EquipmentShare.com (NASDAQ:EQPT) Director W Bryan Hill Acquires 21,803 Shares of Stock

EquipmentShare.com Inc (NASDAQ:EQPT) Director W Bryan Hill acquired 21,803 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were acquired at an average cost of $22.89 per share, for a total transaction of $499,070.67. Following the transaction, the director owned 35,794 shares of the company’s stock, valued at approximately $819,324.66. This represents a 155.84% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

EquipmentShare.com Stock Performance

Shares of EQPT opened at $20.44 on Thursday. The company’s 50 day simple moving average is $22.12. EquipmentShare.com Inc has a twelve month low of $17.95 and a twelve month high of $35.50.

EquipmentShare.com (NASDAQ:EQPT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.15. The business had revenue of $989.00 million for the quarter. The business’s revenue for the quarter was up 38.1% on a year-over-year basis. Analysts predict that EquipmentShare.com Inc will post 0.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Wells Fargo & Company dropped their price target on shares of EquipmentShare.com from $35.00 to $32.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. Wall Street Zen raised shares of EquipmentShare.com from a “sell” rating to a “hold” rating in a research report on Saturday, March 14th. UBS Group assumed coverage on shares of EquipmentShare.com in a research report on Tuesday, February 17th. They issued a “neutral” rating and a $36.00 price target on the stock. Citizens Jmp assumed coverage on shares of EquipmentShare.com in a research report on Tuesday, February 17th. They issued a “market outperform” rating and a $42.00 price target on the stock. Finally, The Goldman Sachs Group initiated coverage on shares of EquipmentShare.com in a research report on Tuesday, February 17th. They issued a “buy” rating and a $51.00 price target on the stock. Six research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, EquipmentShare.com presently has a consensus rating of “Hold” and a consensus target price of $40.25.

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.