Insider Buying: EquipmentShare.com (NASDAQ:EQPT) CEO Acquires $169,765.00 in Stock

EquipmentShare.com Inc (NASDAQ:EQPTGet Free Report) CEO Jabbok Schlacks purchased 9,500 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were purchased at an average cost of $17.87 per share, for a total transaction of $169,765.00. Following the completion of the purchase, the chief executive officer directly owned 59,500 shares in the company, valued at $1,063,265. The trade was a 19.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • On Monday, August 31st, Jabbok Schlacks purchased 15,500 shares of EquipmentShare.com stock. The shares were purchased at an average price of $17.46 per share, with a total value of $270,630.00.
  • On Monday, June 15th, Jabbok Schlacks acquired 50,000 shares of EquipmentShare.com stock. The stock was purchased at an average cost of $21.12 per share, with a total value of $1,056,000.00.

EquipmentShare.com Trading Down 4.3%

Shares of EQPT traded down $0.76 on Tuesday, hitting $16.85. 2,898,848 shares of the stock traded hands, compared to its average volume of 2,232,976. The company has a quick ratio of 1.91, a current ratio of 2.42 and a debt-to-equity ratio of 3.16. The firm has a market capitalization of $4.27 billion and a P/E ratio of 54.35. The stock’s 50 day moving average is $19.03 and its two-hundred day moving average is $22.09. EquipmentShare.com Inc has a 1 year low of $15.71 and a 1 year high of $35.50.

EquipmentShare.com (NASDAQ:EQPTGet Free Report) last released its 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 firm had revenue of $1.45 billion during the quarter. As a group, sell-side analysts predict that EquipmentShare.com Inc will post 0.44 earnings per share for the current year.

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

Analyst Ratings Changes

Several equities analysts recently commented on EQPT shares. 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 note on Tuesday, July 14th. Truist Financial reissued a “buy” rating and issued a $35.00 price target (down from $38.00) on shares of EquipmentShare.com in a research note on Tuesday, August 25th. UBS Group dropped 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 note on Thursday, August 20th. BNP Paribas Exane started coverage on shares of EquipmentShare.com in a report on Monday, June 29th. They set a “neutral” rating and a $22.00 price objective on the stock. Finally, Weiss Ratings raised shares of EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, August 14th. Six investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $34.78.

Read Our Latest Report on EQPT

Key Headlines Impacting EquipmentShare.com

Here are the key news stories impacting EquipmentShare.com this week:

  • Positive Sentiment: No material positive company-specific developments were reported in the provided articles.
  • Neutral Sentiment: Investors who purchased EquipmentShare Class A shares in or traceable to the January 2026 IPO, or during the stated class period—generally January 23 through June 23, 2026—have until September 21, 2026 to seek appointment as lead plaintiff. The deadline is procedural and does not establish that the allegations are valid. Portnoy Law Firm class action announcement
  • Negative Sentiment: The lawsuit and related notices allege that EquipmentShare and certain executives violated U.S. securities laws by making materially misleading statements or omitting information in connection with the IPO and subsequent trading period. Several notices reference a June 2026 report alleging undisclosed related-party transactions and a subsequent sharp market correction. EquipmentShare’s potential exposure could include litigation costs, possible damages, reputational harm and increased regulatory scrutiny. Levi & Korsinsky EquipmentShare lawsuit notice
  • Negative Sentiment: The unusually large number of investor-law-firm announcements over the past two days increases the visibility of the allegations and may reinforce selling pressure, even though most releases repeat the same lawsuit and deadline rather than report new evidence. Pomerantz investor alert

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Chico Wealth RIA acquired a new position in EquipmentShare.com in the second quarter valued at $322,000. Bank of New York Mellon Corp acquired a new stake in EquipmentShare.com during the second quarter worth about $326,000. California State Teachers Retirement System acquired a new stake in EquipmentShare.com during the second quarter worth about $16,447,000. Finally, Wellington Management Group LLP purchased a new position in shares of EquipmentShare.com in the 2nd quarter worth about $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.

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