While the dollar amount is too small to move the stock mechanically, the dual-founder buying cluster is a rare signal of conviction from those with the deepest knowledge of the business. Monitor for additional insider buys in the coming weeks — if the CEO adds another $100K+ at current levels, it would strengthen the bullish read. The 71% analyst buy rating and recent institutional accumulation (6 adds, 2 new positions) provide supporting context.
Price Chart
Executive Summary
Founder & CEO Jabbok Schlacks and Founder & President William J. Schlacks made open-market purchases totaling $207K in EQPT over the past week, with the CEO's $170K purchase at $17.87 representing the largest single trade. This insider buying cluster, while modest at ~0.005% of the $4.3B market cap, carries amplified signal due to both founders buying in the same window, historically a strong bullish indicator per the cluster-buy literature. The purchases come amid 71% bullish analyst consensus and recent institutional accumulation, suggesting confidence in the company's near-term outlook despite the small absolute dollar amounts relative to market cap.
Key Financial Metrics
Key Facts
- Founder & CEO Jabbok Schlacks purchased 9,500 shares at $17.87 ($170K) on 2026-08-28
- Founder & President William J. Schlacks purchased 2,000 shares at $18.64 ($37K) on 2026-08-21
- Total cluster value: $207K in open-market buys over 7 days
- Both founders participated, amplifying the signal per academic literature on cluster buys
- Market cap is $4.3B, so cluster value is ~0.005% of market cap — below the 0.1% materiality threshold
Financial Impact
Insider purchases of $207K represent ~0.005% of $4.3B market cap — economically trivial but symbolically significant as both founders bought
Risk Factors
- $207K is only 0.005% of market cap — statistically noise-level insider activity that may not predict stock movement
- Insider buys at a company with $45.4M in recent insider sales (30d) suggest some insiders are taking a different view
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-EQPT-1788332975092 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $16.33 | awaiting T+1 | — | $16.26 (−0.43%) |
Oct 19, 2026 7d ago | 8-K | $13.95 $15.60 | ▲ +11.83% | ▲ +11.49% | $16.26 (+16.56%) |
Sep 16, 2026 5w ago | Insider Buy | $18.37 $18.03 | ▼ −1.85% | ▼ −1.73% | $16.26 (−11.49%) |
Sep 4, 2026 7w ago | Insider Cluster | $19.40 $18.75 | ▼ −3.35% | ▼ −2.89% | $16.26 (−16.19%) |
Sep 1, 2026 7w ago | Insider Cluster | $17.81 $18.14 | ▲ +1.85% | ▲ +0.81% | $16.26 (−8.70%) |
Aug 24, 2026 9w ago | Insider Cluster | $18.47 $18.06 | ▲ +2.22% | ▲ +2.24% | $16.26 (+11.97%) |
Aug 18, 2026 9w ago | Insider Cluster | $19.68 $18.27 | ▲ +7.16% | ▲ +6.32% | $16.26 (+17.38%) |
Aug 18, 2026 9w ago | 144 | $19.68 $18.27 | ▲ +7.16% | ▲ +6.32% | $16.26 (+17.38%) |
Aug 14, 2026 10w ago | 144 | $21.43 $19.54 | ▲ +8.82% | ▲ +8.14% | $16.26 (+24.13%) |
Aug 14, 2026 10w ago | 144 | $21.43 $19.54 | ▼ −8.82% | ▼ −8.14% | $16.26 (−24.13%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers