EquipmentShare.com (NASDAQ:EQPT) CEO Jabbok Schlacks Purchases 15,500 Shares

Key Points

• CEO Jabbok Schlacks purchased 15,500 shares at an average price of $17.46, investing $270,630 and increasing his direct ownership by 26.05% to 75,000 shares. He also bought 59,500 shares in two earlier transactions.
• EquipmentShare.com shares traded at $16.85, near their 12-month low of $15.71 and below both their 50-day and 200-day moving averages. The company has authorized a $500 million share repurchase program covering up to 12.4% of outstanding shares.
• The company reported quarterly EPS of $0.18, beating analyst expectations by $0.28, on $1.45 billion in revenue. Analysts’ average rating is “Hold”, with an average price target of $34.78.

EquipmentShare.com Inc (NASDAQ:EQPT - Get Free Report) CEO Jabbok Schlacks purchased 15,500 shares of EquipmentShare.com stock in a transaction that occurred on Monday, August 31st. The shares were bought at an average cost of $17.46 per share, for a total transaction of $270,630.00. Following the transaction, the chief executive officer directly owned 75,000 shares of the company's stock, valued at $1,309,500. This represents a 26.05% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Friday, August 28th, Jabbok Schlacks acquired 9,500 shares of EquipmentShare.com stock. The shares were bought at an average price of $17.87 per share, for a total transaction 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 cost of $21.12 per share, with a total value of $1,056,000.00.

EquipmentShare.com Price Performance

NASDAQ EQPT traded down $0.76 during midday trading on Tuesday, hitting $16.85. The company had a trading volume of 2,898,848 shares, compared to its average volume of 2,232,976. The firm has a 50-day moving average price of $19.03 and a 200-day moving average price of $22.09. The company has a market capitalization of $4.27 billion and a PE ratio of 54.35. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 3.16. EquipmentShare.com Inc has a twelve month low of $15.71 and a twelve month 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 (EPS) 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, analysts anticipate that EquipmentShare.com Inc will post 0.44 earnings per share for the current fiscal year.

EquipmentShare.com announced that its board has authorized a stock buyback program on Friday, July 10th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to buy up to 12.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

EQPT has been the subject of several analyst reports. Wells Fargo & Company dropped their target price on shares of EquipmentShare.com from $32.00 to $25.00 and set an "overweight" rating for the company in a research report on Tuesday, July 14th. Citigroup lifted their price objective on shares of EquipmentShare.com from $19.00 to $22.00 and gave the company a "neutral" rating in a research note on Monday, August 17th. Truist Financial restated a "buy" rating and set a $35.00 price objective (down from $38.00) on shares of EquipmentShare.com in a research report on Tuesday, August 25th. BNP Paribas Exane started coverage on EquipmentShare.com in a research note on Monday, June 29th. They set a "neutral" rating and a $22.00 target price for the company. Finally, Citizens Jmp reaffirmed a "market outperform" rating and issued a $42.00 target price on shares of EquipmentShare.com in a report on Monday, June 22nd. Six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $34.78.

Institutional Trading of EquipmentShare.com

Hedge funds have recently added to or reduced their stakes in the stock. Chico Wealth RIA acquired a new position in shares of EquipmentShare.com during the second quarter worth $322,000. Bank of New York Mellon Corp bought a new position in shares of EquipmentShare.com in the 2nd quarter valued at $326,000. California State Teachers Retirement System acquired a new stake in shares of EquipmentShare.com during the 2nd quarter valued at $16,447,000. Finally, Wellington Management Group LLP acquired a new stake in shares of EquipmentShare.com during the 2nd quarter valued at $168,226,000.

EquipmentShare.com News Roundup

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

• Positive Sentiment: No material positive company-specific developments were reported in the provided articles.
• Neutral Sentiment: Investors who purchased EquipmentShare Class A shares in or traceable to the January 2026 IPO, or during the stated class period—generally January 23 through June 23, 2026—have until September 21, 2026 to seek appointment as lead plaintiff. The deadline is procedural and does not establish that the allegations are valid. Portnoy Law Firm class action announcement
• Negative Sentiment: The lawsuit and related notices allege that EquipmentShare and certain executives violated U.S. securities laws by making materially misleading statements or omitting information in connection with the IPO and subsequent trading period. Several notices reference a June 2026 report alleging undisclosed related-party transactions and a subsequent sharp market correction. EquipmentShare’s potential exposure could include litigation costs, possible damages, reputational harm and increased regulatory scrutiny. Levi & Korsinsky EquipmentShare lawsuit notice
• Negative Sentiment: The unusually large number of investor-law-firm announcements over the past two days increases the visibility of the allegations and may reinforce selling pressure, even though most releases repeat the same lawsuit and deadline rather than report new evidence. Pomerantz investor alert

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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