EquipmentShare.com (NASDAQ:EQPT) Insider William Schlacks Purchases 3,100 Shares of Stock

EquipmentShare.com Inc (NASDAQ:EQPT) insider William Schlacks acquired 3,100 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was acquired at an average cost of $21.34 per share, with a total value of $66,154.00. Following the acquisition, the insider owned 54,950 shares of the company’s stock, valued at $1,172,633. This trade represents a 5.98% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

EquipmentShare.com Stock Performance

Shares of NASDAQ:EQPT opened at $19.54 on Wednesday. The firm has a market capitalization of $4.93 billion and a PE ratio of 63.03. EquipmentShare.com Inc has a 1-year low of $15.71 and a 1-year high of $35.50. The business’s fifty day simple moving average is $19.79. The company has a quick ratio of 1.91, a current ratio of 2.42 and a debt-to-equity ratio of 3.16.

EquipmentShare.com (NASDAQ:EQPT) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.18 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. Sell-side analysts expect that EquipmentShare.com Inc will post 0.38 EPS for the current fiscal year.

EquipmentShare.com declared that its board has initiated a share buyback plan on Friday, July 10th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to reacquire up to 12.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On EquipmentShare.com

An institutional investor recently bought a new position in EquipmentShare.com stock. Bank of New York Mellon Corp bought a new position in shares of EquipmentShare.com Inc (NASDAQ:EQPT) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 16,605 shares of the company’s stock, valued at approximately $326,000.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on EQPT. BNP Paribas Exane started coverage on shares of EquipmentShare.com in a report on Monday, June 29th. They set a “neutral” rating and a $22.00 price target for the company. Citigroup lifted their price objective on shares of EquipmentShare.com from $19.00 to $22.00 and gave the company a “neutral” rating in a research report on Monday. Truist Financial decreased their target price on shares of EquipmentShare.com from $41.00 to $38.00 and set a “buy” rating for the company in a research report on Thursday, July 2nd. Weiss Ratings upgraded shares of EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday. Finally, Citizens Jmp reissued a “market outperform” rating and set a $42.00 price target on shares of EquipmentShare.com in a report on Monday, June 22nd. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $36.67.

Trending Headlines about EquipmentShare.com

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

• Positive Sentiment: Citigroup raised its price target on EquipmentShare.com from $19 to $22 while maintaining a “neutral” rating. The new target implies potential upside from recent trading levels, although the unchanged neutral recommendation limits the bullish signal. Citigroup raises EquipmentShare.com price target
• Neutral Sentiment: Multiple law firms publicized the same previously filed securities class action and reminded investors of the September 21, 2026 deadline to seek lead-plaintiff status. The announcements are largely duplicative rather than evidence of separate lawsuits, but they increase visibility around the allegations. Kaplan Fox class action deadline notice
• Negative Sentiment: EquipmentShare.com faces investor allegations tied to its January 2026 IPO and the January 23–June 23, 2026 class period. The complaints reportedly claim that IPO disclosures understated founder-affiliated related-party transactions and exposure to the company’s OWN Program, potentially creating legal costs, reputational risk and uncertainty over future liabilities. The allegations have not been proven. Pomerantz EquipmentShare investor alert
• Negative Sentiment: Major shareholder Neil Chheda disclosed sales totaling roughly 2.20 million EQPT shares for approximately $45.4 million across August 14 and August 18 transactions. Although he continues to own a significant stake, the sizable disposals may be interpreted as reduced insider conviction and add near-term selling pressure. EquipmentShare.com SEC insider sale filing

EquipmentShare.com Company Profile

EquipmentShare.com Inc provides integrated, full-service construction solutions across equipment rental, sales and technology. EquipmentShare.com Inc is based in Columbia, Missouri.