Jabbok Schlacks Acquires 9,500 Shares of EquipmentShare.com (NASDAQ:EQPT) Stock

EquipmentShare.com Inc (NASDAQ:EQPT) CEO Jabbok Schlacks acquired 9,500 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were bought at an average price of $17.87 per share, for a total transaction of $169,765.00. Following the completion of the purchase, the chief executive officer owned 59,500 shares of the company’s stock, valued at approximately $1,063,265. This represents a 19.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, August 31st, Jabbok Schlacks bought 15,500 shares of EquipmentShare.com stock. The stock was bought at an average price of $17.46 per share, with a total value of $270,630.00.
• On Monday, June 15th, Jabbok Schlacks bought 50,000 shares of EquipmentShare.com stock. The shares were bought at an average cost of $21.12 per share, for a total transaction of $1,056,000.00.

EquipmentShare.com Stock Up 5.7%

EQPT stock opened at $17.81 on Thursday. EquipmentShare.com Inc has a 52 week low of $15.71 and a 52 week high of $35.50. The company has a market capitalization of $4.51 billion and a price-to-earnings ratio of 57.45. The firm’s 50-day moving average is $18.79 and its two-hundred day moving average is $21.87. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 3.16.

EquipmentShare.com (NASDAQ:EQPT) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.28. The company had revenue of $1.45 billion during the quarter. On average, 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 authorized a share repurchase program on Friday, July 10th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to purchase up to 12.4% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On EquipmentShare.com

A number of hedge funds and other institutional investors have recently modified their holdings of EQPT. Wellington Management Group LLP purchased a new position in EquipmentShare.com in the 2nd quarter worth about $168,226,000. California State Teachers Retirement System acquired a new position in EquipmentShare.com in the 2nd quarter worth approximately $16,447,000. Bank of New York Mellon Corp acquired a new stake in shares of EquipmentShare.com in the second quarter worth $326,000. Finally, Chico Wealth RIA purchased a new position in shares of EquipmentShare.com during the second quarter valued at $322,000.

Key Headlines Impacting EquipmentShare.com

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

• Positive Sentiment: CEO Jabbok Schlacks purchased 15,500 shares for approximately $270,630 on August 31 and 9,500 shares for about $169,765 on August 28. The transactions increased his direct holdings to 75,000 shares and signal that management may view the recent decline as an attractive buying opportunity. CEO insider buying report
• Neutral Sentiment: Multiple law firms issued similar announcements about an existing securities class action and a September 21, 2026 deadline for investors to seek lead-plaintiff status. These releases are largely investor-solicitation notices and do not determine whether EquipmentShare is liable. Howard G. Smith class-action deadline notice
• Negative Sentiment: The lawsuits cover EquipmentShare’s January 2026 initial public offering and purchases made during a period generally spanning January 23 through June 23, 2026. Attorneys allege that the company’s IPO and subsequent disclosures omitted material information, including purported related-party transactions. If the claims proceed, EQPT could face legal expenses, reputational damage and uncertainty regarding potential investor compensation. Glancy Prongay securities-fraud lawsuit notice

Wall Street Analyst Weigh In

EQPT has been the topic of a number of research reports. Truist Financial reissued a “buy” rating and issued a $35.00 price objective (down from $38.00) on shares of EquipmentShare.com in a research note on Tuesday, August 25th. UBS Group lowered 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. 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 price target on the stock. Wells Fargo & Company cut their price target on shares of EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating for the company in a report on Tuesday, July 14th. Finally, Citigroup raised their price objective on shares of EquipmentShare.com from $19.00 to $22.00 and gave the company a “neutral” rating in a research report on Monday, August 17th. 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. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $34.78.

About EquipmentShare.com

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