Insider Buying: EquipmentShare.com (NASDAQ:EQPT) CEO Purchases $176,900.00 in Stock

EquipmentShare.com Inc (NASDAQ:EQPTGet Free Report) CEO Jabbok Schlacks purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The shares were acquired at an average price of $17.69 per share, for a total transaction of $176,900.00. Following the purchase, the chief executive officer directly owned 70,950 shares of the company’s stock, valued at approximately $1,255,105.50. This represents a 16.41% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

  • On Tuesday, September 1st, Jabbok Schlacks purchased 15,000 shares of EquipmentShare.com stock. The shares were acquired at an average price of $17.03 per share, with a total value of $255,450.00.
  • On Monday, August 31st, Jabbok Schlacks bought 15,500 shares of EquipmentShare.com stock. The shares were bought 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 stock was purchased at an average price of $17.87 per share, for a total transaction of $169,765.00.
  • On Monday, June 15th, Jabbok Schlacks acquired 50,000 shares of EquipmentShare.com stock. The shares were purchased at an average cost of $21.12 per share, for a total transaction of $1,056,000.00.

EquipmentShare.com Stock Up 7.8%

NASDAQ EQPT opened at $19.55 on Friday. The stock’s 50 day simple moving average is $18.74 and its 200 day simple moving average is $21.75. EquipmentShare.com Inc has a one year low of $15.71 and a one year high of $35.50. The firm has a market cap of $4.95 billion and a PE ratio of 63.06. The company has a debt-to-equity ratio of 3.16, a current ratio of 2.42 and a quick ratio of 1.91.

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

EquipmentShare.com declared that its board has initiated a stock buyback program on Friday, July 10th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to purchase up to 12.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Trending Headlines about EquipmentShare.com

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

  • Positive Sentiment: CEO Jabbok Schlacks purchased 25,000 shares on September 1–2 for approximately $432,350 combined, following additional purchases in late August. The buying may signal management’s confidence that the recent share-price decline has created attractive value. SEC insider transaction filing
  • Positive Sentiment: EquipmentShare’s previously announced $500 million share-repurchase authorization, representing up to 12.4% of shares, provides potential support for the stock and suggests the board views the shares as undervalued. The company also recently exceeded quarterly EPS expectations, reporting $0.18 versus a consensus loss estimate of $0.10, on $1.45 billion in revenue.
  • Neutral Sentiment: Multiple law firms repeated that September 21, 2026 is the deadline for investors to seek lead-plaintiff status in a pending securities class action covering EquipmentShare’s January 2026 IPO and trading through June 23, 2026. These notices primarily solicit investor participation and do not themselves establish wrongdoing. Kaplan Fox class-action notice
  • Negative Sentiment: The lawsuits allege that IPO disclosures inadequately described related-party transactions and benefits allegedly received by founder-affiliated entities through the OWN Program and T3 platform. If the claims proceed, EquipmentShare could face legal costs, potential damages, management distraction and continued uncertainty. The volume of near-identical law-firm announcements may weigh on investor sentiment. SueWallSt securities lawsuit notice

Analyst Ratings Changes

Several brokerages have commented on EQPT. UBS Group lowered their target price 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. Citizens Jmp reissued a “market outperform” rating and issued a $42.00 price target on shares of EquipmentShare.com in a report on Monday, June 22nd. 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. 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 note on Tuesday, August 25th. Finally, Wells Fargo & Company reduced their target price on EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Six equities research 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $34.78.

Get Our Latest Stock Report on EQPT

Institutional Inflows and Outflows

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

See Also

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

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