KD Logo

A company insider recently sold 1,000 shares of Waste Connections Inc [WCN]. Should You Sale?

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Waste Connections Inc shares valued at $187,500 were sold by NIELSEN III ROBERT on Nov 12 ’24. At $187.50 per share, NIELSEN III ROBERT sold 1,000 shares. The insider’s holdings dropped to 2,250 shares worth approximately $0.43 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, LITTLE JAMES sold 2,000 shares, netting a total of over 370,650 in proceeds. Following the sale of shares at $185.32 each, the insider now holds 12,317 shares.

Before that, JAMES AND MICHELLE LITTLE REV had added 2,000 shares to its account. In a trade valued at $370,650, the Officer bought Waste Connections Inc shares for $185.32 each.

As published in their initiating research note from Scotiabank on October 04, 2024, Waste Connections Inc [WCN] has been a Sector perform and the price target has been revised to $196. Analysts at Deutsche Bank started covering the stock with ‘”a Buy”‘ outlook in a report released in late May. Earlier on February 29, 2024, UBS downgraded its rating. Their new recommendation was “a Neutral” for WCN stock which previously was a “a Buy”.

Analyzing WCN Stock Performance

During the last five days, there has been a surge of approximately 2.87%. Over the course of the year, Waste Connections Inc shares have jumped approximately 26.62%. Shares of the company reached a 52-week high of $189.48 on 11/21/24 and a 52-week low of $145.35 on 01/17/24. A 50-day SMA is recorded $180.99, while a 200-day SMA reached $174.26. Nevertheless, trading volume fell to 0.75 million shares from 0.86 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 186.38, which, if violated, would cause prices to drop to 183.76. In the upper region, resistance lies at 190.56. The next price resistance is at 192.11. RSI (Relative Strength Index) is 64.97 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.50, which suggests the price will increase in the coming days. Percent R is at 3.74%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

Most Popular