Jabbok Schlacks Buys 15,000 Shares of EquipmentShare.com (NASDAQ:EQPT) Stock

EquipmentShare.com Inc (NASDAQ:EQPT) CEO Jabbok Schlacks purchased 15,000 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was acquired at an average cost of $17.03 per share, for a total transaction of $255,450.00. Following the purchase, the chief executive officer owned 90,000 shares in the company, valued at approximately $1,532,700. The trade was a 20.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

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

• On Wednesday, September 2nd, Jabbok Schlacks purchased 10,000 shares of EquipmentShare.com stock. The shares were acquired at an average price of $17.69 per share, with a total value of $176,900.00.
• On Monday, August 31st, Jabbok Schlacks acquired 15,500 shares of EquipmentShare.com stock. The shares were acquired at an average cost of $17.46 per share, with a total value of $270,630.00.
• On Friday, August 28th, Jabbok Schlacks acquired 9,500 shares of EquipmentShare.com stock. The shares were acquired at an average cost of $17.87 per share, with a total value of $169,765.00.
• On Monday, June 15th, Jabbok Schlacks acquired 50,000 shares of EquipmentShare.com stock. The stock was bought at an average price of $21.12 per share, for a total transaction of $1,056,000.00.

EquipmentShare.com Trading Up 1.9%

NASDAQ EQPT traded up $0.33 during trading hours on Thursday, reaching $18.14. The company had a trading volume of 1,804,890 shares, compared to its average volume of 2,230,602. The stock has a 50-day moving average of $18.79 and a 200 day moving average of $21.87. EquipmentShare.com Inc has a 1-year low of $15.71 and a 1-year high of $35.50. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 3.16. The stock has a market capitalization of $4.60 billion and a P/E ratio of 58.52.

EquipmentShare.com (NASDAQ:EQPT) last announced its earnings results on Wednesday, August 12th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.28. The company had revenue of $1.45 billion for the quarter. As a group, research analysts anticipate that EquipmentShare.com Inc will post 0.44 earnings per share for the current fiscal year.

EquipmentShare.com declared that its Board of Directors has approved a stock repurchase 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 stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Weiss Ratings upgraded shares of EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 14th. 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. Citizens Jmp restated a “market outperform” rating and set a $42.00 price target on shares of EquipmentShare.com in a research report on Monday, June 22nd. Citigroup raised their price target on EquipmentShare.com from $19.00 to $22.00 and gave the stock a “neutral” rating in a research report on Monday, August 17th. Finally, BNP Paribas Exane began coverage on EquipmentShare.com in a research note on Monday, June 29th. They issued a “neutral” rating and a $22.00 price objective for the company. Six research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $34.78.

EquipmentShare.com News Roundup

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

• Positive Sentiment: CEO Jabbok Schlacks bought 15,500 shares for approximately $270,630 on August 31, after purchasing 9,500 shares worth about $169,765 on August 28. The purchases raised his direct holdings to 75,000 shares and may signal management’s confidence that the recent decline has created an attractive valuation. SEC insider ownership filing
• Positive Sentiment: EquipmentShare’s latest quarterly results exceeded expectations, with earnings of $0.18 per share versus the $0.10-per-share loss analysts had forecast. Revenue totaled $1.45 billion, providing a fundamental counterweight to the legal concerns.
• Neutral Sentiment: Multiple law firms announced the same pending securities class action and reminded investors of the September 21, 2026 deadline to seek lead-plaintiff status. The announcements largely solicit investors and do not establish that EquipmentShare is liable. Faruqi & Faruqi lawsuit notice
• Negative Sentiment: The lawsuit covers EquipmentShare’s January 2026 IPO and securities purchased from January 23 through June 23, 2026. Investor notices allege that IPO disclosures understated or failed to explain related-party transactions involving founder-affiliated entities, including the OWN Program and T3 platform. If the claims proceed, the company could face legal expenses, reputational damage and potential shareholder payments. SueWallSt lawsuit allegations

Institutional Trading of EquipmentShare.com

Several hedge funds have recently made changes to their positions in EQPT. Chico Wealth RIA acquired a new stake in shares of EquipmentShare.com in the 2nd quarter valued at $322,000. Bank of New York Mellon Corp acquired a new position in shares of EquipmentShare.com during the second quarter worth $326,000. California State Teachers Retirement System acquired a new position in shares of EquipmentShare.com during the second quarter worth $16,447,000. Finally, Wellington Management Group LLP purchased a new position in EquipmentShare.com in the second quarter valued at $168,226,000.

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.