Casella Waste Systems, Inc’s recently made public that its Director Green Emily Nagle unloaded Company’s shares for reported $0.22 million on Dec 13 ’24. In the deal valued at $108.18 per share,2,025 shares were sold. As a result of this transaction, Green Emily Nagle now holds 15,624 shares worth roughly $ 1.74 million.
Then, Michael Burke bought 1,800 shares, generating $203,238 in total proceeds.
Before that, CASELLA DOUGLAS R sold 20,000 shares. Casella Waste Systems, Inc shares valued at $2,245,200 were divested by the VICE CHAIRMAN, BD OF DIRECTORS at a price of $112.26 per share. As a result of the transaction, CASELLA DOUGLAS R now holds 115,435 shares, worth roughly $12.85 million.
Jefferies downgraded its Casella Waste Systems, Inc [CWST] rating to a Hold from a a Buy in a research note published on January 23, 2025; the price target was decreased to $113 from $115. 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 CWST with “Hold” recommendation on May 23, 2024. Wells Fargo started covering the stock on November 27, 2023. It rated CWST as “an Overweight”.
Price Performance Review of CWST
On Friday, Casella Waste Systems, Inc [NASDAQ:CWST] saw its stock jump 4.30% to $111.36. Over the last five days, the stock has gained 3.11%. Casella Waste Systems, Inc shares have risen nearly 5.25% since the year began. Nevertheless, the stocks have risen 26.91% over the past one year. While a 52-week high of $114.88 was reached on 01/16/25, a 52-week low of $84.45 was recorded on 01/03/25. SMA at 50 days reached $107.94, while 200 days put it at $103.53.
Levels Of Support And Resistance For CWST Stock
The 24-hour chart illustrates a support level at 108.41, which if violated will result in even more drops to 105.46. On the upside, there is a resistance level at 113.34. A further resistance level may holdings at 115.32. The Relative Strength Index (RSI) on the 14-day chart is 59.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.46%. Stochastics %K at 57.68% indicates the stock is a holding.
How much short interest is there in Casella Waste Systems, Inc?
A steep rise in short interest was recorded in Casella Waste Systems, Inc stocks on 2025-01-31, dropping by -0.45 million shares to a total of 1.8 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 2.25 million shares. There was a decline of -24.78%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 17, 2023 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $96 price target.