquires $169,765.00 in Stock

EquipmentShare.com Inc (NASDAQ:EQPTGet Free Report) CEO Jabbok Schlacks acquired 9,500 shares of EquipmentShare.com stock in a transaction dated Friday, August 28th. The stock was acquired at an average cost of $17.87 per share, with a total value of $169,765.00. Following the completion of the transaction, the chief executive officer directly owned 59,500 shares of the company’s stock, valued at $1,063,265. This trade represents a 19.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Wednesday, September 2nd, Jabbok Schlacks bought 10,000 shares of EquipmentShare.com stock. The shares were bought at an average cost of $17.69 per share, for a total transaction of $176,900.00.
  • On Tuesday, September 1st, Jabbok Schlacks bought 15,000 shares of EquipmentShare.com stock. The shares were bought at an average price of $17.03 per share, with a total value of $255,450.00.
  • On Monday, August 31st, Jabbok Schlacks purchased 15,500 shares of EquipmentShare.com stock. The stock was bought at an average cost of $17.46 per share, with a total value of $270,630.00.
  • On Monday, June 15th, Jabbok Schlacks purchased 50,000 shares of EquipmentShare.com stock. The stock was bought at an average price of $21.12 per share, for a total transaction of $1,056,000.00.

EquipmentShare.com Stock Performance

NASDAQ EQPT opened at $18.14 on Friday. The company’s fifty day moving average is $18.76 and its two-hundred day moving average is $21.76. EquipmentShare.com Inc has a 52-week low of $15.71 and a 52-week high of $35.50. 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 market capitalization of $4.60 billion and a price-to-earnings ratio of 58.52.

EquipmentShare.com (NASDAQ:EQPTGet Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.28. The company had revenue of $1.45 billion for the quarter. Equities research analysts forecast that EquipmentShare.com Inc will post 0.44 EPS for the current year.

EquipmentShare.com declared that its Board of Directors has initiated a stock repurchase plan on Friday, July 10th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 12.4% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Institutional Investors Weigh In On EquipmentShare.com

Large investors have recently modified their holdings of the stock. Chico Wealth RIA bought a new stake in EquipmentShare.com in the second quarter valued at $322,000. Bank of New York Mellon Corp acquired a new position in EquipmentShare.com during the second quarter worth $326,000. California State Teachers Retirement System bought a new position in shares of EquipmentShare.com during the second quarter valued at $16,447,000. Finally, Wellington Management Group LLP bought a new position in shares of EquipmentShare.com during the second quarter valued at $168,226,000.

Trending Headlines about EquipmentShare.com

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

  • Positive Sentiment: CEO Jabbok Schlacks purchased 15,000 shares on September 1 at an average price of $17.03 and another 10,000 shares on September 2 at $17.69, investing a combined $432,350. These purchases followed additional buying on August 28 and August 31, suggesting the CEO considers the recent decline an attractive entry point and may be signaling confidence in EquipmentShare’s long-term prospects. SEC insider transaction filing
  • Neutral Sentiment: Multiple law firms reiterated that September 21, 2026 is the deadline for investors to seek lead-plaintiff status in a pending securities class action involving EquipmentShare’s January 2026 IPO and subsequent trading period. These announcements largely solicit investor participation and do not establish that the company violated securities laws. Faruqi & Faruqi class-action notice
  • Negative Sentiment: The lawsuits allege that EquipmentShare’s IPO disclosures failed to fully describe related-party transactions and the value allegedly directed to founder-affiliated entities through the OWN Program and T3 platform. If the claims advance, the company could face litigation expenses, potential damages, management distraction and further investor uncertainty. The unusually large number of similar law-firm releases may also weigh on sentiment in the near term. SueWallSt securities lawsuit notice

Analyst Upgrades and Downgrades

EQPT has been the topic of several recent research reports. UBS Group decreased their price objective on EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Thursday, August 20th. Weiss Ratings raised EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, August 14th. Citizens Jmp reiterated 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 lowered their price target on shares of EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Finally, Truist Financial restated a “buy” rating and issued a $35.00 price objective (down from $38.00) on shares of EquipmentShare.com in a research note on Tuesday, August 25th. Six investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, EquipmentShare.com presently has an average rating of “Hold” and a consensus target price of $34.78.

View Our Latest Analysis 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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