Waste Management, Inc’s recently made public that its Officer Morris John J acquired Company’s shares for reported $3.08 million on Nov 21 ’24. In the deal valued at $221.71 per share,13,907 shares were bought.
Then, Rooney Kelly C. bought 5,257 shares, generating $1,186,908 in total proceeds.
Before that, Carrasco Rafael bought 2,455 shares. Waste Management, Inc shares valued at $554,214 were divested by the Officer at a price of $225.75 per share.
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 0.81% to $203.39. Over the last five days, the stock has gained 0.55%. Waste Management, Inc shares have risen nearly 0.79% since the year began. Nevertheless, the stocks have risen 14.41% over the past one year. While a 52-week high of $230.39 was reached on 01/07/25, a 52-week low of $176.68 was recorded on 01/02/25. SMA at 50 days reached $215.24, while 200 days put it at $210.32.
Levels Of Support And Resistance For WM Stock
The 24-hour chart illustrates a support level at 202.34, which if violated will result in even more drops to 201.28. On the upside, there is a resistance level at 204.14. A further resistance level may holdings at 204.88. The Relative Strength Index (RSI) on the 14-day chart is 34.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.77%. Stochastics %K at 18.96% indicates the stock is a buying.
How much short interest is there in Waste Management, Inc?
A steep rise in short interest was recorded in Waste Management, Inc stocks on 2024-12-13, growing by 0.25 million shares to a total of 3.29 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.04 million shares. There was a rise of 7.61%, which implies that there is a positive sentiment for the stock.
