The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Republic Services, Inc shares valued at $1,436,069 were purchased by Brummer Gregg on Feb 19 ’25. At $228.20 per share, Brummer Gregg acquired 6,293 shares.
Also, Weymouth Katharine sold 1,859 shares, netting a total of over 400,187 in proceeds. Following the sale of shares at $215.27 each, the insider now holds 879 shares.
Before that, Weymouth Katharine had added 1,859 shares to its account. In a trade valued at $400,187, the Director bought Republic Services, Inc shares for $215.27 each.
As published in a research note from RBC Capital Mkts on January 06, 2025, Republic Services, Inc [RSG] has been rated up from a Sector perform to an Outperform and the price target has been revised to $237 from $219. Analysts at Deutsche Bank upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early December. As of December 06, 2024, BMO Capital Markets has increased its “Market perform” rating to a “an Outperform” for RSG. Earlier on October 04, 2024, Scotiabank initiated its rating. Their recommendation was “a Sector perform” for RSG stock.
Analyzing RSG Stock Performance
During the last five days, there has been a surge of approximately 2.87%. Over the course of the year, Republic Services, Inc shares have jumped approximately 14.16%. Shares of the company reached a 52-week high of $232.52 on 02/14/25 and a 52-week low of $199.43 on 01/03/25. A 50-day SMA is recorded $212.24, while a 200-day SMA reached $202.72. Nevertheless, trading volume fell to 1.13 million shares from 1.22 million shares the previous day.
Support And Resistance Levels for Republic Services, Inc (RSG)
According to the 24-hour chart, there is a support level at 228.14, which, if violated, would cause prices to drop to 226.62. In the upper region, resistance lies at 230.79. The next price resistance is at 231.93. RSI (Relative Strength Index) is 71.06 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.85, which suggests the price will increase in the coming days. Percent R is at 14.35%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
