Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Casella Waste Systems, Inc shares valued at $219,060 were sold by Green Emily Nagle on Dec 13 ’24. At $108.18 per share, Green Emily Nagle sold 2,025 shares. The insider’s holdings dropped to 15,624 shares worth approximately $1.68 million following the completion of this transaction.
Also, Michael Burke purchased 1,800 shares, netting a total of over 203,238 in proceeds.
Before that, CASELLA DOUGLAS R had sold 20,000 shares from its account. In a trade valued at $2,245,200, the VICE CHAIRMAN, BD OF DIRECTORS traded Casella Waste Systems, Inc shares for $112.26 each. Upon closing the transaction, the insider’s holdings decreased to 20,000 shares, worth approximately $12.4 million.
As published in their initiating research note from William Blair on October 03, 2024, Casella Waste Systems, Inc [CWST] has been an Outperform. Analysts at Deutsche Bank started covering the stock with ‘”a Hold”‘ outlook in a report released in late May. As of November 27, 2023, Wells Fargo has initiated its “an Overweight” rating for CWST. Earlier on October 17, 2023, Wolfe Research initiated its rating. Their recommendation was “an Outperform” for CWST stock.
Analyzing CWST Stock Performance
During the last five days, there has been a surge of approximately 1.52%. Over the course of the year, Casella Waste Systems, Inc shares have jumped approximately 1.52%. Shares of the company reached a 52-week high of $107.88 on 01/08/25 and a 52-week low of $103.20 on 01/03/25. A 50-day SMA is recorded $107.23, while a 200-day SMA reached $101.84. Nevertheless, trading volume fell to 0.24 million shares from 0.26 million shares the previous day.
Support And Resistance Levels for Casella Waste Systems, Inc (CWST)
According to the 24-hour chart, there is a support level at 105.55, which, if violated, would cause prices to drop to 103.67. In the upper region, resistance lies at 108.59. The next price resistance is at 109.75. RSI (Relative Strength Index) is 52.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.43, which suggests the price will decrease in the coming days. Percent R is at 15.60%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
