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The Potential Rise in the Price of Waste Connections Inc (WCN) following insiders activity

In a filing, Waste Connections Inc revealed its EVP & COO CHAMBLISS DARRELL W unloaded Company’s shares for reported $2.55 million on Mar 10 ’25. In the deal valued at $188.30 per share,13,566 shares were sold. As a result of this transaction, CHAMBLISS DARRELL W now holds 95,000 shares worth roughly $17.85 million.

Then, DARRELL CHAMBLISS bought 13,566 shares, generating $2,554,478 in total proceeds.

Before that, PIO DOMENIC sold 10,000 shares. Waste Connections Inc shares valued at $1,926,358 were divested by the SR VP Operations at a price of $192.64 per share. As a result of the transaction, PIO DOMENIC now holds 6,394 shares, worth roughly $1.2 million.

Scotiabank initiated its Waste Connections Inc [WCN] rating to a Sector perform in a research note published on October 04, 2024; the price target was $196. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in late May with a ‘”a Buy”‘ rating. UBS revised its rating on February 29, 2024. It rated WCN as “a Neutral” which previously was an “a Buy”.

Price Performance Review of WCN

On Monday, Waste Connections Inc [NYSE:WCN] saw its stock jump 1.41% to $187.90. Over the last five days, the stock has gained 0.89%. Waste Connections Inc shares have risen nearly 9.51% since the year began. Nevertheless, the stocks have risen 10.65% over the past one year. While a 52-week high of $194.83 was reached on 03/03/25, a 52-week low of $160.34 was recorded on 01/03/25. SMA at 50 days reached $183.79, while 200 days put it at $180.63.

Levels Of Support And Resistance For WCN Stock

The 24-hour chart illustrates a support level at 185.63, which if violated will result in even more drops to 183.36. On the upside, there is a resistance level at 189.16. A further resistance level may holdings at 190.43. The Relative Strength Index (RSI) on the 14-day chart is 53.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.69%. Stochastics %K at 34.37% indicates the stock is a holding.

How much short interest is there in Waste Connections Inc?

A steep rise in short interest was recorded in Waste Connections Inc stocks on 2025-02-28, growing by 72966.0 shares to a total of 2.25 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.18 million shares. There was a rise of 3.24%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on November 27, 2023 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating .

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