EquipmentShare.com Inc (NASDAQ:EQPT – Get Free Report) CEO Jabbok Schlacks bought 2,100 shares of the stock in a transaction on Monday, September 14th. The shares were acquired at an average price of $18.00 per share, with a total value of $37,800.00. Following the purchase, the chief executive officer owned 102,100 shares of the company’s stock, valued at $1,837,800. The trade was a 2.10% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Jabbok Schlacks also recently made the following trade(s):
- On Tuesday, September 15th, Jabbok Schlacks purchased 22,900 shares of EquipmentShare.com stock. The stock was acquired at an average price of $17.76 per share, for a total transaction of $406,704.00.
- On Wednesday, September 2nd, Jabbok Schlacks purchased 10,000 shares of EquipmentShare.com stock. The stock was acquired at an average cost of $17.69 per share, with a total value of $176,900.00.
- On Tuesday, September 1st, Jabbok Schlacks acquired 15,000 shares of EquipmentShare.com stock. The shares were acquired at an average price 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 bought 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 bought at an average price of $17.87 per share, for a total transaction of $169,765.00.
EquipmentShare.com Trading Down 1.9%
Shares of NASDAQ EQPT opened at $18.03 on Friday. EquipmentShare.com Inc has a 12-month low of $15.71 and a 12-month high of $35.50. The company has a market cap of $4.57 billion and a price-to-earnings ratio of 58.16. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 3.16. The stock’s 50 day simple moving average is $18.68 and its 200 day simple moving average is $20.84.
EquipmentShare.com declared that its board has initiated 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 purchase up to 12.4% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its stock is undervalued.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Engineers Gate Manager LP acquired a new position in shares of EquipmentShare.com during the second quarter valued at approximately $679,000. Arizona State Retirement System acquired a new stake in EquipmentShare.com in the second quarter worth approximately $205,000. Waverly Advisors LLC bought a new position in EquipmentShare.com during the 2nd quarter valued at $2,387,000. Chico Wealth RIA acquired a new position in shares of EquipmentShare.com during the 2nd quarter valued at $322,000. Finally, Wellington Management Group LLP acquired a new position in shares of EquipmentShare.com during the 2nd quarter valued at $168,226,000.
More EquipmentShare.com News
Here are the key news stories impacting EquipmentShare.com this week:
- Positive Sentiment: CEO Jabbok Schlacks recently purchased 22,900 shares at an average price of $17.76 and another 2,100 shares at $18.00, investing approximately $444,500 in total. Additional purchases reported in recent weeks bring his buying substantially higher, which may signal that management views EQPT as undervalued after its decline. Insider buying report
- Neutral Sentiment: EquipmentShare’s latest quarterly results were stronger than expected, with earnings of $0.18 per share versus analysts’ projected loss of $0.10 and revenue of $1.45 billion. However, the results were released before the current legal developments and may have limited influence on the stock’s immediate direction.
- Negative Sentiment: Multiple law firms are publicizing a federal securities class action alleging that EquipmentShare’s IPO disclosures inadequately described founder-affiliated related-party transactions and exposure to the company’s OWN Program. The allegations have not been proven, but the case could create legal expenses, potential damages, regulatory scrutiny and reputational risk. Securities lawsuit announcement
- Negative Sentiment: The September 21, 2026 deadline for investors to seek lead-plaintiff status has prompted repeated legal notices, keeping the allegations prominent and increasing uncertainty around EQPT. The stock also remains below its 50-day and 200-day moving averages, indicating continued technical weakness. Kaplan Fox class action notice
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on EQPT shares. Weiss Ratings raised EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 14th. BNP Paribas Exane began coverage on EquipmentShare.com in a report on Monday, June 29th. They issued a “neutral” rating and a $22.00 price objective for the company. UBS Group lowered their target price on EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating on the stock in a research report on Thursday, August 20th. Citigroup lifted their target price on EquipmentShare.com from $19.00 to $22.00 and gave the company a “neutral” rating in a research note on Monday, August 17th. Finally, Wells Fargo & Company reduced their price target 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. Six equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $34.78.
Read Our Latest Stock Report on EQPT
EquipmentShare.com Company Profile
EquipmentShare.com is a technology-enabled equipment rental and services company serving the construction and industrial sectors. The company provides access to construction equipment, including aerial lifts, earthmoving machinery, material-handling equipment, generators and other jobsite assets, through a network of locations across the United States.
Its business combines equipment rental and sales with maintenance, repair and related support services. EquipmentShare also offers technology intended to help contractors manage fleets and jobsites.
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