EquipmentShare.com (NASDAQ:EQPT) CEO Acquires $255,450.00 in Stock

EquipmentShare.com Inc (NASDAQ:EQPTGet Free Report) CEO Jabbok Schlacks acquired 15,000 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were purchased at an average price of $17.03 per share, for a total transaction of $255,450.00. Following the transaction, the chief executive officer directly owned 90,000 shares of the company’s stock, valued at approximately $1,532,700. The trade was a 20.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

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

  • On Wednesday, September 2nd, Jabbok Schlacks bought 10,000 shares of EquipmentShare.com stock. The stock was purchased at an average cost of $17.69 per share, for a total transaction of $176,900.00.
  • On Monday, August 31st, Jabbok Schlacks bought 15,500 shares of EquipmentShare.com stock. The stock was purchased at an average price of $17.46 per share, with a total value of $270,630.00.
  • On Friday, August 28th, Jabbok Schlacks purchased 9,500 shares of EquipmentShare.com stock. The shares were purchased at an average cost of $17.87 per share, with a total value of $169,765.00.
  • On Monday, June 15th, Jabbok Schlacks purchased 50,000 shares of EquipmentShare.com stock. The shares were purchased at an average cost 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 current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 3.16. EquipmentShare.com Inc has a 12 month low of $15.71 and a 12 month high of $35.50. The company has a market capitalization of $4.95 billion and a price-to-earnings ratio of 63.06. The firm’s 50-day moving average is $18.74 and its 200 day moving average is $21.75.

EquipmentShare.com (NASDAQ:EQPTGet Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.28. The firm had revenue of $1.45 billion during the quarter. Research analysts predict that EquipmentShare.com Inc will post 0.44 EPS for the current year.

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

Analysts Set New Price Targets

Several equities analysts have commented on EQPT shares. BNP Paribas Exane assumed coverage on EquipmentShare.com in a research report on Monday, June 29th. They issued a “neutral” rating and a $22.00 price objective on the stock. Citizens Jmp reiterated a “market outperform” rating and set a $42.00 target price on shares of EquipmentShare.com in a research report on Monday, June 22nd. Citigroup boosted their target price 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 cut their price target on shares of EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Thursday, August 20th. Finally, Wells Fargo & Company reduced their price target on shares of EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 14th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $34.78.

Read Our Latest Analysis on EQPT

EquipmentShare.com News Summary

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 Inflows and Outflows

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

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.

Featured Articles

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

Receive News & Ratings for EquipmentShare.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EquipmentShare.com and related companies with MarketBeat.com's FREE daily email newsletter.