EquipmentShare.com (NASDAQ:EQPT) CEO Acquires 2,100 Shares

EquipmentShare.com Inc (NASDAQ:EQPT) CEO Jabbok Schlacks bought 2,100 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were purchased at an average cost of $18.00 per share, with a total value of $37,800.00. Following the completion of the acquisition, the chief executive officer owned 102,100 shares in the company, valued at approximately $1,837,800. This represents a 2.10% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Tuesday, September 15th, Jabbok Schlacks purchased 22,900 shares of EquipmentShare.com stock. The shares were purchased at an average cost of $17.76 per share, for a total transaction of $406,704.00.
• On Wednesday, September 2nd, Jabbok Schlacks acquired 10,000 shares of EquipmentShare.com stock. The stock was purchased 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 stock was purchased at an average cost of $17.03 per share, with a total value of $255,450.00.
• On Monday, August 31st, Jabbok Schlacks acquired 15,500 shares of EquipmentShare.com stock. The stock was purchased at an average price of $17.46 per share, with a total value of $270,630.00.
• On Friday, August 28th, Jabbok Schlacks bought 9,500 shares of EquipmentShare.com stock. The shares were purchased at an average cost of $17.87 per share, for a total transaction of $169,765.00.

EquipmentShare.com Price Performance

Shares of NASDAQ:EQPT traded down $0.10 during trading on Wednesday, reaching $17.58. 3,311,185 shares of the company’s stock traded hands, compared to its average volume of 2,236,000. 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 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 cap of $4.45 billion and a PE ratio of 56.71. The company has a 50-day simple moving average of $18.63 and a 200-day simple moving average of $21.02.

EquipmentShare.com (NASDAQ:EQPT) last released its quarterly earnings results 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 business had revenue of $1.45 billion during the quarter. As a group, analysts predict that EquipmentShare.com Inc will post 0.44 earnings per share for the current year.

EquipmentShare.com announced that its Board of Directors has approved a stock repurchase plan on Friday, July 10th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 12.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on EQPT shares. Truist Financial reiterated a “buy” rating and set a $35.00 target price (down from $38.00) on shares of EquipmentShare.com in a research report on Tuesday, August 25th. Weiss Ratings upgraded shares of EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, August 14th. UBS Group decreased their price objective on shares of EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Thursday, August 20th. BNP Paribas Exane started coverage on shares of EquipmentShare.com in a research report on Monday, June 29th. They issued a “neutral” rating and a $22.00 target price on the stock. Finally, Wells Fargo & Company cut their target price on shares of EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. 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 company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $34.78.

Hedge Funds Weigh In On EquipmentShare.com

Several hedge funds and other institutional investors have recently made changes to their positions in EQPT. Wellington Management Group LLP purchased a new stake in shares of EquipmentShare.com during the second quarter worth approximately $168,226,000. Waverly Advisors LLC acquired a new stake in EquipmentShare.com during the 2nd quarter worth $2,387,000. Engineers Gate Manager LP purchased a new stake in shares of EquipmentShare.com during the second quarter worth $679,000. Bank of New York Mellon Corp acquired a new stake in shares of EquipmentShare.com in the second quarter valued at about $326,000. Finally, Chico Wealth RIA purchased a new position in shares of EquipmentShare.com in the second quarter worth about $322,000.

EquipmentShare.com News Summary

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

• Negative Sentiment: Several law firms, including Kaplan Fox, Levi & Korsinsky, and Faruqi & Faruqi, reminded investors that a securities class action has been filed against EquipmentShare. The case covers investors who purchased shares in or traceable to the company’s January 2026 IPO, as well as purchases made from January 23 through June 23, 2026. Kaplan Fox class action notice
• Negative Sentiment: The allegations center on claims that EquipmentShare failed to disclose related-party transactions involving at least $77 million allegedly funneled to entities affiliated with the company’s founder. The legal complaints assert that investors were harmed after the allegations became public and the shares experienced a sharp correction. These claims have not been proven in court. SueWallSt shareholder alert
• Negative Sentiment: At least a dozen investor-law-firm notices were issued between September 14 and 16, urging affected shareholders to seek lead-plaintiff status before the September 21 deadline. The high volume of notices may amplify concerns about disclosure controls, governance, potential litigation costs, and future settlement or liability exposure. Rosen Law Firm deadline notice
• Neutral Sentiment: The announcements do not provide new quarterly results, guidance, or changes to EquipmentShare’s business outlook. Investors will likely focus on the company’s response to the allegations and any developments in the litigation.

About EquipmentShare.com

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.