EquipmentShare.com (NASDAQ:EQPT) Shares Gap Up Following Insider Buying Activity

EquipmentShare.com Inc (NASDAQ:EQPTGet Free Report) shares gapped up prior to trading on Wednesday after an insider bought additional shares in the company. The stock had previously closed at $16.85, but opened at $17.63. EquipmentShare.com shares last traded at $17.4390, with a volume of 134,025 shares changing hands.

Specifically, CEO Jabbok Schlacks purchased 15,500 shares of EquipmentShare.com stock in a transaction that occurred on Monday, August 31st. The stock was purchased at an average cost of $17.46 per share, with a total value of $270,630.00. Following the completion of the transaction, the chief executive officer directly owned 75,000 shares in the company, valued at approximately $1,309,500. The trade was a 26.05% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jabbok Schlacks acquired 9,500 shares of the company’s stock in a transaction on Friday, August 28th. The shares were purchased at an average cost of $17.87 per share, for a total transaction of $169,765.00. Following the acquisition, the chief executive officer owned 59,500 shares of the company’s stock, valued at approximately $1,063,265. The trade was a 19.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Weiss Ratings raised EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 14th. 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 price target on the stock. Citigroup lifted their price target on EquipmentShare.com from $19.00 to $22.00 and gave the stock a “neutral” rating in a research report on Monday, August 17th. UBS Group reduced their price objective on EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating for the company in a research note on Thursday, August 20th. Finally, Truist Financial reissued a “buy” rating and issued a $35.00 price objective (down from $38.00) on shares of EquipmentShare.com in a report on Tuesday, August 25th. Six research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $34.78.

Read Our Latest Research Report on EQPT

EquipmentShare.com News Summary

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

  • Negative Sentiment: Multiple law firms announced or promoted a securities-fraud class action involving EquipmentShare’s January 2026 IPO and shares purchased during the January 23–June 23, 2026 class period. The complaints reportedly center on allegations that the company failed to disclose material information, including alleged related-party transactions. The claims have not been proven, but the litigation creates potential legal costs, reputational damage and uncertainty over possible investor compensation. Bernstein Liebhard shareholder alert
  • Negative Sentiment: Investors have until September 21, 2026 to seek appointment as lead plaintiff. The numerous deadline notices are largely attorney solicitations rather than new findings, but their volume keeps the alleged IPO disclosure issues in focus and may limit near-term enthusiasm for EQPT. Kaplan Fox class-action deadline notice
  • Positive Sentiment: CEO Jabbok Schlacks bought 15,500 shares for approximately $270,630 on August 31, following a 9,500-share purchase worth about $169,765 on August 28. The purchases increased his direct holdings to 75,000 shares, suggesting management believes the recent weakness may have created an attractive entry point. SEC insider ownership filing
  • Neutral Sentiment: Underlying financial news is more supportive: EquipmentShare last reported quarterly earnings of $0.18 per share, well above the expected loss of $0.10, on $1.45 billion in revenue. The company also has a $500 million share-repurchase authorization, although these positives are currently competing with the litigation overhang.

EquipmentShare.com Stock Performance

The stock’s 50-day moving average is $18.88 and its 200 day moving average is $21.98. The stock has a market cap of $4.45 billion and a price-to-earnings ratio of 56.59. 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:EQPTGet Free Report) last released its earnings results on Wednesday, August 12th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.28. The business had revenue of $1.45 billion for the quarter. As a group, analysts predict 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 buyback plan on Friday, July 10th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 12.4% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Institutional Inflows and Outflows

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

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.

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