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

EquipmentShare.com Inc (NASDAQ:EQPTGet Free Report) insider William Schlacks bought 1,850 shares of EquipmentShare.com stock in a transaction on Friday, August 14th. The stock was acquired at an average price of $20.81 per share, for a total transaction of $38,498.50. Following the purchase, the insider owned 51,850 shares of the company’s stock, valued at approximately $1,078,998.50. This trade represents a 3.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

EquipmentShare.com Trading Down 8.8%

NASDAQ:EQPT opened at $19.54 on Wednesday. The company has a market capitalization of $4.93 billion and a P/E ratio of 63.03. EquipmentShare.com Inc has a twelve month low of $15.71 and a twelve 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 fifty day simple moving average is $19.79.

EquipmentShare.com (NASDAQ:EQPTGet Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of ($0.10) by $0.28. The company had revenue of $1.45 billion during the quarter. As a group, equities research analysts predict that EquipmentShare.com Inc will post 0.38 EPS for the current fiscal year.

EquipmentShare.com declared that its Board of Directors has approved a share buyback program on Friday, July 10th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 12.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

A number of analysts recently issued reports on EQPT shares. Citizens Jmp reiterated a “market outperform” rating and issued a $42.00 price target on shares of EquipmentShare.com in a report on Monday, June 22nd. Citigroup raised their price objective on EquipmentShare.com from $19.00 to $22.00 and gave the stock a “neutral” rating in a report on Monday. Weiss Ratings raised EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday. Truist Financial lowered their target price on EquipmentShare.com from $41.00 to $38.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Finally, Wells Fargo & Company dropped their price target on EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $36.67.

View Our Latest Analysis on EQPT

EquipmentShare.com News Summary

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 Investors Weigh In On EquipmentShare.com

A hedge fund recently bought a new position in EquipmentShare.com stock. Bank of New York Mellon Corp acquired a new stake in shares of EquipmentShare.com Inc (NASDAQ:EQPTFree Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 16,605 shares of the company’s stock, valued at approximately $326,000.

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.

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