Waverly Advisors LLC Buys New Stake in EquipmentShare.com Inc $EQPT

Waverly Advisors LLC purchased a new position in EquipmentShare.com Inc (NASDAQ:EQPT) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 121,407 shares of the company’s stock, valued at approximately $2,387,000.

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

EquipmentShare.com Stock Up 2.3%

NASDAQ EQPT opened at $18.02 on Friday. The stock’s 50 day simple moving average is $18.65 and its 200 day simple moving average is $21.24. EquipmentShare.com Inc has a one year low of $15.71 and a one year high of $35.50. The firm has a market cap of $4.57 billion and a PE ratio of 58.13. The company has a debt-to-equity ratio of 3.16, a current ratio of 2.42 and a quick ratio of 1.91.

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

EquipmentShare.com announced that its Board of Directors has authorized a share repurchase plan on Friday, July 10th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to buy up to 12.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

EquipmentShare.com News Summary

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

• Positive Sentiment: An analyst price-target report cited a target of $34.78, substantially above the recent trading level, suggesting some potential upside if the company’s operating performance and legal situation improve. Analysts Set EquipmentShare.com Inc Price Target at $34.78
• Neutral Sentiment: Multiple firms—including Kaplan Fox, Robbins Geller, Bernstein Liebhard, Berger Montague, Faruqi & Faruqi, Rosen and others—are reminding investors who purchased shares in or traceable to the January 2026 IPO, or during the alleged class period, that they may seek lead-plaintiff status by September 21. These announcements primarily repeat existing litigation information rather than introduce a new operational development. Kaplan Fox Class Action Deadline Notice
• Negative Sentiment: EquipmentShare.com is being sued by investors and company executives are named in allegations of securities-law violations. One investor alert alleges that undisclosed founder-affiliated transactions routed at least $77 million through related entities, while other notices broadly allege misleading disclosures connected with the IPO and the January 23–June 23, 2026 trading period. The allegations have not been proven, but the litigation could create legal costs, reputational damage, disclosure concerns and uncertainty around the company’s valuation. EquipmentShare Investor Alert Regarding Alleged Related-Party Transactions Block and Leviton EquipmentShare Lawsuit Alert

Insider Activity

In related news, insider William J. Schlacks acquired 2,000 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were purchased at an average price of $18.64 per share, with a total value of $37,280.00. Following the acquisition, the insider directly owned 60,950 shares in the company, valued at $1,136,108. The trade was a 3.39% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CEO Jabbok Schlacks acquired 10,000 shares of the stock in a transaction on Wednesday, September 2nd. The stock was bought at an average price of $17.69 per share, with a total value of $176,900.00. Following the transaction, the chief executive officer directly owned 70,950 shares in the company, valued at approximately $1,255,105.50. This represents a 16.41% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders acquired 110,950 shares of company stock worth $2,148,918 and sold 2,201,032 shares worth $45,393,501. 32.81% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

EQPT has been the topic of several recent analyst reports. UBS Group decreased their price target on EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating on the stock in a research note on Thursday, August 20th. Wells Fargo & Company reduced their target price on shares of EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 14th. BNP Paribas Exane started coverage on shares of EquipmentShare.com in a report on Monday, June 29th. They issued a “neutral” rating and a $22.00 target price on the stock. Truist Financial reiterated a “buy” rating and set a $35.00 target price (down from $38.00) on shares of EquipmentShare.com in a research report on Tuesday, August 25th. Finally, Citigroup lifted their price target 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. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, EquipmentShare.com has an average rating of “Hold” and a consensus price target of $34.78.

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.