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 business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was purchased at an average price of $17.69 per share, for a total transaction of $176,900.00. Following the completion of the transaction, the chief executive officer directly owned 70,950 shares in the company, valued at $1,255,105.50. This trade represents a 16.41% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, 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 purchased at an average cost of $17.03 per share, for a total transaction of $255,450.00.
  • On Monday, August 31st, Jabbok Schlacks bought 15,500 shares of EquipmentShare.com stock. The stock was purchased at an average cost of $17.46 per share, with a total value of $270,630.00.
  • On Friday, August 28th, Jabbok Schlacks bought 9,500 shares of EquipmentShare.com stock. The stock was purchased at an average cost of $17.87 per share, with a total value of $169,765.00.
  • On Monday, June 15th, Jabbok Schlacks bought 50,000 shares of EquipmentShare.com stock. The stock was purchased at an average price of $21.12 per share, for a total transaction of $1,056,000.00.

EquipmentShare.com Trading Up 7.8%

Shares of NASDAQ EQPT opened at $19.55 on Friday. The company’s fifty day moving average is $18.74 and its 200-day moving average is $21.75. The stock has a market cap of $4.95 billion and a price-to-earnings ratio of 63.06. EquipmentShare.com Inc has a twelve month low of $15.71 and a twelve month high of $35.50. The company has a quick ratio of 1.91, a current ratio of 2.42 and a debt-to-equity ratio of 3.16.

EquipmentShare.com (NASDAQ:EQPTGet Free Report) last released 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 firm had revenue of $1.45 billion during the quarter. Equities research analysts predict that EquipmentShare.com Inc will post 0.44 EPS for the current year.

EquipmentShare.com declared that its board has authorized a stock buyback program on Friday, July 10th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 12.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Institutional Investors Weigh In On EquipmentShare.com

Hedge funds and other institutional investors have recently bought and sold shares of the company. Chico Wealth RIA bought a new stake in EquipmentShare.com in the 2nd quarter valued at approximately $322,000. Bank of New York Mellon Corp acquired a new stake in shares of EquipmentShare.com in the second quarter valued at approximately $326,000. California State Teachers Retirement System acquired a new stake in shares of EquipmentShare.com in the second quarter valued at approximately $16,447,000. Finally, Wellington Management Group LLP bought a new stake in shares of EquipmentShare.com in the second quarter worth $168,226,000.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on EQPT. BNP Paribas Exane started coverage on EquipmentShare.com in a research report on Monday, June 29th. They set a “neutral” rating and a $22.00 price target on the stock. Wells Fargo & Company dropped their target price 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. Citigroup lifted their price target on shares of EquipmentShare.com from $19.00 to $22.00 and gave the company a “neutral” rating in a research note on Monday, August 17th. UBS Group reduced their price target on shares of EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating for the company in a report on Thursday, August 20th. Finally, Truist Financial reissued a “buy” rating and set a $35.00 price objective (down from $38.00) on shares of EquipmentShare.com in a research report on Tuesday, August 25th. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $34.78.

View Our Latest Research Report on EquipmentShare.com

EquipmentShare.com News Roundup

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

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.

Further Reading

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

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