Waste Connections Inc’s filing revealed that its SR VP Operations NIELSEN III ROBERT unloaded Company’s shares for reported $0.19 million on Nov 12 ’24. In the deal valued at $187.50 per share,1,000 shares were sold. As a result of this transaction, NIELSEN III ROBERT now holds 2,250 shares worth roughly $0.39 million.
Then, LITTLE JAMES sold 2,000 shares, generating $370,650 in total proceeds. Upon selling the shares at $185.32, the Executive VP Engineering now owns 12,317 shares.
Before that, JAMES AND MICHELLE LITTLE REV bought 2,000 shares. Waste Connections Inc shares valued at $370,650 were divested by the Officer at a price of $185.32 per share.
Scotiabank initiated its Waste Connections Inc [WCN] rating to a Sector perform in a research note published on October 04, 2024; the price target was $196. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in late May with a ‘”a Buy”‘ rating. UBS revised its rating on February 29, 2024. It rated WCN as “a Neutral” which previously was an “a Buy”.
Price Performance Review of WCN
On Monday, Waste Connections Inc [NYSE:WCN] saw its stock jump 0.57% to $171.90. Over the last five days, the stock has gained 0.37%. Waste Connections Inc shares have risen nearly 0.19% since the year began. Nevertheless, the stocks have risen 16.56% over the past one year. While a 52-week high of $194.83 was reached on 01/06/25, a 52-week low of $145.35 was recorded on 01/03/25. SMA at 50 days reached $181.56, while 200 days put it at $176.39.
Levels Of Support And Resistance For WCN Stock
The 24-hour chart illustrates a support level at 170.54, which if violated will result in even more drops to 169.17. On the upside, there is a resistance level at 173.05. A further resistance level may holdings at 174.19. The Relative Strength Index (RSI) on the 14-day chart is 33.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.46%. Stochastics %K at 11.26% indicates the stock is a buying.
How much short interest is there in Waste Connections Inc?
A steep rise in short interest was recorded in Waste Connections Inc stocks on 2024-12-13, growing by 0.53 million shares to a total of 2.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.48 million shares. There was a rise of 26.42%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 27, 2023 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating .
