William Schlacks Acquires 1,850 Shares of EquipmentShare.com (NASDAQ:EQPT) Stock

August 19, 2026 by InsiderTrades.com

Key Points

Major shareholder Neil Chheda sold roughly 2.2 million EquipmentShare.com shares for about $45.4 million across August 14 and 18, though he still owns approximately 41.76 million 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-buyback program covering up to 12.4% of its stock.
Analysts maintain a consensus “Hold” rating with a $36.67 target price, while the company faces investor allegations concerning IPO disclosures and related-party transactions; the claims remain unproven.

EquipmentShare.com Inc (NASDAQ:EQPT - Get Free Report) insider William Schlacks purchased 1,850 shares of EquipmentShare.com stock in a transaction dated Friday, August 14th. The stock was bought at an average cost of $20.81 per share, with a total value of $38,498.50. Following the completion of the transaction, the insider owned 51,850 shares in the company, valued at approximately $1,078,998.50. This represents a 3.70% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.

EquipmentShare.com Price Performance

Shares of NASDAQ EQPT opened at $19.54 on Wednesday. EquipmentShare.com Inc has a 1-year low of $15.71 and a 1-year high of $35.50. The stock's fifty day moving average is $19.79. The stock has a market cap of $4.93 billion and a PE ratio of 63.03. The company has a quick ratio of 1.91, a current ratio of 2.42 and a debt-to-equity ratio of 3.16.

EquipmentShare.com (NASDAQ:EQPT - Get Free Report) last posted its 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 company had revenue of $1.45 billion during the quarter. As a group, equities research analysts anticipate that EquipmentShare.com Inc will post 0.38 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 repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 12.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

EquipmentShare.com News Summary

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

Institutional Trading of EquipmentShare.com

A hedge fund recently bought a new stake in EquipmentShare.com stock. Bank of New York Mellon Corp bought a new position in shares of EquipmentShare.com Inc (NASDAQ:EQPT - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 16,605 shares of the company's stock, valued at approximately $326,000.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Weiss Ratings upgraded shares of EquipmentShare.com from a "sell (d)" rating to a "sell (d+)" rating in a research note on Friday. Wells Fargo & Company lowered 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 note on Tuesday, July 14th. Truist Financial lowered their price objective on EquipmentShare.com from $41.00 to $38.00 and set a "buy" rating for the company in a research report on Thursday, July 2nd. 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 on the stock. Finally, Citigroup boosted their target price on EquipmentShare.com from $19.00 to $22.00 and gave the stock a "neutral" rating in a research note on Monday. Six 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 data from MarketBeat, EquipmentShare.com presently has an average rating of "Hold" and an average target price of $36.67.

Read Our Latest Stock Report on EquipmentShare.com

EquipmentShare.com Company Profile

(Get Free Report)

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