EquipmentShare.com Inc (NASDAQ:EQPT – Get Free Report) insider William Schlacks acquired 3,100 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were bought at an average cost of $21.34 per share, with a total value of $66,154.00. Following the transaction, the insider directly owned 54,950 shares in the company, valued at $1,172,633. This trade represents a 5.98% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.
EquipmentShare.com Stock Performance
EquipmentShare.com stock opened at $18.27 on Friday. The firm has a market cap of $4.61 billion and a P/E ratio of 58.94. 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 fifty-two week low of $15.71 and a fifty-two week high of $35.50. The firm has a 50 day moving average of $19.79.
EquipmentShare.com (NASDAQ:EQPT – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.28. The firm had revenue of $1.45 billion for the quarter. As a group, equities research analysts forecast that EquipmentShare.com Inc will post 0.38 earnings per share for the current year.
Analyst Ratings Changes
EQPT has been the subject of several research reports. Wells Fargo & Company dropped their target price on EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. UBS Group reduced their price target on shares of EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating on the stock in a research report on Thursday. Citizens Jmp reissued a “market outperform” rating and issued a $42.00 price objective on shares of EquipmentShare.com in a research note on Monday, June 22nd. Truist Financial dropped their price objective on shares of EquipmentShare.com from $41.00 to $38.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Finally, Citigroup lifted their price objective on shares of EquipmentShare.com from $19.00 to $22.00 and gave the company a “neutral” rating in a report on Monday. Six investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, EquipmentShare.com presently has an average rating of “Hold” and a consensus price target of $35.11.
View Our Latest Stock Report on EQPT
Trending Headlines about EquipmentShare.com
Here are the key news stories impacting EquipmentShare.com this week:
- Positive Sentiment: Founder and insider William Schlacks purchased a combined 8,950 shares in transactions from August 14–18, spending approximately $182,900. Insider buying can signal confidence that the recent selloff has undervalued EquipmentShare.com, although it does not eliminate the company’s legal and disclosure risks. EquipmentShare insider buying report
- Neutral Sentiment: UBS lowered its price target for EQPT from $24 to $22 while maintaining a “neutral” rating. The target remains above recent trading levels, but the reduction suggests weaker confidence in the stock’s valuation and limits the bullish impact of the implied upside. UBS EquipmentShare price target report
- Negative Sentiment: Several law firms publicized an existing securities class action against EquipmentShare.com and highlighted a September 21, 2026 deadline for investors to seek lead-plaintiff status. The allegations concern the company’s January IPO and trading through June 23, including claims that financial disclosures understated related-party involvement involving founder-affiliated entities, the OWN Program and the T3 platform. The claims remain unproven, but the litigation creates potential legal costs, reputational damage and uncertainty about future liabilities. EquipmentShare securities class action alert
Hedge Funds Weigh In On EquipmentShare.com
A hedge fund recently bought a new stake in EquipmentShare.com stock. Bank of New York Mellon Corp bought a new stake in EquipmentShare.com Inc (NASDAQ:EQPT – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,605 shares of the company’s stock, valued at approximately $326,000.
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.
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