EquipmentShare.com Inc (NASDAQ:EQPT – Get Free Report) CEO Jabbok Schlacks purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The stock was bought at an average price of $17.69 per share, with a total value of $176,900.00. Following the acquisition, the chief executive officer owned 100,000 shares in the company, valued at $1,769,000. This trade represents a 11.11% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
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 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 shares were purchased at an average cost of $17.46 per share, for a total transaction 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 price 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 Up 1.9%
EquipmentShare.com stock traded up $0.33 during midday trading on Thursday, hitting $18.14. 1,804,890 shares of the stock were exchanged, compared to its average volume of 2,230,602. EquipmentShare.com Inc has a 1 year low of $15.71 and a 1 year high of $35.50. The company has a debt-to-equity ratio of 3.16, a current ratio of 2.42 and a quick ratio of 1.91. The firm has a market cap of $4.60 billion and a P/E ratio of 58.52. The company has a 50 day moving average price of $18.79 and a two-hundred day moving average price of $21.87.
EquipmentShare.com announced that its board has initiated a stock 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 repurchase up to 12.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its shares are undervalued.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of EQPT. Chico Wealth RIA bought a new position in EquipmentShare.com during the 2nd quarter worth approximately $322,000. Bank of New York Mellon Corp bought a new stake in shares of EquipmentShare.com in the 2nd quarter valued at approximately $326,000. California State Teachers Retirement System acquired a new stake in shares of EquipmentShare.com during the 2nd quarter valued at approximately $16,447,000. Finally, Wellington Management Group LLP acquired a new stake in shares of EquipmentShare.com during the 2nd quarter valued at approximately $168,226,000.
Analyst Ratings Changes
Several research firms have recently commented on EQPT. BNP Paribas Exane started coverage on EquipmentShare.com in a research note on Monday, June 29th. They set a “neutral” rating and a $22.00 target price for the company. Citizens Jmp restated a “market outperform” rating and issued a $42.00 price target on shares of EquipmentShare.com in a research note on Monday, June 22nd. Weiss Ratings raised shares of EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 14th. UBS Group reduced their price objective on shares of EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating on the stock in a research note on Thursday, August 20th. Finally, Citigroup raised their price objective on shares of EquipmentShare.com from $19.00 to $22.00 and gave the stock 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $34.78.
Read Our Latest Report on EquipmentShare.com
EquipmentShare.com News Summary
Here are the key news stories impacting EquipmentShare.com this week:
- Positive Sentiment: CEO Jabbok Schlacks bought 15,500 shares for approximately $270,630 on August 31, after purchasing 9,500 shares worth about $169,765 on August 28. The purchases raised his direct holdings to 75,000 shares and may signal management’s confidence that the recent decline has created an attractive valuation. SEC insider ownership filing
- Positive Sentiment: EquipmentShare’s latest quarterly results exceeded expectations, with earnings of $0.18 per share versus the $0.10-per-share loss analysts had forecast. Revenue totaled $1.45 billion, providing a fundamental counterweight to the legal concerns.
- Neutral Sentiment: Multiple law firms announced the same pending securities class action and reminded investors of the September 21, 2026 deadline to seek lead-plaintiff status. The announcements largely solicit investors and do not establish that EquipmentShare is liable. Faruqi & Faruqi lawsuit notice
- Negative Sentiment: The lawsuit covers EquipmentShare’s January 2026 IPO and securities purchased from January 23 through June 23, 2026. Investor notices allege that IPO disclosures understated or failed to explain related-party transactions involving founder-affiliated entities, including the OWN Program and T3 platform. If the claims proceed, the company could face legal expenses, reputational damage and potential shareholder payments. SueWallSt lawsuit allegations
About EquipmentShare.com
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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