KD Logo

Investing in Waste Management, Inc (WM): What You Must Know

Waste Management, Inc’s recent filing unveils that its Officer Rooney Kelly C. acquired Company’s shares for reported $1.19 million on Nov 12 ’24. In the deal valued at $225.78 per share,5,257 shares were bought.

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

Then, Carrasco Rafael bought 2,455 shares, generating $554,214 in total proceeds.

Before that, Sylvester Maryrose sold 310 shares. Waste Management, Inc shares valued at $66,796 were divested by the Director at a price of $215.47 per share. As a result of the transaction, Sylvester Maryrose now holds 3,875 shares, worth roughly $0.87 million.

Scotiabank initiated its Waste Management, Inc [WM] rating to a Sector perform in a research note published on October 04, 2024; the price target was $220. A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in early October with a ‘”an Outperform”‘ rating. Deutsche Bank began covering WM with “Buy” recommendation on May 22, 2024.

Price Performance Review of WM

On Tuesday, Waste Management, Inc [NYSE:WM] saw its stock jump 0.52% to $224.78. Over the last five days, the stock has gained 4.12%. Waste Management, Inc shares have risen nearly 25.51% since the year began. Nevertheless, the stocks have risen 30.86% over the past one year. While a 52-week high of $226.50 was reached on 11/11/24, a 52-week low of $168.73 was recorded on 01/08/24. SMA at 50 days reached $210.75, while 200 days put it at $207.98.

Levels Of Support And Resistance For WM Stock

The 24-hour chart illustrates a support level at 223.58, which if violated will result in even more drops to 222.39. On the upside, there is a resistance level at 226.20. A further resistance level may holdings at 227.62. The Relative Strength Index (RSI) on the 14-day chart is 69.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.79, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.58%. Stochastics %K at 88.60% indicates the stock is a selling.

How much short interest is there in Waste Management, Inc?

A steep rise in short interest was recorded in Waste Management, Inc stocks on 2024-10-31, dropping by -0.28 million shares to a total of 3.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 3.3 million shares. There was a decline of -9.2%, which implies that there is a negative sentiment for the stock.

Most Popular