Republic Services, Inc’s recently made public that its EVP, COO Brummer Gregg unloaded Company’s shares for reported $1.44 million on Feb 19 ’25. In the deal valued at $228.20 per share,6,293 shares were sold. As a result of this transaction, Brummer Gregg now holds 10,416 shares worth roughly $2.43 million.
Then, Brummer Gregg bought 6,293 shares, generating $1,436,069 in total proceeds.
Before that, Weymouth Katharine sold 1,859 shares. Republic Services, Inc shares valued at $400,187 were divested by the Director at a price of $215.27 per share. As a result of the transaction, Weymouth Katharine now holds 879 shares, worth roughly $0.21 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 jump 0.34% to $233.51. Over the last five days, the stock has gained 2.17%. Republic Services, Inc shares have risen nearly 16.07% since the year began. Nevertheless, the stocks have risen 27.37% over the past one year. While a 52-week high of $233.42 was reached on 02/25/25, a 52-week low of $180.91 was recorded on 01/03/25. SMA at 50 days reached $213.67, while 200 days put it at $203.62.
Levels Of Support And Resistance For RSG Stock
The 24-hour chart illustrates a support level at 232.45, which if violated will result in even more drops to 231.39. On the upside, there is a resistance level at 234.30. A further resistance level may holdings at 235.08. The Relative Strength Index (RSI) on the 14-day chart is 75.31, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.61, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.53%. Stochastics %K at 94.07% indicates the stock is a selling.
The most recent change occurred on October 03, 2024 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating .
