Key Points
- CEO Jabbok Schlacks bought 22,900 EQPT shares for approximately $406,700, bringing his direct holdings to 125,000 shares. Including recent purchases, he has acquired roughly 75,000 shares since late August, signaling increased insider confidence.
- EquipmentShare.com reported quarterly earnings of $0.18 per share, exceeding the expected $0.10 loss, on revenue of $1.45 billion. The company also authorized a $500 million share-repurchase program covering up to 12.4% of outstanding shares.
- EQPT faces significant risks from reported securities-class-action allegations involving undisclosed related-party transactions, while the stock remains below its moving averages and well below its 12-month high. Analysts maintain a consensus “Hold” rating despite an average price target of $34.78.
EquipmentShare.com Inc (NASDAQ:EQPT - Get Free Report) CEO Jabbok Schlacks acquired 2,100 shares of the company's stock in a transaction that occurred on Monday, September 14th. The shares were bought at an average price of $18.00 per share, for a total transaction of $37,800.00. Following the completion of the acquisition, the chief executive officer owned 102,100 shares of the company's stock, valued at $1,837,800. This trade represents a 2.10% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Jabbok Schlacks also recently made the following trade(s):
- On Tuesday, September 15th, Jabbok Schlacks bought 22,900 shares of EquipmentShare.com stock. The stock was bought at an average cost of $17.76 per share, with a total value of $406,704.00.
- On Wednesday, September 2nd, Jabbok Schlacks bought 10,000 shares of EquipmentShare.com stock. The shares were purchased at an average price of $17.69 per share, with a total value of $176,900.00.
- On Tuesday, September 1st, Jabbok Schlacks bought 15,000 shares of EquipmentShare.com stock. The shares were purchased at an average price of $17.03 per share, with a total value of $255,450.00.
- On Monday, August 31st, Jabbok Schlacks purchased 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 purchased 9,500 shares of EquipmentShare.com stock. The stock was purchased at an average price of $17.87 per share, for a total transaction of $169,765.00.
EquipmentShare.com Stock Performance
Shares of EquipmentShare.com stock opened at $17.58 on Thursday. The company has a debt-to-equity ratio of 3.16, a current ratio of 2.42 and a quick ratio of 1.91. The firm has a market cap of $4.45 billion and a price-to-earnings ratio of 56.71. The stock's 50-day moving average is $18.65 and its 200-day moving average is $20.94. EquipmentShare.com Inc has a one year low of $15.71 and a one year high of $35.50.
EquipmentShare.com (NASDAQ:EQPT - Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.10) by $0.28. The firm had revenue of $1.45 billion for the quarter. Equities analysts predict that EquipmentShare.com Inc will post 0.44 earnings per share for the current fiscal year.
EquipmentShare.com declared that its board has authorized a share repurchase program on Friday, July 10th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to buy up to 12.4% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.
Analyst Ratings Changes
A number of research firms have recently issued reports on EQPT. BNP Paribas Exane assumed coverage on shares of EquipmentShare.com in a report on Monday, June 29th. They issued a "neutral" rating and a $22.00 price objective on the stock. Truist Financial restated a "buy" rating and set a $35.00 target price (down from $38.00) on shares of EquipmentShare.com in a report on Tuesday, August 25th. Citigroup raised their target price on shares of EquipmentShare.com from $19.00 to $22.00 and gave the company a "neutral" rating in a research report on Monday, August 17th. Citizens Jmp reiterated a "market outperform" rating and issued a $42.00 price target on shares of EquipmentShare.com in a research note on Monday, June 22nd. Finally, UBS Group cut their price target 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. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $34.78.
Get Our Latest Stock Analysis on EquipmentShare.com
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of EQPT. Arizona State Retirement System bought a new stake in shares of EquipmentShare.com during the 2nd quarter worth approximately $205,000. Chico Wealth RIA acquired a new stake in shares of EquipmentShare.com in the 2nd quarter valued at approximately $322,000. Bank of New York Mellon Corp bought a new position in shares of EquipmentShare.com in the second quarter valued at $326,000. Engineers Gate Manager LP bought a new position in shares of EquipmentShare.com in the second quarter valued at $679,000. Finally, Waverly Advisors LLC bought a new position in shares of EquipmentShare.com in the second quarter valued at $2,387,000.
EquipmentShare.com News Summary
Here are the key news stories impacting EquipmentShare.com this week:
- Positive Sentiment: CEO Jabbok Schlacks bought 22,900 shares at an average price of $17.76, investing approximately $406,700 and increasing his direct ownership by 22.43%. Including a 2,100-share purchase on September 14, his recent investment totals about $444,500. Insider buying can signal management confidence that EQPT is undervalued. Insider buying report
- Neutral Sentiment: EquipmentShare’s latest reported quarter was stronger than expected, with earnings of $0.18 per share versus analysts’ forecast of a $0.10 loss and revenue of $1.45 billion. However, those results were released before the current litigation headlines and may have limited near-term influence.
- Negative Sentiment: Multiple law firms are promoting a federal securities class action against EquipmentShare related to its January 2026 IPO and trading between January 23 and June 23. The complaints allege that investors were not informed about related-party transactions, including claims that at least $77 million was directed to founder-affiliated entities. The allegations have not been proven, but potential legal costs, damages, regulatory scrutiny and reputational harm create significant risks. Class action notice
- Negative Sentiment: The September 21 lead-plaintiff deadline is generating repeated legal notices, keeping the allegations in focus and likely contributing to continued selling pressure. EQPT also remains below its 50-day and 200-day moving averages and well below its 12-month high, signaling persistent technical weakness. Investor deadline announcement
About EquipmentShare.com
(
Get Free Report)
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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