EquipmentShare.com (NASDAQ:EQPT) CEO Jabbok Schlacks Buys 9,500 Shares

EquipmentShare.com Inc (NASDAQ:EQPTGet Free Report) CEO Jabbok Schlacks purchased 9,500 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was bought at an average price of $17.87 per share, with a total value of $169,765.00. Following the acquisition, the chief executive officer directly owned 59,500 shares in the company, valued at approximately $1,063,265. This represents a 19.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

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

EquipmentShare.com Price Performance

EQPT traded down $0.76 on Tuesday, hitting $16.85. 2,898,848 shares of the company were exchanged, compared to its average volume of 2,232,976. EquipmentShare.com Inc has a fifty-two week low of $15.71 and a fifty-two week 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 firm has a market capitalization of $4.27 billion and a P/E ratio of 54.35. The business’s fifty day moving average is $19.03 and its 200 day moving average is $22.09.

EquipmentShare.com (NASDAQ:EQPTGet Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.28. The company had revenue of $1.45 billion for the quarter. As a group, sell-side analysts anticipate that EquipmentShare.com Inc will post 0.44 EPS for the current year.

EquipmentShare.com declared that its Board of Directors has initiated a stock repurchase program 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 programs are typically an indication that the company’s board believes its stock is undervalued.

Trending Headlines about 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

Wall Street Analysts Forecast Growth

Several analysts have weighed in on EQPT shares. Citizens Jmp reissued a “market outperform” rating and issued a $42.00 target price on shares of EquipmentShare.com in a report on Monday, June 22nd. UBS Group cut their price target on 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 assumed coverage on shares of EquipmentShare.com in a research report on Monday, June 29th. They issued a “neutral” rating and a $22.00 price objective on the stock. Weiss Ratings raised shares of EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, August 14th. Finally, Citigroup raised their target price on shares of EquipmentShare.com from $19.00 to $22.00 and gave the company a “neutral” rating in a report on Monday, August 17th. Six equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, EquipmentShare.com has an average rating of “Hold” and a consensus target price of $34.78.

View Our Latest Report on EquipmentShare.com

Institutional Investors Weigh In On EquipmentShare.com

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

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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