William J. Schlacks, Founder & President at EquipmentShare.com Inc (EQPT), bought 10,000 shares at $17.79 ($178K) on 2026-09-02, disclosed to the SEC on 2026-09-04.
Founder and President William J. Schlacks purchased 10,000 shares of EquipmentShare.com for $177,900, signaling confidence in the company's turnaround following recent legal and short-selling headwinds. This insider buying comes as the stock trades near its 52-week low and has underperformed the broader market over the last 30 days.
EQPT is down 8.97% over the last 30 days and is currently trading 48.85% below its 52-week high of $35.50, while the stock has fallen 48.3% year to date.
Q2 2026 earnings call on August 13, 2026, which reported a 39% surge in rental revenue and a 34% climb in adjusted core EBITDA to $531 million; a $500 million share repurchase program announced in July 2026 to counteract short-selling pressure; and Truist maintaining a Buy rating with an 80% upside potential as of July 2, 2026.
The stock faces significant pressure from a short report alleging related-party transactions and legal investigations, which has triggered a sharp decline in share price; additionally, the company's high P/E ratio of 195.50 suggests the stock may be overvalued relative to its current performance.
Nothing distinguishes this filing.
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| EQPT | BUY | 2026-06-17 | $1.1M | — | Filing → |