Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Waste Connections Inc shares valued at $105,920 were sold by NIELSEN III ROBERT on Sep 09 ’24. At $185.50 per share, NIELSEN III ROBERT sold 571 shares. The insider’s holdings dropped to 3,250 shares worth approximately $0.58 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, GUILLET EDWARD E sold 8,000 shares, netting a total of over 1,478,640 in proceeds. Following the sale of shares at $184.83 each, the insider now holds 23,600 shares.
Before that, GUILLET EDWARD E had added 8,000 shares to its account. In a trade valued at $1,481,200, the Director bought Waste Connections Inc shares for $185.15 each.
As published in their initiating research note from Deutsche Bank on May 23, 2024, Waste Connections Inc [WCN] has been a Buy. As of February 29, 2024, UBS has decreased its “Buy” rating to a “Neutral” for WCN. Earlier on November 27, 2023, Wells Fargo initiated its rating. Their recommendation was “an Overweight” for WCN stock.
Analyzing WCN Stock Performance
During the last five days, there has been a drop of approximately -0.23%. Over the course of the year, Waste Connections Inc shares have jumped approximately 19.32%. Shares of the company reached a 52-week high of $187.54 on 08/29/24 and a 52-week low of $145.35 on 01/17/24. A 50-day SMA is recorded $181.33, while a 200-day SMA reached $168.88. Nevertheless, trading volume fell to 0.65 million shares from 0.48 million shares the previous day.
Support And Resistance Levels for Waste Connections Inc (WCN)
According to the 24-hour chart, there is a support level at 176.90, which, if violated, would cause prices to drop to 175.69. In the upper region, resistance lies at 179.07. The next price resistance is at 180.03. RSI (Relative Strength Index) is 41.30 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.59, which suggests the price will decrease in the coming days. Percent R is at 84.27%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
