EQPT
LONGINSIDER BUYEQUIPMENTSHARE COM INC
Research: Finviz ↗·Perplexity ↗
🗄 Viewing archived Q1 2026 data — frozen, no longer refreshed.
News Summary
PositiveEquipmentShare delivered strong operational execution post-IPO with Q1 2026 earnings beat (EPS $0.11 loss vs. $0.24 estimate), 38% YoY revenue growth, and sequential guidance raises through mid-year, supported by 210% YoY telematics revenue growth and expanding branch footprint. The company raised 2026 revenue guidance to $5.25–$5.68B and Adjusted Core EBITDA to $1.95–$2.06B while authorizing a $500M buyback, though high leverage ($3.14B debt) and recent $1.35B second lien debt issuance at 7.125% warrant monitoring.
Red flags
- •Total debt of $3.139 billion with additional $1.35 billion second lien notes issued in June 2026 at 7.125% represents elevated leverage and refinancing risk
- •Stock declined 7.33% following strong March 18 full-year 2025 earnings announcement despite beat, suggesting valuation concerns or market skepticism
- •Fitch BB- rating with stable outlook indicates speculative-grade credit quality; refinancing risk elevated if growth or margins compress
- •Multiple analyst price target cuts (Baird $63→$55, Wells Fargo $35→$32) post-earnings suggest consensus expectations may be conservative or valuation stretched
Funds Buying (4)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | % of Fund | QoQ | Status |
|---|---|---|---|---|---|---|---|
| Tiger Global | Chase Coleman | 4.6M | +4.6M | $93M | 0.4% | — | NEW |
| Viking Global | Andreas Halvorsen | 1.0M | +1.0M | $20M | <0.1% | — | NEW |
| Point72 | Steve Cohen | 189K | +189K | $4M | <0.1% | — | NEW |
| Soros Fund Management | Soros Family Office | 150K | +150K | $3M | <0.1% | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter. % of Fund is the position's share of the fund's reported equity portfolio — it drives the size weighting in the conviction score.
Portfolio Context
Where EQPT ranks in each buying fund's book, and the positions immediately around it. What a holding sits next to often says more about the thesis than the position size does.
position #32 of this fund's book
- 29PROCORE TECHNOLOGIES INC$133M
- 30LUMENTUM HLDGS INC$96M
- 31UNITEDHEALTH GROUP INC$95M
- 32EQUIPMENTSHARE COM INC$93M
- 33SHERWIN WILLIAMS CO$82M
- 34INTEL CORP$72M
- 35COSTAR GROUP INC$61M
Values are quarter-end position sizes. Shown only for funds where EQPT ranks inside their 40 largest equity positions — below that, neighbouring names carry no signal. Adjacency is an inference about a fund's reasoning, not a disclosure of it.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed | Src |
|---|---|---|---|---|---|---|---|
| Schlacks Jabbok | Co-Founder & CEO | BUY | 28K | $20.83 | $0.59M | 2026-06-15 | ↗ |
| Schlacks Jabbok | Co-Founder & CEO | BUY | 22K | $21.50 | $0.47M | 2026-06-15 | ↗ |
| Schlacks William J. | Co-Founder & President | BUY | 50K | $21.47 | $1.07M | 2026-06-15 | ↗ |
| HILL W BRYAN | — | BUY | 22K | $22.89 | $0.50M | 2026-05-19 | ↗ |
| BHATIA NAVEEN | — | BUY | 10K | $24.22 | $0.24M | 2026-05-15 | ↗ |