Insider Buying: EquipmentShare.com (NASDAQ:EQPT) CEO Buys $255,450.00 in Stock

Key Points

• CEO Jabbok Schlacks purchased 15,000 EQPT shares at an average price of $17.03, investing $255,450 and increasing his holdings by 20% to 90,000 shares. He has made several additional purchases recently, including a cumulative $1.67 million investment since June.
• EquipmentShare.com shares traded at $18.14, near the lower end of their 52-week range of $15.71 to $35.50. The company has also authorized a $500 million share buyback, equivalent to up to 12.4% of outstanding shares.
• The company reported quarterly EPS of $0.18, beating the expected $0.10 loss, on revenue of $1.45 billion. Analysts maintain a consensus “Hold” rating with an average price target of $34.78, though several firms recently lowered their targets.

EquipmentShare.com Inc (NASDAQ:EQPT - Get Free Report) CEO Jabbok Schlacks bought 15,000 shares of the stock in a transaction dated Tuesday, September 1st. The shares were purchased at an average cost of $17.03 per share, for a total transaction of $255,450.00. Following the completion of the purchase, the chief executive officer owned 90,000 shares in the company, valued at approximately $1,532,700. This represents a 20.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Wednesday, September 2nd, Jabbok Schlacks purchased 10,000 shares of EquipmentShare.com stock. The stock was acquired at an average price of $17.69 per share, with a total value of $176,900.00.
• On Monday, August 31st, Jabbok Schlacks purchased 15,500 shares of EquipmentShare.com stock. The stock was acquired at an average cost of $17.46 per share, with a total value of $270,630.00.
• On Friday, August 28th, Jabbok Schlacks purchased 9,500 shares of EquipmentShare.com stock. The stock was acquired at an average cost of $17.87 per share, with a total value of $169,765.00.
• On Monday, June 15th, Jabbok Schlacks purchased 50,000 shares of EquipmentShare.com stock. The shares were acquired at an average price of $21.12 per share, for a total transaction of $1,056,000.00.

EquipmentShare.com Price Performance

EQPT traded up $0.33 during trading on Thursday, hitting $18.14. The company's stock had a trading volume of 1,804,890 shares, compared to its average volume of 2,230,602. The firm has a market capitalization of $4.60 billion and a price-to-earnings ratio of 58.52. EquipmentShare.com Inc has a twelve month low of $15.71 and a twelve month high of $35.50. The business's fifty day simple moving average is $18.79 and its 200 day simple moving average is $21.87. 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 (NASDAQ:EQPT - Get Free Report) last announced its earnings results on Wednesday, August 12th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.28. The business had revenue of $1.45 billion for the quarter. On average, equities research analysts forecast that EquipmentShare.com Inc will post 0.44 EPS for the current fiscal year.

EquipmentShare.com declared that its board has authorized a share buyback program on Friday, July 10th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to purchase up to 12.4% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its stock is undervalued.

Institutional Investors Weigh In On EquipmentShare.com

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

Analysts Set New Price Targets

Several analysts have 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 report on Tuesday, August 25th. Wells Fargo & Company reduced their price target 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. Citizens Jmp reaffirmed a "market outperform" rating and issued a $42.00 price target on shares of EquipmentShare.com in a research note on Monday, June 22nd. Weiss Ratings upgraded EquipmentShare.com from a "sell (d)" rating to a "sell (d+)" rating in a report on Friday, August 14th. Finally, BNP Paribas Exane assumed coverage on EquipmentShare.com in a research note on Monday, June 29th. They set a "neutral" rating and a $22.00 price objective for the company. Six analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $34.78.

More EquipmentShare.com News

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

• Positive Sentiment: CEO Jabbok Schlacks bought 15,500 shares for approximately $270,630 on August 31, after purchasing 9,500 shares worth about $169,765 on August 28. The purchases raised his direct holdings to 75,000 shares and may signal management’s confidence that the recent decline has created an attractive valuation. SEC insider ownership filing
• Positive Sentiment: EquipmentShare’s latest quarterly results exceeded expectations, with earnings of $0.18 per share versus the $0.10-per-share loss analysts had forecast. Revenue totaled $1.45 billion, providing a fundamental counterweight to the legal concerns.
• Neutral Sentiment: Multiple law firms announced the same pending securities class action and reminded investors of the September 21, 2026 deadline to seek lead-plaintiff status. The announcements largely solicit investors and do not establish that EquipmentShare is liable. Faruqi & Faruqi lawsuit notice
• Negative Sentiment: The lawsuit covers EquipmentShare’s January 2026 IPO and securities purchased from January 23 through June 23, 2026. Investor notices allege that IPO disclosures understated or failed to explain related-party transactions involving founder-affiliated entities, including the OWN Program and T3 platform. If the claims proceed, the company could face legal expenses, reputational damage and potential shareholder payments. SueWallSt lawsuit allegations

About EquipmentShare.com

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

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