EquipmentShare.com Inc (NASDAQ:EQPT – Get Free Report) CEO Jabbok Schlacks bought 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The stock was bought at an average price of $17.03 per share, with a total value of $255,450.00. Following the acquisition, the chief executive officer directly owned 90,000 shares in the company, valued at $1,532,700. The trade was a 20.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.
Jabbok Schlacks also recently made the following trade(s):
- On Wednesday, September 2nd, Jabbok Schlacks bought 10,000 shares of EquipmentShare.com stock. The stock was purchased at an average cost of $17.69 per share, for a total transaction of $176,900.00.
- On Monday, August 31st, Jabbok Schlacks purchased 15,500 shares of EquipmentShare.com stock. The shares were purchased at an average price of $17.46 per share, for a total transaction of $270,630.00.
- On Friday, August 28th, Jabbok Schlacks purchased 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.
- On Monday, June 15th, Jabbok Schlacks acquired 50,000 shares of EquipmentShare.com stock. The stock was purchased at an average cost of $21.12 per share, with a total value of $1,056,000.00.
EquipmentShare.com Trading Up 1.9%
Shares of NASDAQ EQPT opened at $18.14 on Friday. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 3.16. The stock has a market capitalization of $4.60 billion and a PE ratio of 58.52. EquipmentShare.com Inc has a twelve month low of $15.71 and a twelve month high of $35.50. The stock has a fifty day simple moving average of $18.76 and a 200-day simple moving average of $21.76.
EquipmentShare.com announced that its Board of Directors has initiated a stock buyback program on Friday, July 10th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the company to buy up to 12.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board believes its shares are undervalued.
Institutional Investors Weigh In On EquipmentShare.com
A number of large investors have recently modified their holdings of EQPT. Wellington Management Group LLP purchased a new stake in shares of EquipmentShare.com during the 2nd quarter worth $168,226,000. California State Teachers Retirement System purchased a new position in EquipmentShare.com in the second quarter valued at $16,447,000. Bank of New York Mellon Corp purchased a new position in EquipmentShare.com in the second quarter valued at $326,000. Finally, Chico Wealth RIA acquired a new stake in EquipmentShare.com in the second quarter valued at $322,000.
Key Stories Impacting EquipmentShare.com
Here are the key news stories impacting EquipmentShare.com this week:
- Positive Sentiment: CEO Jabbok Schlacks purchased 15,000 shares on September 1 at an average price of $17.03 and another 10,000 shares on September 2 at $17.69, investing a combined $432,350. These purchases followed additional buying on August 28 and August 31, suggesting the CEO considers the recent decline an attractive entry point and may be signaling confidence in EquipmentShare’s long-term prospects. SEC insider transaction filing
- Neutral Sentiment: Multiple law firms reiterated that September 21, 2026 is the deadline for investors to seek lead-plaintiff status in a pending securities class action involving EquipmentShare’s January 2026 IPO and subsequent trading period. These announcements largely solicit investor participation and do not establish that the company violated securities laws. Faruqi & Faruqi class-action notice
- Negative Sentiment: The lawsuits allege that EquipmentShare’s IPO disclosures failed to fully describe related-party transactions and the value allegedly directed to founder-affiliated entities through the OWN Program and T3 platform. If the claims advance, the company could face litigation expenses, potential damages, management distraction and further investor uncertainty. The unusually large number of similar law-firm releases may also weigh on sentiment in the near term. SueWallSt securities lawsuit notice
Wall Street Analysts Forecast Growth
EQPT has been the topic of several recent research reports. Citizens Jmp reaffirmed a “market outperform” rating and set a $42.00 target price on shares of EquipmentShare.com in a research note on Monday, June 22nd. BNP Paribas Exane assumed 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 for the company. Citigroup increased their price objective on EquipmentShare.com from $19.00 to $22.00 and gave the company a “neutral” rating in a research note on Monday, August 17th. Weiss Ratings upgraded EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 14th. Finally, UBS Group lowered their target price on EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating for the company in a research note on Thursday, August 20th. Six investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, EquipmentShare.com currently has a consensus rating of “Hold” and an average target price of $34.78.
Get Our Latest Report on EquipmentShare.com
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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