Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Republic Services, Inc shares valued at $525,954 were sold by Richardson Larson on Mar 03 ’25. At $239.07 per share, Richardson Larson sold 2,200 shares. The insider’s holdings dropped to 1,776 shares worth approximately $0.42 million following the completion of this transaction.
Also, Richardson Larson purchased 2,200 shares, netting a total of over 525,951 in proceeds.
Before that, Brummer Gregg had sold 6,293 shares from its account. In a trade valued at $1,436,060, the EVP, COO traded Republic Services, Inc shares for $228.20 each. Upon closing the transaction, the insider’s holdings decreased to 6,293 shares, worth approximately $2.46 million.
As published in a research note from CIBC on March 04, 2025, Republic Services, Inc [RSG] has been rated up from a Neutral to a Sector outperform. Analysts at RBC Capital Mkts upgraded the stock from ‘”a Sector perform”‘ to ‘”an Outperform”‘ outlook in a report released in early January. As of December 10, 2024, Deutsche Bank has increased its “Hold” rating to a “Buy” for RSG. Earlier on December 06, 2024, BMO Capital Markets upgraded its rating. Their new recommendation was “an Outperform” for RSG stock which previously was a “a Market perform”.
Analyzing RSG Stock Performance
During the last five days, there has been a surge of approximately 1.81%. Over the course of the year, Republic Services, Inc shares have jumped approximately 17.19%. Shares of the company reached a 52-week high of $240.95 on 03/04/25 and a 52-week low of $199.43 on 01/03/25. A 50-day SMA is recorded $216.99, while a 200-day SMA reached $205.05.
Support And Resistance Levels for Republic Services, Inc (RSG)
According to the 24-hour chart, there is a support level at 228.15, which, if violated, would cause prices to drop to 220.53. In the upper region, resistance lies at 240.23. The next price resistance is at 244.69. RSI (Relative Strength Index) is 67.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.63, which suggests the price will increase in the coming days. Percent R is at 25.62%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
