EquipmentShare.com (NASDAQ:EQPT) CEO Jabbok Schlacks Buys 10,000 Shares of Stock

EquipmentShare.com Inc (NASDAQ:EQPTGet Free Report) CEO Jabbok Schlacks bought 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were bought at an average cost of $17.69 per share, with a total value of $176,900.00. Following the completion of the purchase, the chief executive officer directly owned 100,000 shares of the company’s stock, valued at $1,769,000. This represents a 11.11% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • 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 acquired 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 bought 50,000 shares of EquipmentShare.com stock. The stock was purchased at an average cost of $21.12 per share, for a total transaction of $1,056,000.00.

EquipmentShare.com Trading Up 1.9%

Shares of EQPT stock 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 price-to-earnings ratio of 58.52. EquipmentShare.com Inc has a 12-month low of $15.71 and a 12-month high of $35.50. The stock’s 50-day moving average price is $18.76 and its 200-day moving average price is $21.76.

EquipmentShare.com (NASDAQ:EQPTGet Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.28. The firm had revenue of $1.45 billion for the quarter. Equities research analysts predict that EquipmentShare.com Inc will post 0.44 EPS for the current fiscal year.

EquipmentShare.com announced that its board has initiated a share buyback program on Friday, July 10th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 12.4% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.

Trending Headlines about 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 Analyst Weigh In

EQPT has been the subject of a number of recent research reports. Citigroup raised their target price on shares of EquipmentShare.com from $19.00 to $22.00 and gave the company a “neutral” rating in a report on Monday, August 17th. BNP Paribas Exane started coverage on shares of EquipmentShare.com in a research note on Monday, June 29th. They set a “neutral” rating and a $22.00 price target on the stock. Wells Fargo & Company lowered their price objective on shares of 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 lowered their price objective on shares of EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating for the company in a research report on Thursday, August 20th. Finally, 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. Six equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $34.78.

Check Out Our Latest Report on EQPT

Hedge Funds Weigh In On EquipmentShare.com

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

About EquipmentShare.com

(Get Free Report)

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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