Insider Buying: EquipmentShare.com (NASDAQ:EQPT) CEO Purchases $406,704.00 in Stock

EquipmentShare.com Inc (NASDAQ:EQPT) CEO Jabbok Schlacks purchased 22,900 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The shares were bought at an average cost of $17.76 per share, with a total value of $406,704.00. Following the transaction, the chief executive officer directly owned 125,000 shares of the company’s stock, valued at $2,220,000. The trade was a 22.43% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Monday, September 14th, Jabbok Schlacks purchased 2,100 shares of EquipmentShare.com stock. The stock was bought at an average price of $18.00 per share, for a total transaction of $37,800.00.
• On Wednesday, September 2nd, Jabbok Schlacks acquired 10,000 shares of EquipmentShare.com stock. The shares were purchased at an average price of $17.69 per share, with a total value of $176,900.00.
• On Tuesday, September 1st, Jabbok Schlacks bought 15,000 shares of EquipmentShare.com stock. The stock was purchased at an average cost of $17.03 per share, for a total transaction of $255,450.00.
• On Monday, August 31st, Jabbok Schlacks bought 15,500 shares of EquipmentShare.com stock. The stock was 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 cost of $17.87 per share, with a total value of $169,765.00.

EquipmentShare.com Stock Performance

Shares of NASDAQ:EQPT opened at $18.03 on Friday. The firm has a market capitalization of $4.57 billion and a PE ratio of 58.16. 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 50-day moving average of $18.68 and a two-hundred day moving average of $20.84. EquipmentShare.com Inc has a 12 month low of $15.71 and a 12 month high of $35.50.

EquipmentShare.com (NASDAQ:EQPT) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.28. The firm had revenue of $1.45 billion during the quarter. As a group, research analysts forecast that EquipmentShare.com Inc will post 0.44 earnings per share for the current year.

EquipmentShare.com declared that its board has approved a stock buyback plan on Friday, July 10th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 12.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On EquipmentShare.com

A number of large investors have recently added to or reduced their stakes in EQPT. Wellington Management Group LLP acquired a new position in EquipmentShare.com in the 2nd quarter worth $168,226,000. Waverly Advisors LLC acquired a new stake in shares of EquipmentShare.com during the second quarter valued at about $2,387,000. Engineers Gate Manager LP acquired a new stake in shares of EquipmentShare.com during the second quarter valued at about $679,000. Bank of New York Mellon Corp acquired a new stake in shares of EquipmentShare.com during the second quarter valued at about $326,000. Finally, Chico Wealth RIA purchased a new stake in shares of EquipmentShare.com during the second quarter worth about $322,000.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on EQPT shares. BNP Paribas Exane began coverage on shares of EquipmentShare.com in a research report on Monday, June 29th. They issued a “neutral” rating and a $22.00 price objective for the company. Weiss Ratings upgraded shares of EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 14th. UBS Group decreased their price target 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. Citizens Jmp reissued a “market outperform” rating and issued a $42.00 price objective on shares of EquipmentShare.com in a research report on Monday, June 22nd. Finally, Truist Financial reaffirmed a “buy” rating and issued a $35.00 target price (down from $38.00) on shares of EquipmentShare.com in a research report on Tuesday, August 25th. Six investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, EquipmentShare.com currently has an average rating of “Hold” and an average price target of $34.78.

EquipmentShare.com News Summary

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

• Positive Sentiment: CEO Jabbok Schlacks recently purchased 22,900 shares at an average price of $17.76 and another 2,100 shares at $18.00, investing approximately $444,500 in total. Additional purchases reported in recent weeks bring his buying substantially higher, which may signal that management views EQPT as undervalued after its decline. Insider buying report
• Neutral Sentiment: EquipmentShare’s latest quarterly results were stronger than expected, with earnings of $0.18 per share versus analysts’ projected loss of $0.10 and revenue of $1.45 billion. However, the results were released before the current legal developments and may have limited influence on the stock’s immediate direction.
• Negative Sentiment: Multiple law firms are publicizing a federal securities class action alleging that EquipmentShare’s IPO disclosures inadequately described founder-affiliated related-party transactions and exposure to the company’s OWN Program. The allegations have not been proven, but the case could create legal expenses, potential damages, regulatory scrutiny and reputational risk. Securities lawsuit announcement
• Negative Sentiment: The September 21, 2026 deadline for investors to seek lead-plaintiff status has prompted repeated legal notices, keeping the allegations prominent and increasing uncertainty around EQPT. The stock also remains below its 50-day and 200-day moving averages, indicating continued technical weakness. Kaplan Fox class action notice

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.