EquipmentShare.com Inc (NASDAQ:EQPT – Get Free Report) CEO Jabbok Schlacks purchased 15,000 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was acquired at an average price of $17.03 per share, with a total value of $255,450.00. Following the completion of the purchase, the chief executive officer directly owned 90,000 shares in the company, valued at $1,532,700. This trade represents a 20.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Jabbok Schlacks also recently made the following trade(s):
- On Wednesday, September 2nd, Jabbok Schlacks acquired 10,000 shares of EquipmentShare.com stock. The shares were bought at an average price of $17.69 per share, for a total transaction of $176,900.00.
- 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 shares were bought at an average price of $21.12 per share, with a total value of $1,056,000.00.
EquipmentShare.com Stock Performance
Shares of NASDAQ EQPT opened at $19.55 on Friday. The company has a market cap of $4.95 billion and a P/E ratio of 63.06. 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 quick ratio of 1.91 and a current ratio of 2.42. The firm’s fifty day moving average is $18.74 and its two-hundred day moving average is $21.75.
EquipmentShare.com declared that its Board of Directors has approved a share repurchase plan on Friday, July 10th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to repurchase up to 12.4% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.
Key EquipmentShare.com News
Here are the key news stories impacting EquipmentShare.com this week:
- Positive Sentiment: CEO Jabbok Schlacks purchased 25,000 shares on September 1–2 for approximately $432,350 combined, following additional purchases in late August. The buying may signal management’s confidence that the recent share-price decline has created attractive value. SEC insider transaction filing
- Positive Sentiment: EquipmentShare’s previously announced $500 million share-repurchase authorization, representing up to 12.4% of shares, provides potential support for the stock and suggests the board views the shares as undervalued. The company also recently exceeded quarterly EPS expectations, reporting $0.18 versus a consensus loss estimate of $0.10, on $1.45 billion in revenue.
- Neutral Sentiment: Multiple law firms repeated that September 21, 2026 is the deadline for investors to seek lead-plaintiff status in a pending securities class action covering EquipmentShare’s January 2026 IPO and trading through June 23, 2026. These notices primarily solicit investor participation and do not themselves establish wrongdoing. Kaplan Fox class-action notice
- Negative Sentiment: The lawsuits allege that IPO disclosures inadequately described related-party transactions and benefits allegedly received by founder-affiliated entities through the OWN Program and T3 platform. If the claims proceed, EquipmentShare could face legal costs, potential damages, management distraction and continued uncertainty. The volume of near-identical law-firm announcements may weigh on investor sentiment. SueWallSt securities lawsuit notice
Institutional Investors Weigh In On EquipmentShare.com
Several hedge funds have recently made changes to their positions in the company. Chico Wealth RIA purchased a new position in shares of EquipmentShare.com during the second quarter valued at $322,000. Bank of New York Mellon Corp purchased a new stake in EquipmentShare.com in the second quarter worth about $326,000. California State Teachers Retirement System purchased a new stake in EquipmentShare.com in the second quarter worth about $16,447,000. Finally, Wellington Management Group LLP bought a new position in EquipmentShare.com during the 2nd quarter worth about $168,226,000.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on EQPT. BNP Paribas Exane began coverage on EquipmentShare.com in a report on Monday, June 29th. They set a “neutral” rating and a $22.00 price objective on the stock. Wells Fargo & Company dropped their target price on EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. Citigroup upped their price target on shares of EquipmentShare.com from $19.00 to $22.00 and gave the stock a “neutral” rating in a report on Monday, August 17th. UBS Group lowered their price objective on shares of EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating for the company in a research report on Thursday, August 20th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $42.00 target price on shares of EquipmentShare.com in a research note on Monday, June 22nd. Six investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $34.78.
View Our Latest Stock Analysis on EQPT
EquipmentShare.com Company Profile
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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