EquipmentShare.com Inc (NASDAQ:EQPT – Get Free Report) CEO Jabbok Schlacks acquired 2,100 shares of the stock in a transaction dated Monday, September 14th. The stock was bought at an average price of $18.00 per share, for a total transaction of $37,800.00. Following the completion of the purchase, the chief executive officer owned 102,100 shares in the company, valued at approximately $1,837,800. This trade represents a 2.10% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.
Jabbok Schlacks also recently made the following trade(s):
- On Tuesday, September 15th, Jabbok Schlacks bought 22,900 shares of EquipmentShare.com stock. The shares were bought at an average price of $17.76 per share, with a total value of $406,704.00.
- On Wednesday, September 2nd, Jabbok Schlacks purchased 10,000 shares of EquipmentShare.com stock. The stock was bought at an average cost of $17.69 per share, for a total transaction of $176,900.00.
- On Tuesday, September 1st, Jabbok Schlacks purchased 15,000 shares of EquipmentShare.com stock. The stock was bought at an average price of $17.03 per share, for a total transaction of $255,450.00.
- On Monday, August 31st, Jabbok Schlacks purchased 15,500 shares of EquipmentShare.com stock. The stock was bought at an average price 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 purchased at an average price of $17.87 per share, with a total value of $169,765.00.
EquipmentShare.com Trading Up 4.5%
EQPT stock opened at $18.37 on Friday. EquipmentShare.com Inc has a fifty-two week low of $15.71 and a fifty-two week high of $35.50. The stock has a market capitalization of $4.65 billion and a price-to-earnings ratio of 59.26. The company has a debt-to-equity ratio of 3.16, a current ratio of 2.42 and a quick ratio of 1.91. The business has a fifty day moving average price of $18.69 and a 200 day moving average price of $20.86.
EquipmentShare.com declared that its Board of Directors has authorized a share buyback program on Friday, July 10th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 12.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.
Institutional Trading of EquipmentShare.com
Institutional investors and hedge funds have recently modified their holdings of the stock. Engineers Gate Manager LP acquired a new stake in shares of EquipmentShare.com during the second quarter worth about $679,000. Arizona State Retirement System acquired a new position in shares of EquipmentShare.com in the second quarter valued at approximately $205,000. Waverly Advisors LLC acquired a new position in shares of EquipmentShare.com in the second quarter valued at approximately $2,387,000. Chico Wealth RIA bought a new stake in shares of EquipmentShare.com during the second quarter worth $322,000. Finally, Wellington Management Group LLP bought a new stake in shares of EquipmentShare.com during the second quarter worth $168,226,000.
EquipmentShare.com News Roundup
Here are the key news stories impacting EquipmentShare.com this week:
- Positive Sentiment: CEO Jabbok Schlacks purchased 22,900 shares at an average price of $17.76, worth approximately $406,700, and separately bought 2,100 shares at $18.00. These purchases, along with several earlier buys, suggest the CEO may view EQPT as undervalued after its decline. Insider buying report
- Neutral Sentiment: The company’s latest reported quarter exceeded expectations, producing $0.18 in earnings per share versus a consensus forecast for a $0.10 loss, alongside $1.45 billion in revenue. However, those results predate the current litigation developments and may have limited immediate influence.
- Negative Sentiment: Several law firms, including Kaplan Fox, Lowey Dannenberg, Robbins Geller, and others, are seeking investors for a federal securities class action. The complaints allege that EquipmentShare’s IPO disclosures failed to adequately describe founder-affiliated related-party transactions and exposure to its OWN Program. The allegations have not been proven, but potential damages, legal expenses, regulatory scrutiny, and reputational harm represent material risks. Kaplan Fox class action alert
- Negative Sentiment: The September 21, 2026 deadline for investors to seek lead-plaintiff status is prompting repeated alerts, keeping the alleged disclosure problems prominent and potentially increasing selling pressure. EQPT also remains below its 50-day and 200-day moving averages, indicating continued technical weakness. Investor deadline announcement
Wall Street Analysts Forecast Growth
EQPT has been the topic of several research analyst reports. Citigroup increased their price target on shares of EquipmentShare.com from $19.00 to $22.00 and gave the company a “neutral” rating in a research note on Monday, August 17th. Truist Financial reaffirmed a “buy” rating and set a $35.00 price objective (down from $38.00) on shares of EquipmentShare.com in a report on Tuesday, August 25th. UBS Group decreased their price objective on EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating on the stock in a research report on Thursday, August 20th. BNP Paribas Exane assumed coverage on EquipmentShare.com in a research report on Monday, June 29th. They set a “neutral” rating and a $22.00 target price for the company. Finally, Weiss Ratings upgraded EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, August 14th. Six research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, EquipmentShare.com currently has an average rating of “Hold” and a consensus price target of $34.78.
Read Our Latest Report on EQPT
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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