Republic Services, Inc’s recently made public that its Director Weymouth Katharine unloaded Company’s shares for reported $0.4 million on Dec 05 ’24. In the deal valued at $215.27 per share,1,859 shares were sold. As a result of this transaction, Weymouth Katharine now holds 879 shares worth roughly $0.19 million.
Then, Weymouth Katharine bought 1,859 shares, generating $400,187 in total proceeds.
Before that, DelGhiaccio Brian M sold 5,071 shares. Republic Services, Inc shares valued at $1,065,011 were divested by the EVP Chief Financial Officer at a price of $210.02 per share. As a result of the transaction, DelGhiaccio Brian M now holds 6,318 shares, worth roughly $1.39 million.
RBC Capital Mkts upgraded its Republic Services, Inc [RSG] rating to an Outperform from a a Sector perform in a research note published on January 06, 2025; the price target was increased to $237 from $219. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in early December from “a Hold” to “a Buy”. BMO Capital Markets also remained covering RSG and has increased its forecast on December 06, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. Scotiabank started covering the stock on October 04, 2024. It rated RSG as “a Sector perform”.
Price Performance Review of RSG
On Tuesday, Republic Services, Inc [NYSE:RSG] saw its stock fall -0.82% to $219.24. Over the last five days, the stock has gained 1.47%. Republic Services, Inc shares have risen nearly 8.98% since the year began. Nevertheless, the stocks have risen 26.12% over the past one year. While a 52-week high of $221.75 was reached on 02/03/25, a 52-week low of $171.06 was recorded on 01/03/25. SMA at 50 days reached $210.54, while 200 days put it at $201.03.
Levels Of Support And Resistance For RSG Stock
The 24-hour chart illustrates a support level at 218.47, which if violated will result in even more drops to 217.69. On the upside, there is a resistance level at 220.17. A further resistance level may holdings at 221.09. The Relative Strength Index (RSI) on the 14-day chart is 63.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.31, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.81%. Stochastics %K at 86.95% indicates the stock is a selling.
How much short interest is there in Republic Services, Inc?
A steep rise in short interest was recorded in Republic Services, Inc stocks on 2025-01-15, growing by 0.31 million shares to a total of 2.53 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.21 million shares. There was a rise of 12.4%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 03, 2024 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating .
