Waste Management, Inc’s recent filing unveils that its EVP & Chief Operation Officer Morris John J unloaded Company’s shares for reported $4.3 million on Mar 07 ’25. In the deal valued at $224.71 per share,19,153 shares were sold. As a result of this transaction, Morris John J now holds 85,257 shares worth roughly $19.17 million.
Then, Carroll John A. sold 1,251 shares, generating $282,626 in total proceeds. Upon selling the shares at $225.92, the VP & Chief Accounting Officer now owns 8,420 shares.
Before that, Carroll John A. bought 1,251 shares. Waste Management, Inc shares valued at $282,626 were divested by the Officer at a price of $225.92 per share.
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 Friday, Waste Management, Inc [NYSE:WM] saw its stock jump 0.74% to $224.86. Over the last five days, the stock has lost -2.04%. Waste Management, Inc shares have risen nearly 11.43% since the year began. Nevertheless, the stocks have risen 7.18% over the past one year. While a 52-week high of $235.81 was reached on 03/03/25, a 52-week low of $196.59 was recorded on 01/02/25. SMA at 50 days reached $219.72, while 200 days put it at $213.13.
Levels Of Support And Resistance For WM Stock
The 24-hour chart illustrates a support level at 222.27, which if violated will result in even more drops to 219.67. On the upside, there is a resistance level at 226.29. A further resistance level may holdings at 227.71. The Relative Strength Index (RSI) on the 14-day chart is 48.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.44%. Stochastics %K at 13.60% indicates the stock is a buying.
How much short interest is there in Waste Management, Inc?
A steep rise in short interest was recorded in Waste Management, Inc stocks on 2025-02-28, dropping by -0.47 million shares to a total of 3.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.95 million shares. There was a decline of -13.57%, which implies that there is a negative sentiment for the stock.
