EquipmentShare.com Inc (NASDAQ:EQPT – Get Free Report) CEO Jabbok Schlacks purchased 22,900 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was bought at an average price of $17.76 per share, for a total transaction of $406,704.00. Following the completion of the acquisition, the chief executive officer directly owned 125,000 shares in the company, valued at approximately $2,220,000. This trade represents a 22.43% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Jabbok Schlacks also recently made the following trade(s):
- On Monday, September 14th, Jabbok Schlacks purchased 2,100 shares of EquipmentShare.com stock. The stock was bought at an average cost of $18.00 per share, with a total value of $37,800.00.
- On Wednesday, September 2nd, Jabbok Schlacks acquired 10,000 shares of EquipmentShare.com stock. The shares were bought at an average price of $17.69 per share, with a total value of $176,900.00.
- On Tuesday, September 1st, Jabbok Schlacks acquired 15,000 shares of EquipmentShare.com stock. The shares were bought at an average cost of $17.03 per share, for a total transaction of $255,450.00.
- On Monday, August 31st, Jabbok Schlacks acquired 15,500 shares of EquipmentShare.com stock. The shares were bought at an average cost of $17.46 per share, for a total transaction of $270,630.00.
- On Friday, August 28th, Jabbok Schlacks bought 9,500 shares of EquipmentShare.com stock. The stock was bought at an average price of $17.87 per share, for a total transaction of $169,765.00.
EquipmentShare.com Stock Performance
Shares of EquipmentShare.com stock opened at $17.58 on Thursday. The company has a market capitalization of $4.45 billion and a PE ratio of 56.71. The company has a debt-to-equity ratio of 3.16, a quick ratio of 1.91 and a current ratio of 2.42. The company has a 50-day simple moving average of $18.65 and a two-hundred day simple moving average of $20.94. EquipmentShare.com Inc has a one year low of $15.71 and a one year high of $35.50.
EquipmentShare.com declared that its board has approved a stock repurchase program on Friday, July 10th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to reacquire up to 12.4% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.
EquipmentShare.com News Roundup
Here are the key news stories impacting EquipmentShare.com this week:
- Positive Sentiment: CEO Jabbok Schlacks purchased 25,000 shares in two transactions on September 14–15 for approximately $444,500, increasing his direct ownership by roughly 25%. Insider buying can signal management’s confidence that the shares are undervalued, although it does not eliminate the company’s legal and operational risks. SEC insider transaction filing
- Neutral Sentiment: The company’s most recent reported quarter showed adjusted strength, with earnings of $0.18 per share versus the consensus estimate of a $0.10 loss and revenue of $1.45 billion. However, those results predate the current wave of litigation headlines and may have limited influence on near-term trading.
- Negative Sentiment: Several law firms are seeking investors for a federal securities class action covering EquipmentShare’s January 2026 IPO and purchases made between January 23 and June 23, 2026. The complaints reportedly allege that the company failed to disclose related-party transactions, including claims that at least $77 million was directed to founder-affiliated entities. The allegations have not been proven, but potential litigation costs, damages, regulatory scrutiny, and reputational harm are significant risks. Levi and Korsinsky class action notice
- Negative Sentiment: EQPT is trading below its 50-day and 200-day moving averages and substantially below its one-year high, indicating persistent technical weakness. The securities lawsuit announcements are likely reinforcing that negative sentiment ahead of the September 21 deadline. Rosen Law Firm deadline notice
Institutional Trading of EquipmentShare.com
Several large investors have recently bought and sold shares of the stock. Engineers Gate Manager LP acquired a new position in EquipmentShare.com during the 2nd quarter valued at approximately $679,000. Arizona State Retirement System acquired a new stake in shares of EquipmentShare.com during the second quarter worth $205,000. Waverly Advisors LLC purchased a new stake in shares of EquipmentShare.com during the second quarter valued at $2,387,000. Chico Wealth RIA purchased a new stake in shares of EquipmentShare.com during the second quarter valued at $322,000. Finally, Wellington Management Group LLP purchased a new stake in shares of EquipmentShare.com during the second quarter valued at $168,226,000.
Analysts Set New Price Targets
Several research firms have issued reports on EQPT. Wells Fargo & Company cut their price target on shares of EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. BNP Paribas Exane began coverage on EquipmentShare.com in a research report on Monday, June 29th. They set a “neutral” rating and a $22.00 price target on the stock. Citigroup boosted their target price on EquipmentShare.com from $19.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, August 17th. Weiss Ratings raised EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, August 14th. Finally, UBS Group decreased their price target on EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating for the company in a research note on Thursday, August 20th. Six 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. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $34.78.
Read Our Latest Stock Report on EquipmentShare.com
EquipmentShare.com Company Profile
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.
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