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EquipmentShare.com (NASDAQ:EQPT) Insider William Schlacks Purchases 4,000 Shares of Stock

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Key Points

  • Insider William Schlacks bought 4,000 EQPT shares at an average price of $19.56, investing $78,240 and increasing his holdings by 7.28% to 58,950 shares.
  • EquipmentShare.com reported quarterly EPS of $0.18, beating the consensus estimate of a $0.10 loss, on $1.45 billion in revenue. The company also authorized a $500 million share-repurchase program covering up to 12.4% of outstanding shares.
  • EQPT traded near $19.54, well below its 52-week high of $35.50. Analysts’ consensus rating is Hold, with an average price target of $36.67, while a major shareholder recently disclosed selling approximately 2.2 million shares.
  • MarketBeat previews top five stocks to own in September.

EquipmentShare.com Inc (NASDAQ:EQPT - Get Free Report) insider William Schlacks purchased 4,000 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was bought at an average price of $19.56 per share, with a total value of $78,240.00. Following the completion of the acquisition, the insider owned 58,950 shares in the company, valued at $1,153,062. This represents a 7.28% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

EquipmentShare.com Stock Performance

EquipmentShare.com stock traded down $1.89 during midday trading on Tuesday, hitting $19.54. 3,253,025 shares of the company were exchanged, compared to its average volume of 3,318,215. EquipmentShare.com Inc has a fifty-two week low of $15.71 and a fifty-two week high of $35.50. The stock has a fifty day simple moving average of $19.79. The company has a debt-to-equity ratio of 3.16, a quick ratio of 1.91 and a current ratio of 2.42.

EquipmentShare.com (NASDAQ:EQPT - Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.10) by $0.28. The firm had revenue of $1.45 billion for the quarter. As a group, sell-side analysts expect that EquipmentShare.com Inc will post 0.38 EPS for the current fiscal year.

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on EQPT. Weiss Ratings upgraded shares of EquipmentShare.com from a "sell (d)" rating to a "sell (d+)" rating in a research note on Friday. Truist Financial lowered their price objective 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. Wells Fargo & Company cut their target price 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. Citizens Jmp restated a "market outperform" rating and issued a $42.00 target price on shares of EquipmentShare.com in a research note on Monday, June 22nd. Finally, BNP Paribas Exane started 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. 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. According to MarketBeat, EquipmentShare.com currently has a consensus rating of "Hold" and an average target price of $36.67.

Read Our Latest Stock Analysis on EquipmentShare.com

EquipmentShare.com News Summary

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in EquipmentShare.com stock. Bank of New York Mellon Corp purchased a new position in EquipmentShare.com Inc (NASDAQ:EQPT - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 16,605 shares of the company's stock, valued at approximately $326,000.

EquipmentShare.com Company Profile

(Get Free Report)

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

Read More

Insider Buying and Selling by Quarter for EquipmentShare.com (NASDAQ:EQPT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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