Insider Buying: EquipmentShare.com (NASDAQ:EQPT) Insider Purchases $66,154.00 in Stock

Key Points

• Insider William Schlacks purchased 3,100 EQPT shares for $66,154, increasing his direct ownership by 5.98% to 54,950 shares.
• EquipmentShare.com reported quarterly EPS of $0.18, beating estimates by $0.28, on revenue of $1.45 billion. The company also authorized a $500 million share repurchase program covering up to 12.4% of outstanding shares.
• Shares traded down to $19.54, while analysts maintained a consensus “Hold” rating with an average price target of $36.67; recent reports included both target cuts and increases.

EquipmentShare.com Inc (NASDAQ:EQPT - Get Free Report) insider William Schlacks acquired 3,100 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were bought at an average price of $21.34 per share, for a total transaction of $66,154.00. Following the purchase, the insider directly owned 54,950 shares of the company's stock, valued at approximately $1,172,633. This trade represents a 5.98% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

EquipmentShare.com Price Performance

NASDAQ:EQPT traded down $1.89 during midday trading on Tuesday, hitting $19.54. 3,253,025 shares of the stock were exchanged, compared to its average volume of 3,318,215. The company has a debt-to-equity ratio of 3.16, a current ratio of 2.42 and a quick ratio of 1.91. EquipmentShare.com Inc has a one year low of $15.71 and a one year high of $35.50. The company's 50-day moving average price is $19.79.

EquipmentShare.com (NASDAQ:EQPT - Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.28. The firm had revenue of $1.45 billion for the quarter. Equities research analysts anticipate that EquipmentShare.com Inc will post 0.38 earnings per share for the current fiscal year.

EquipmentShare.com declared that its board has initiated a share repurchase program on Friday, July 10th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 12.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Analyst Ratings Changes

EQPT has been the subject of several recent research reports. BNP Paribas Exane started coverage on shares of EquipmentShare.com in a research note on Monday, June 29th. They set a "neutral" rating and a $22.00 target price for the company. Truist Financial decreased their price target on shares of EquipmentShare.com from $41.00 to $38.00 and set a "buy" rating on the stock in a research report on Thursday, July 2nd. Citigroup upped their price target on EquipmentShare.com from $19.00 to $22.00 and gave the company a "neutral" rating in a report on Monday. Wells Fargo & Company reduced their price objective on EquipmentShare.com from $32.00 to $25.00 and set an "overweight" rating for the company in a research note on Tuesday, July 14th. Finally, Weiss Ratings upgraded EquipmentShare.com from a "sell (d)" rating to a "sell (d+)" rating in a report on Friday. Six investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $36.67.

Institutional Trading of EquipmentShare.com

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

Key EquipmentShare.com News

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.

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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