EquipmentShare.com Inc (NASDAQ:EQPT – Get Free Report) CEO Jabbok Schlacks bought 9,500 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was bought at an average cost of $17.87 per share, with a total value of $169,765.00. Following the transaction, the chief executive officer directly owned 59,500 shares in the company, valued at approximately $1,063,265. The trade was a 19.00% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Jabbok Schlacks also recently made the following trade(s):
- On Monday, August 31st, Jabbok Schlacks purchased 15,500 shares of EquipmentShare.com stock. The stock was purchased at an average price of $17.46 per share, with a total value of $270,630.00.
- On Monday, June 15th, Jabbok Schlacks bought 50,000 shares of EquipmentShare.com stock. The stock was purchased at an average price of $21.12 per share, with a total value of $1,056,000.00.
EquipmentShare.com Stock Performance
EquipmentShare.com stock opened at $16.85 on Wednesday. EquipmentShare.com Inc has a 12 month low of $15.71 and a 12 month high of $35.50. The company has a fifty day moving average price of $18.88 and a two-hundred day moving average price of $21.98. 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 company has a market cap of $4.27 billion and a PE ratio of 54.35.
EquipmentShare.com announced that its Board of Directors has authorized a stock buyback program on Friday, July 10th that authorizes the company to repurchase $500.00 million in outstanding 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 a sign that the company’s board of directors believes its shares are undervalued.
Key Headlines Impacting EquipmentShare.com
Here are the key news stories impacting EquipmentShare.com this week:
- Positive Sentiment: CEO Jabbok Schlacks purchased 15,500 shares for approximately $270,630 on August 31, following a 9,500-share purchase worth about $169,765 on August 28. The combined purchases increased his direct holdings to 75,000 shares, suggesting management may view the recent weakness as an attractive entry point. SEC insider ownership filing
- Neutral Sentiment: Several law firms issued substantially similar notices concerning a pending class-action lawsuit and a September 21, 2026 deadline for investors to seek lead-plaintiff status. The notices are primarily investor-solicitation announcements and do not establish that EquipmentShare is liable. Portnoy Law class-action announcement
- Negative Sentiment: The litigation concerns EquipmentShare’s January 2026 IPO and securities purchased during a January 23–June 23, 2026 class period. Law-firm releases reference allegations that the company failed to disclose material information, including purported related-party transactions, creating potential legal costs, reputational damage and uncertainty over possible investor claims. Pomerantz investor alert
Institutional Investors Weigh In On EquipmentShare.com
Institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp acquired a new stake in EquipmentShare.com during the second quarter valued at $326,000. Wellington Management Group LLP acquired a new position in EquipmentShare.com in the second quarter worth approximately $168,226,000. Chico Wealth RIA bought a new position in shares of EquipmentShare.com during the 2nd quarter valued at $322,000. Finally, California State Teachers Retirement System bought a new position in EquipmentShare.com during the second quarter valued at about $16,447,000.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. Citizens Jmp reiterated a “market outperform” rating and set a $42.00 price objective on shares of EquipmentShare.com in a research report on Monday, June 22nd. Truist Financial restated 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. Wells Fargo & Company lowered their price target on EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. Citigroup boosted their price objective on EquipmentShare.com from $19.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, August 17th. Finally, UBS Group dropped their price target on EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Thursday, August 20th. Six 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $34.78.
Read Our Latest Stock Report on EQPT
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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