EquipmentShare.com Inc (NASDAQ:EQPT – Get Free Report) CEO Jabbok Schlacks bought 2,100 shares of EquipmentShare.com stock in a transaction dated Monday, September 14th. The stock was acquired at an average cost of $18.00 per share, for a total transaction of $37,800.00. Following the purchase, the chief executive officer directly owned 102,100 shares in the company, valued at approximately $1,837,800. The trade was a 2.10% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 acquired at an average cost of $17.76 per share, with a total value of $406,704.00.
- On Wednesday, September 2nd, Jabbok Schlacks acquired 10,000 shares of EquipmentShare.com stock. The stock was acquired at an average price 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 stock was acquired at an average price of $17.03 per share, for a total transaction of $255,450.00.
- On Monday, August 31st, Jabbok Schlacks acquired 15,500 shares of EquipmentShare.com stock. The stock was acquired 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 shares were acquired at an average cost of $17.87 per share, with a total value of $169,765.00.
EquipmentShare.com Price Performance
EQPT opened at $17.58 on Thursday. The company has a fifty day moving average price of $18.65 and a two-hundred day moving average price of $20.94. The firm has a market capitalization of $4.45 billion and a PE ratio of 56.71. EquipmentShare.com Inc has a 52 week low of $15.71 and a 52 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.
EquipmentShare.com announced that its board has approved a share repurchase plan on Friday, July 10th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to buy up to 12.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its stock is undervalued.
Key Headlines Impacting EquipmentShare.com
Here are the key news stories impacting EquipmentShare.com this week:
- Positive Sentiment: CEO Jabbok Schlacks bought 22,900 shares at an average price of $17.76, investing approximately $406,700 and increasing his direct ownership by 22.43%. Including a 2,100-share purchase on September 14, his recent investment totals about $444,500. Insider buying can signal management confidence that EQPT is undervalued. Insider buying report
- Neutral Sentiment: EquipmentShare’s latest reported quarter was stronger than expected, with earnings of $0.18 per share versus analysts’ forecast of a $0.10 loss and revenue of $1.45 billion. However, those results were released before the current litigation headlines and may have limited near-term influence.
- Negative Sentiment: Multiple law firms are promoting a federal securities class action against EquipmentShare related to its January 2026 IPO and trading between January 23 and June 23. The complaints allege that investors were not informed about related-party transactions, including claims that at least $77 million was directed to founder-affiliated entities. The allegations have not been proven, but potential legal costs, damages, regulatory scrutiny and reputational harm create significant risks. Class action notice
- Negative Sentiment: The September 21 lead-plaintiff deadline is generating repeated legal notices, keeping the allegations in focus and likely contributing to continued selling pressure. EQPT also remains below its 50-day and 200-day moving averages and well below its 12-month high, signaling persistent technical weakness. Investor deadline announcement
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Engineers Gate Manager LP bought a new stake in shares of EquipmentShare.com in the second quarter worth about $679,000. Arizona State Retirement System bought a new position in shares of EquipmentShare.com during the 2nd quarter valued at about $205,000. Waverly Advisors LLC bought a new position in shares of EquipmentShare.com during the 2nd quarter valued at about $2,387,000. Chico Wealth RIA acquired a new position in shares of EquipmentShare.com in the 2nd quarter valued at approximately $322,000. Finally, Wellington Management Group LLP acquired a new position in shares of EquipmentShare.com in the 2nd quarter valued at approximately $168,226,000.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. UBS Group reduced their target price on EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Thursday, August 20th. Wells Fargo & Company lowered their price target on EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. BNP Paribas Exane began coverage on shares of EquipmentShare.com in a research report on Monday, June 29th. They issued a “neutral” rating and a $22.00 price target on the stock. Citigroup lifted their price objective on shares of EquipmentShare.com from $19.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, August 17th. Finally, Citizens Jmp restated a “market outperform” rating and set a $42.00 price objective on shares of EquipmentShare.com in a report on Monday, June 22nd. Six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $34.78.
Get Our Latest Research Report on EquipmentShare.com
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.
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