EquipmentShare.com (NASDAQ:EQPT) CEO Jabbok Schlacks Buys 22,900 Shares of Stock

EquipmentShare.com Inc (NASDAQ:EQPT) CEO Jabbok Schlacks bought 22,900 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The shares were acquired at an average price of $17.76 per share, with a total value of $406,704.00. Following the completion of the transaction, the chief executive officer directly owned 125,000 shares of the company’s stock, valued at $2,220,000. This trade represents a 22.43% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, September 14th, Jabbok Schlacks purchased 2,100 shares of EquipmentShare.com stock. The stock was acquired at an average price of $18.00 per share, for a total transaction of $37,800.00.
• On Wednesday, September 2nd, Jabbok Schlacks purchased 10,000 shares of EquipmentShare.com stock. The shares were acquired at an average price of $17.69 per share, for a total transaction of $176,900.00.
• On Tuesday, September 1st, Jabbok Schlacks acquired 15,000 shares of EquipmentShare.com stock. The shares were acquired at an average cost of $17.03 per share, with a total value of $255,450.00.
• On Monday, August 31st, Jabbok Schlacks acquired 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 Friday, August 28th, Jabbok Schlacks bought 9,500 shares of EquipmentShare.com stock. The stock was bought at an average cost of $17.87 per share, for a total transaction of $169,765.00.

EquipmentShare.com Stock Performance

NASDAQ EQPT traded down $0.10 on Wednesday, hitting $17.58. 3,310,906 shares of the company traded hands, compared to its average volume of 2,236,000. The business’s 50 day moving average price is $18.63 and its 200-day moving average price is $21.02. EquipmentShare.com Inc has a 52-week low of $15.71 and a 52-week high of $35.50. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 3.16. The company has a market capitalization of $4.45 billion and a price-to-earnings ratio of 56.71.

EquipmentShare.com (NASDAQ:EQPT) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.28. The company had revenue of $1.45 billion during the quarter. Equities analysts expect that EquipmentShare.com Inc will post 0.44 earnings per share for the current year.

EquipmentShare.com announced that its board has approved a share repurchase program on Friday, July 10th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 12.4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its shares are undervalued.

Key Stories Impacting EquipmentShare.com

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

• Negative Sentiment: Several law firms, including Kaplan Fox, Levi & Korsinsky, and Faruqi & Faruqi, reminded investors that a securities class action has been filed against EquipmentShare. The case covers investors who purchased shares in or traceable to the company’s January 2026 IPO, as well as purchases made from January 23 through June 23, 2026. Kaplan Fox class action notice
• Negative Sentiment: The allegations center on claims that EquipmentShare failed to disclose related-party transactions involving at least $77 million allegedly funneled to entities affiliated with the company’s founder. The legal complaints assert that investors were harmed after the allegations became public and the shares experienced a sharp correction. These claims have not been proven in court. SueWallSt shareholder alert
• Negative Sentiment: At least a dozen investor-law-firm notices were issued between September 14 and 16, urging affected shareholders to seek lead-plaintiff status before the September 21 deadline. The high volume of notices may amplify concerns about disclosure controls, governance, potential litigation costs, and future settlement or liability exposure. Rosen Law Firm deadline notice
• Neutral Sentiment: The announcements do not provide new quarterly results, guidance, or changes to EquipmentShare’s business outlook. Investors will likely focus on the company’s response to the allegations and any developments in the litigation.

Institutional Trading of EquipmentShare.com

Large investors have recently added to or reduced their stakes in the company. Arizona State Retirement System purchased a new position in shares of EquipmentShare.com in the 2nd quarter worth approximately $205,000. Chico Wealth RIA bought a new stake in EquipmentShare.com in the second quarter worth $322,000. Bank of New York Mellon Corp purchased a new position in EquipmentShare.com during the second quarter worth $326,000. Engineers Gate Manager LP purchased a new position in EquipmentShare.com during the second quarter worth $679,000. Finally, Waverly Advisors LLC bought a new position in EquipmentShare.com during the second quarter valued at $2,387,000.

Analyst Upgrades and Downgrades

EQPT has been the subject of a number of recent analyst reports. Citizens Jmp reiterated a “market outperform” rating and issued a $42.00 price target on shares of EquipmentShare.com in a research report on Monday, June 22nd. Citigroup upped their target price on shares of EquipmentShare.com from $19.00 to $22.00 and gave the stock a “neutral” rating in a report on Monday, August 17th. Weiss Ratings upgraded EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, August 14th. Truist Financial reissued a “buy” rating and set a $35.00 price target (down from $38.00) on shares of EquipmentShare.com in a report on Tuesday, August 25th. Finally, Wells Fargo & Company lowered their price objective on EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. 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 stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $34.78.

About EquipmentShare.com

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.