Key Points
- CEO Jabbok Schlacks bought 15,500 EQPT shares at an average $17.46, investing approximately $270,630 and increasing his direct holdings to 75,000 shares. He also purchased 9,500 shares on August 28 and 50,000 shares in June.
- EquipmentShare.com reported quarterly EPS of $0.18, beating the consensus estimate of a $0.10 loss, on revenue of $1.45 billion. The company also authorized a $500 million stock-repurchase program, covering up to 12.4% of outstanding shares.
- Shares opened at $16.85, well below their 52-week high of $35.50. Analysts remain mixed, with a consensus “Hold” rating and an average price target of $34.78.
EquipmentShare.com Inc (NASDAQ:EQPT - Get Free Report) CEO Jabbok Schlacks bought 9,500 shares of the company's stock in a transaction that occurred on Friday, August 28th. The shares were bought at an average cost of $17.87 per share, for a total transaction of $169,765.00. Following the transaction, the chief executive officer directly owned 59,500 shares of the company's stock, valued at $1,063,265. This trade represents a 19.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Jabbok Schlacks also recently made the following trade(s):
- On Monday, August 31st, Jabbok Schlacks bought 15,500 shares of EquipmentShare.com stock. The stock was bought at an average price of $17.46 per share, with a total value of $270,630.00.
- On Monday, June 15th, Jabbok Schlacks purchased 50,000 shares of EquipmentShare.com stock. The stock was purchased at an average cost of $21.12 per share, with a total value of $1,056,000.00.
EquipmentShare.com Stock Performance
Shares of NASDAQ EQPT opened at $16.85 on Wednesday. The firm has a market capitalization of $4.27 billion and a price-to-earnings ratio of 54.35. EquipmentShare.com Inc has a one year low of $15.71 and a one year high of $35.50. The business has a fifty day simple moving average of $18.88 and a 200 day simple moving average of $21.98. 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 posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of ($0.10) by $0.28. The business had revenue of $1.45 billion for the quarter. Sell-side analysts expect that EquipmentShare.com Inc will post 0.44 EPS for the current year.
EquipmentShare.com declared that its board has approved a stock buyback program on Friday, July 10th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to reacquire up to 12.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.
Hedge Funds Weigh In On EquipmentShare.com
A number of large investors have recently bought and sold shares of EQPT. Wellington Management Group LLP bought a new stake in shares of EquipmentShare.com in the second quarter worth $168,226,000. California State Teachers Retirement System bought a new position in EquipmentShare.com in the second quarter valued at $16,447,000. Bank of New York Mellon Corp acquired a new stake in EquipmentShare.com in the 2nd quarter valued at $326,000. Finally, Chico Wealth RIA acquired a new stake in shares of EquipmentShare.com in the second quarter valued at about $322,000.
Wall Street Analyst Weigh In
Several brokerages have weighed in on EQPT. Weiss Ratings raised shares of EquipmentShare.com from a "sell (d)" rating to a "sell (d+)" rating in a research note on Friday, August 14th. Truist Financial reiterated a "buy" rating and issued a $35.00 price objective (down from $38.00) on shares of EquipmentShare.com in a research report on Tuesday, August 25th. UBS Group cut their target price on shares of EquipmentShare.com from $24.00 to $22.00 and set a "neutral" rating on the stock in a research report on Thursday, August 20th. Citigroup raised 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. Finally, Citizens Jmp restated a "market outperform" rating and set a $42.00 target price on shares of EquipmentShare.com in a report on Monday, June 22nd. Six 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. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $34.78.
Get Our Latest Report on EQPT
Key Stories Impacting EquipmentShare.com
Here are the key news stories impacting EquipmentShare.com this week:
- Positive Sentiment: CEO Jabbok Schlacks purchased 15,500 shares for approximately $270,630 on August 31, following a 9,500-share purchase worth about $169,765 on August 28. The combined purchases increased his direct holdings to 75,000 shares, suggesting management may view the recent weakness as an attractive entry point. SEC insider ownership filing
- Neutral Sentiment: Several law firms issued substantially similar notices concerning a pending class-action lawsuit and a September 21, 2026 deadline for investors to seek lead-plaintiff status. The notices are primarily investor-solicitation announcements and do not establish that EquipmentShare is liable. Portnoy Law class-action announcement
- Negative Sentiment: The litigation concerns EquipmentShare’s January 2026 IPO and securities purchased during a January 23–June 23, 2026 class period. Law-firm releases reference allegations that the company failed to disclose material information, including purported related-party transactions, creating potential legal costs, reputational damage and uncertainty over possible investor claims. Pomerantz investor alert
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.
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