Waste Management, Inc’s recent filing unveils that its SVP of Enterprise Strategy Carrasco Rafael unloaded Company’s shares for reported $0.9 million on Feb 07 ’25. In the deal valued at $225.89 per share,4,000 shares were sold. As a result of this transaction, Carrasco Rafael now holds 18,531 shares worth roughly $ 4.23 million.
Then, Carrasco Rafael bought 4,000 shares, generating $903,562 in total proceeds.
Before that, Hemmer Tara J. sold 4,576 shares. Waste Management, Inc shares valued at $1,016,421 were divested by the SVP & Chief Sustainability Off at a price of $222.12 per share. As a result of the transaction, Hemmer Tara J. now holds 58,765 shares, worth roughly $13.42 million.
Scotiabank upgraded its Waste Management, Inc [WM] rating to a Sector outperform from a a Sector perform in a research note published on January 27, 2025; the price target was increased to $250 from $225. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in early October with a ‘”a Sector perform”‘ rating. William Blair began covering WM with “an Outperform” recommendation on October 03, 2024. Deutsche Bank started covering the stock on May 22, 2024. It rated WM as “a Buy”.
Price Performance Review of WM
On Tuesday, Waste Management, Inc [NYSE:WM] saw its stock jump 0.27% to $228.35. Over the last five days, the stock has gained 1.00%. Waste Management, Inc shares have risen nearly 13.16% since the year began. Nevertheless, the stocks have risen 14.66% over the past one year. While a 52-week high of $230.39 was reached on 02/14/25, a 52-week low of $196.59 was recorded on 01/02/25. SMA at 50 days reached $213.63, while 200 days put it at $211.45.
Levels Of Support And Resistance For WM Stock
The 24-hour chart illustrates a support level at 225.02, which if violated will result in even more drops to 221.69. On the upside, there is a resistance level at 230.64. A further resistance level may holdings at 232.93. The Relative Strength Index (RSI) on the 14-day chart is 71.72, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.85, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.69%. Stochastics %K at 88.34% indicates the stock is a selling.
