EquipmentShare.com (NASDAQ:EQPT) CEO Jabbok Schlacks Purchases 15,500 Shares of Stock

EquipmentShare.com Inc (NASDAQ:EQPT) CEO Jabbok Schlacks bought 15,500 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was bought at an average cost of $17.46 per share, for a total transaction of $270,630.00. Following the completion of the acquisition, the chief executive officer owned 75,000 shares in the company, valued at $1,309,500. This trade represents a 26.05% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Friday, August 28th, Jabbok Schlacks bought 9,500 shares of EquipmentShare.com stock. The shares were bought at an average price of $17.87 per share, for a total transaction of $169,765.00.
• On Monday, June 15th, Jabbok Schlacks purchased 50,000 shares of EquipmentShare.com stock. The shares were bought at an average cost of $21.12 per share, with a total value of $1,056,000.00.

EquipmentShare.com Stock Performance

Shares of EQPT opened at $16.85 on Wednesday. The company has a quick ratio of 1.91, a current ratio of 2.42 and a debt-to-equity ratio of 3.16. The business has a 50-day simple moving average of $18.88 and a two-hundred day simple moving average of $21.98. The stock has a market cap of $4.27 billion and a price-to-earnings ratio of 54.35. EquipmentShare.com Inc has a 52 week low of $15.71 and a 52 week high of $35.50.

EquipmentShare.com (NASDAQ:EQPT) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of ($0.10) by $0.28. The company had revenue of $1.45 billion during the quarter. On average, analysts expect that EquipmentShare.com Inc will post 0.44 EPS for the current year.

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

Analysts Set New Price Targets

A number of equities analysts have weighed in on EQPT shares. Wells Fargo & Company dropped their price target 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. BNP Paribas Exane assumed coverage on shares of EquipmentShare.com in a research report on Monday, June 29th. They set a “neutral” rating and a $22.00 price objective on the stock. Citigroup lifted their target price 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. UBS Group dropped their target price on shares of EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating for the company in a report on Thursday, August 20th. Finally, Citizens Jmp reiterated a “market outperform” rating and issued a $42.00 price target on shares of EquipmentShare.com in a research note on Monday, June 22nd. Six analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $34.78.

Institutional Investors Weigh In On EquipmentShare.com

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

More EquipmentShare.com News

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

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.