Jabbok Schlacks Buys 10,000 Shares of EquipmentShare.com (NASDAQ:EQPT) Stock

September 4, 2026 by InsiderTrades.com

Key Points

CEO insider buying: Jabbok Schlacks purchased 10,000 EQPT shares for $176,900, increasing his holdings by 11.1% to 100,000 shares. Including recent purchases, he has invested more than $1.9 million in the stock since late August.
Stock and company developments: EQPT opened at $18.14, near the lower end of its 52-week range, while the company reported quarterly EPS of $0.18—beating estimates—and $1.45 billion in revenue. Its board also authorized a $500 million share-repurchase program.
Risks and sentiment: Analysts’ consensus rating is “Hold,” with an average price target of $34.78, but securities lawsuits allege insufficient IPO disclosures regarding related-party transactions. The litigation could add expenses, uncertainty and management distraction.

EquipmentShare.com Inc (NASDAQ:EQPT - Get Free Report) CEO Jabbok Schlacks purchased 10,000 shares of the company's stock in a transaction that occurred on Wednesday, September 2nd. The shares were purchased at an average cost of $17.69 per share, with a total value of $176,900.00. Following the completion of the purchase, the chief executive officer owned 100,000 shares in the company, valued at $1,769,000. This trade represents a 11.11% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.

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

On Tuesday, September 1st, Jabbok Schlacks purchased 15,000 shares of EquipmentShare.com stock. The shares were purchased 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 stock was purchased at an average cost of $17.46 per share, for a total transaction of $270,630.00.
On Friday, August 28th, Jabbok Schlacks acquired 9,500 shares of EquipmentShare.com stock. The stock was purchased at an average cost 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 purchased at an average cost of $21.12 per share, with a total value of $1,056,000.00.

EquipmentShare.com Stock Up 1.9%

Shares of NASDAQ EQPT opened at $18.14 on Friday. EquipmentShare.com Inc has a 1 year low of $15.71 and a 1 year high of $35.50. The firm has a 50-day simple moving average of $18.76 and a two-hundred day simple moving average of $21.76. The company has a market cap of $4.60 billion and a P/E ratio of 58.52. The company has a debt-to-equity ratio of 3.16, a current ratio of 2.42 and a quick ratio of 1.91.

EquipmentShare.com (NASDAQ:EQPT - Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported $0.18 EPS for the quarter, beating analysts' consensus estimates of ($0.10) by $0.28. The business had revenue of $1.45 billion for the quarter. Research analysts anticipate that EquipmentShare.com Inc will post 0.44 earnings per share for the current year.

EquipmentShare.com announced that its Board of Directors has initiated a share buyback program on Friday, July 10th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to repurchase up to 12.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

Key Headlines Impacting EquipmentShare.com

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

Positive Sentiment: CEO Jabbok Schlacks purchased 15,000 shares on September 1 at an average price of $17.03 and another 10,000 shares on September 2 at $17.69, investing a combined $432,350. These purchases followed additional buying on August 28 and August 31, suggesting the CEO considers the recent decline an attractive entry point and may be signaling confidence in EquipmentShare’s long-term prospects. SEC insider transaction filing
Neutral Sentiment: Multiple law firms reiterated that September 21, 2026 is the deadline for investors to seek lead-plaintiff status in a pending securities class action involving EquipmentShare’s January 2026 IPO and subsequent trading period. These announcements largely solicit investor participation and do not establish that the company violated securities laws. Faruqi & Faruqi class-action notice
Negative Sentiment: The lawsuits allege that EquipmentShare’s IPO disclosures failed to fully describe related-party transactions and the value allegedly directed to founder-affiliated entities through the OWN Program and T3 platform. If the claims advance, the company could face litigation expenses, potential damages, management distraction and further investor uncertainty. The unusually large number of similar law-firm releases may also weigh on sentiment in the near term. SueWallSt securities lawsuit notice

Analyst Upgrades and Downgrades

Several equities analysts have commented on EQPT shares. UBS Group cut their price objective on EquipmentShare.com from $24.00 to $22.00 and set a "neutral" rating on the stock in a research report on Thursday, August 20th. BNP Paribas Exane initiated coverage on EquipmentShare.com in a research report on Monday, June 29th. They set a "neutral" rating and a $22.00 target price for the company. Citigroup boosted their target price 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. Weiss Ratings upgraded shares of EquipmentShare.com from a "sell (d)" rating to a "sell (d+)" rating in a report on Friday, August 14th. Finally, 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. 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 stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $34.78.

Read Our Latest Report on EQPT

Institutional Trading of EquipmentShare.com

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

About EquipmentShare.com

(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.