William Schlacks Acquires 3,100 Shares of EquipmentShare.com (NASDAQ:EQPT) Stock

EquipmentShare.com Inc (NASDAQ:EQPT) insider William Schlacks bought 3,100 shares of the company’s stock in a transaction on Monday, August 17th. The shares were bought at an average cost of $21.34 per share, for a total transaction of $66,154.00. Following the transaction, the insider directly owned 54,950 shares in the company, valued at approximately $1,172,633. This represents a 5.98% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

EquipmentShare.com Trading Up 0.7%

Shares of NASDAQ:EQPT opened at $19.68 on Thursday. The stock has a market cap of $4.97 billion and a P/E ratio of 63.48. 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 Inc has a 12-month low of $15.71 and a 12-month high of $35.50. The firm has a fifty day moving average of $19.81.

EquipmentShare.com (NASDAQ:EQPT) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.28. The company had revenue of $1.45 billion for the quarter. Research analysts predict that EquipmentShare.com Inc will post 0.38 EPS for the current year.

EquipmentShare.com declared that its Board of Directors has initiated a share repurchase program on Friday, July 10th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to reacquire up to 12.4% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

EQPT has been the subject of a number of recent analyst reports. BNP Paribas Exane started coverage on EquipmentShare.com in a research report on Monday, June 29th. They issued a “neutral” rating and a $22.00 price objective for the company. 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 report on Tuesday, July 14th. Citigroup boosted their price target on EquipmentShare.com from $19.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday. Truist Financial cut their price objective on shares of EquipmentShare.com from $41.00 to $38.00 and set a “buy” rating on the stock in a report on Thursday, July 2nd. Finally, Citizens Jmp reaffirmed a “market outperform” rating and issued a $42.00 price objective on shares of EquipmentShare.com in a research report on Monday, June 22nd. 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 company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $36.67.

EquipmentShare.com News Roundup

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

• Positive Sentiment: Citigroup raised its price target for EquipmentShare.com (EQPT) from $19 to $22 while maintaining a neutral rating. The revision suggests some potential upside, although the unchanged rating limits the bullish impact. Citigroup raises EquipmentShare.com price target
• Positive Sentiment: Insider William Schlacks purchased 1,850 EQPT shares for approximately $38,500 on August 14, following additional purchases of 3,100 shares on August 17 and 4,000 shares on August 18. The buying may signal confidence in the company’s valuation. EquipmentShare.com insider purchase filing
• Positive Sentiment: The company’s latest quarterly results were stronger than expected, with earnings of $0.18 per share versus consensus expectations for a $0.10 loss and revenue of $1.45 billion. A previously authorized $500 million share-repurchase program also provides potential support for the stock.
• Neutral Sentiment: Several law firms reiterated the September 21, 2026 deadline for investors to seek lead-plaintiff status in the same previously filed securities class action. The announcements are largely duplicative, but they keep legal concerns in focus. EquipmentShare securities lawsuit deadline
• Negative Sentiment: The lawsuit alleges that EquipmentShare’s IPO disclosures understated or failed to adequately describe related-party transactions involving founder-affiliated entities, including the OWN Program and T3 platform. If substantiated, the claims could lead to litigation costs, reputational damage and financial liabilities. EquipmentShare related-party transaction lawsuit allegations
• Negative Sentiment: Major shareholder Neil Chheda sold roughly 2.2 million EQPT shares for about $45.4 million across August 14 and August 18. Although he retains a large position, the sizable sales may indicate reduced conviction and create near-term supply pressure. EquipmentShare major shareholder sale filing

Hedge Funds Weigh In On EquipmentShare.com

An institutional investor recently bought a new position in EquipmentShare.com stock. Bank of New York Mellon Corp bought a new position in EquipmentShare.com Inc (NASDAQ:EQPT) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 16,605 shares of the company’s stock, valued at approximately $326,000.

EquipmentShare.com Company Profile

EquipmentShare.com Inc provides integrated, full-service construction solutions across equipment rental, sales and technology. EquipmentShare.com Inc is based in Columbia, Missouri.