EquipmentShare.com (NASDAQ:EQPT) CEO Purchases $270,630.00 in Stock

EquipmentShare.com Inc (NASDAQ:EQPTGet Free Report) CEO Jabbok Schlacks purchased 15,500 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was purchased at an average price of $17.46 per share, for a total transaction of $270,630.00. Following the purchase, the chief executive officer owned 75,000 shares in the company, valued at $1,309,500. This represents a 26.05% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

  • On Wednesday, September 2nd, Jabbok Schlacks acquired 10,000 shares of EquipmentShare.com stock. The shares were purchased at an average cost of $17.69 per share, for a total transaction of $176,900.00.
  • 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, with a total value of $255,450.00.
  • On Friday, August 28th, Jabbok Schlacks bought 9,500 shares of EquipmentShare.com stock. The stock was purchased at an average cost of $17.87 per share, with a total value of $169,765.00.
  • On Monday, June 15th, Jabbok Schlacks bought 50,000 shares of EquipmentShare.com stock. The stock was purchased at an average price of $21.12 per share, for a total transaction of $1,056,000.00.

EquipmentShare.com Trading Up 1.9%

NASDAQ:EQPT opened at $18.14 on Friday. The company’s 50 day moving average price is $18.76 and its 200-day moving average price is $21.76. EquipmentShare.com Inc has a 52 week low of $15.71 and a 52 week high of $35.50. 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 stock has a market cap of $4.60 billion and a price-to-earnings ratio of 58.52.

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

EquipmentShare.com announced that its board has approved a share buyback program on Friday, July 10th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to buy up to 12.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several research firms recently commented on EQPT. Truist Financial reaffirmed a “buy” rating and set a $35.00 price objective (down from $38.00) on shares of EquipmentShare.com in a research report on Tuesday, August 25th. Wells Fargo & Company decreased their target price 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. Citizens Jmp restated a “market outperform” rating and set a $42.00 target price on shares of EquipmentShare.com in a research note on Monday, June 22nd. UBS Group lowered their target price 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, BNP Paribas Exane initiated coverage on shares of EquipmentShare.com in a report on Monday, June 29th. They set a “neutral” rating and a $22.00 price target on the stock. Six equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $34.78.

Check Out Our Latest Research Report on EQPT

EquipmentShare.com News Roundup

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

  • Positive Sentiment: CEO Jabbok Schlacks purchased 15,000 shares on September 1 at an average price of $17.03 and another 10,000 shares on September 2 at $17.69, investing a combined $432,350. These purchases followed additional buying on August 28 and August 31, suggesting the CEO considers the recent decline an attractive entry point and may be signaling confidence in EquipmentShare’s long-term prospects. SEC insider transaction filing
  • Neutral Sentiment: Multiple law firms reiterated that September 21, 2026 is the deadline for investors to seek lead-plaintiff status in a pending securities class action involving EquipmentShare’s January 2026 IPO and subsequent trading period. These announcements largely solicit investor participation and do not establish that the company violated securities laws. Faruqi & Faruqi class-action notice
  • Negative Sentiment: The lawsuits allege that EquipmentShare’s IPO disclosures failed to fully describe related-party transactions and the value allegedly directed to founder-affiliated entities through the OWN Program and T3 platform. If the claims advance, the company could face litigation expenses, potential damages, management distraction and further investor uncertainty. The unusually large number of similar law-firm releases may also weigh on sentiment in the near term. SueWallSt securities lawsuit notice

Hedge Funds Weigh In On EquipmentShare.com

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

EquipmentShare.com Company Profile

(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.

Further Reading

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

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