Jabbok Schlacks Buys 22,900 Shares of EquipmentShare.com (NASDAQ:EQPT) Stock

Key Points

• CEO Jabbok Schlacks purchased 22,900 EQPT shares at an average of $17.76, investing $406,704 and increasing his stake by 22.43% to 125,000 shares. He has also made several additional purchases since late August.
• EquipmentShare.com shares recently traded at $17.58, near the lower end of their 52-week range. The company beat quarterly earnings expectations and has authorized a $500 million share-repurchase program.
• The stock carries a consensus “Hold” rating, while the company faces securities-class-action litigation alleging undisclosed related-party transactions; the allegations have not been proven in court.

EquipmentShare.com Inc (NASDAQ:EQPT - Get Free Report) CEO Jabbok Schlacks acquired 22,900 shares of the business's stock in a transaction on Tuesday, September 15th. The stock was acquired at an average price of $17.76 per share, for a total transaction of $406,704.00. Following the acquisition, the chief executive officer owned 125,000 shares of the company's stock, valued at approximately $2,220,000. This trade represents a 22.43% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Monday, September 14th, Jabbok Schlacks bought 2,100 shares of EquipmentShare.com stock. The shares were acquired at an average price of $18.00 per share, with a total value of $37,800.00.
• On Wednesday, September 2nd, Jabbok Schlacks purchased 10,000 shares of EquipmentShare.com stock. The stock was bought at an average cost of $17.69 per share, for a total transaction of $176,900.00.
• On Tuesday, September 1st, Jabbok Schlacks purchased 15,000 shares of EquipmentShare.com stock. The stock was bought at an average price of $17.03 per share, for a total transaction of $255,450.00.
• On Monday, August 31st, Jabbok Schlacks acquired 15,500 shares of EquipmentShare.com stock. The shares were bought at an average price of $17.46 per share, with a total value of $270,630.00.
• On Friday, August 28th, Jabbok Schlacks bought 9,500 shares of EquipmentShare.com stock. The stock was bought at an average cost of $17.87 per share, for a total transaction of $169,765.00.

EquipmentShare.com Stock Down 0.6%

EquipmentShare.com stock traded down $0.10 during mid-day trading on Wednesday, hitting $17.58. The company had a trading volume of 3,310,906 shares, compared to its average volume of 2,236,000. EquipmentShare.com Inc has a 12 month low of $15.71 and a 12 month high of $35.50. The company has a market capitalization of $4.45 billion and a PE ratio of 56.71. The stock's 50 day moving average price is $18.63 and its two-hundred day moving average price is $21.02. 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 issued its quarterly 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 for the quarter. As a group, sell-side 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 share repurchase plan on Friday, July 10th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to purchase up to 12.4% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its shares are undervalued.

Analyst Ratings Changes

Several brokerages recently weighed in on EQPT. UBS Group reduced their price target on shares of EquipmentShare.com from $24.00 to $22.00 and set a "neutral" rating for the company in a research report on Thursday, August 20th. Citigroup lifted their target price on EquipmentShare.com from $19.00 to $22.00 and gave the stock a "neutral" rating in a report on Monday, August 17th. Weiss Ratings upgraded EquipmentShare.com from a "sell (d)" rating to a "sell (d+)" rating in a research note on Friday, August 14th. BNP Paribas Exane began coverage on EquipmentShare.com in a report on Monday, June 29th. They set a "neutral" rating and a $22.00 price target on the stock. Finally, Truist Financial reaffirmed 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. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, EquipmentShare.com has an average rating of "Hold" and a consensus price target of $34.78.

Key EquipmentShare.com News

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

• Negative Sentiment: Several law firms, including Kaplan Fox, Levi & Korsinsky, and Faruqi & Faruqi, reminded investors that a securities class action has been filed against EquipmentShare. The case covers investors who purchased shares in or traceable to the company’s January 2026 IPO, as well as purchases made from January 23 through June 23, 2026. Kaplan Fox class action notice
• Negative Sentiment: The allegations center on claims that EquipmentShare failed to disclose related-party transactions involving at least $77 million allegedly funneled to entities affiliated with the company’s founder. The legal complaints assert that investors were harmed after the allegations became public and the shares experienced a sharp correction. These claims have not been proven in court. SueWallSt shareholder alert
• Negative Sentiment: At least a dozen investor-law-firm notices were issued between September 14 and 16, urging affected shareholders to seek lead-plaintiff status before the September 21 deadline. The high volume of notices may amplify concerns about disclosure controls, governance, potential litigation costs, and future settlement or liability exposure. Rosen Law Firm deadline notice
• Neutral Sentiment: The announcements do not provide new quarterly results, guidance, or changes to EquipmentShare’s business outlook. Investors will likely focus on the company’s response to the allegations and any developments in the litigation.

Institutional Investors Weigh In On EquipmentShare.com

A number of large investors have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP purchased a new position in shares of EquipmentShare.com in the 2nd quarter worth $679,000. Arizona State Retirement System bought a new stake in shares of EquipmentShare.com in the second quarter worth $205,000. Waverly Advisors LLC bought a new position in EquipmentShare.com in the second quarter valued at about $2,387,000. Chico Wealth RIA bought a new position in EquipmentShare.com in the second quarter valued at about $322,000. Finally, Wellington Management Group LLP purchased a new position in EquipmentShare.com in the second quarter worth about $168,226,000.

EquipmentShare.com Company Profile

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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