Waverly Advisors LLC Makes New Investment in EquipmentShare.com Inc $EQPT

Key Points

• Waverly Advisors initiated a position in EquipmentShare.com, purchasing 121,407 shares valued at approximately $2.4 million. Other institutions, including Wellington Management and California State Teachers Retirement System, also acquired significant stakes during the second quarter.
• Analyst sentiment is mixed: six analysts rate the stock Buy, five Hold and one Sell, producing a consensus Hold rating and a $34.78 target price. Recent targets range from $22 to $42, while the shares recently traded near $18.
• EquipmentShare reported quarterly EPS of $0.18, beating estimates by $0.28, and announced a $500 million share-repurchase program. However, insiders sold substantially more shares than they bought during the last quarter, and the company faces securities-related litigation allegations that could create legal and reputational risks.

Waverly Advisors LLC purchased a new position in shares of EquipmentShare.com Inc (NASDAQ:EQPT - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 121,407 shares of the company's stock, valued at approximately $2,387,000.

A number of other institutional investors have also made changes to their positions in the stock. Chico Wealth RIA bought a new stake in EquipmentShare.com during the second quarter worth approximately $322,000. Bank of New York Mellon Corp bought a new position in shares of EquipmentShare.com in the second quarter valued at approximately $326,000. California State Teachers Retirement System acquired a new stake in shares of EquipmentShare.com in the second quarter worth $16,447,000. Finally, Wellington Management Group LLP acquired a new stake in shares of EquipmentShare.com in the second quarter worth $168,226,000.

Insider Buying and Selling at EquipmentShare.com

In other news, CEO Jabbok Schlacks acquired 50,000 shares of the stock in a transaction dated Monday, June 15th. The shares were acquired at an average cost of $21.12 per share, for a total transaction of $1,056,000.00. Following the completion of the transaction, the chief executive officer owned 50,000 shares in the company, valued at approximately $1,056,000. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider William J. Schlacks acquired 4,000 shares of the stock in a transaction dated Tuesday, August 18th. The shares were purchased at an average price of $19.56 per share, for a total transaction of $78,240.00. Following the completion of the transaction, the insider owned 58,950 shares of the company's stock, valued at $1,153,062. This trade represents a 7.28% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders bought 110,950 shares of company stock valued at $2,148,918 and sold 2,201,032 shares valued at $45,393,501. Insiders own 32.81% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on EQPT shares. Truist Financial reiterated a "buy" rating and issued a $35.00 target price (down from $38.00) on shares of EquipmentShare.com in a research note on Tuesday, August 25th. Weiss Ratings upgraded shares of EquipmentShare.com from a "sell (d)" rating to a "sell (d+)" rating in a report on Friday, August 14th. Citigroup raised their price target on EquipmentShare.com from $19.00 to $22.00 and gave the company a "neutral" rating in a research report on Monday, August 17th. Citizens Jmp reiterated a "market outperform" rating and issued a $42.00 price objective on shares of EquipmentShare.com in a research note on Monday, June 22nd. Finally, Wells Fargo & Company cut their price objective on EquipmentShare.com from $32.00 to $25.00 and set an "overweight" rating for the company in a research report on Tuesday, July 14th. Six investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $34.78.

EquipmentShare.com Stock Performance

NASDAQ:EQPT opened at $18.02 on Friday. The firm's 50-day moving average is $18.65 and its 200-day moving average is $21.24. The company has a market cap of $4.57 billion and a price-to-earnings ratio of 58.13. 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 Inc has a 52-week low of $15.71 and a 52-week high of $35.50.

EquipmentShare.com (NASDAQ:EQPT - Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.28. The company had revenue of $1.45 billion during the quarter. Equities research analysts anticipate that EquipmentShare.com Inc will post 0.44 earnings per share for the current year.

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

EquipmentShare.com News Roundup

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

• Positive Sentiment: An analyst price-target report cited a target of $34.78, substantially above the recent trading level, suggesting some potential upside if the company’s operating performance and legal situation improve. Analysts Set EquipmentShare.com Inc Price Target at $34.78
• Neutral Sentiment: Multiple firms—including Kaplan Fox, Robbins Geller, Bernstein Liebhard, Berger Montague, Faruqi & Faruqi, Rosen and others—are reminding investors who purchased shares in or traceable to the January 2026 IPO, or during the alleged class period, that they may seek lead-plaintiff status by September 21. These announcements primarily repeat existing litigation information rather than introduce a new operational development. Kaplan Fox Class Action Deadline Notice
• Negative Sentiment: EquipmentShare.com is being sued by investors and company executives are named in allegations of securities-law violations. One investor alert alleges that undisclosed founder-affiliated transactions routed at least $77 million through related entities, while other notices broadly allege misleading disclosures connected with the IPO and the January 23–June 23, 2026 trading period. The allegations have not been proven, but the litigation could create legal costs, reputational damage, disclosure concerns and uncertainty around the company’s valuation. EquipmentShare Investor Alert Regarding Alleged Related-Party Transactions Block and Leviton EquipmentShare Lawsuit Alert

About EquipmentShare.com

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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