Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Waste Connections Inc shares valued at $2,554,478 were sold by CHAMBLISS DARRELL W on Mar 10 ’25. At $188.30 per share, CHAMBLISS DARRELL W sold 13,566 shares. The insider’s holdings dropped to 95,000 shares worth approximately $18.42 million following the completion of this transaction.
Also, DARRELL CHAMBLISS purchased 13,566 shares, netting a total of over 2,554,478 in proceeds.
Before that, PIO DOMENIC had sold 10,000 shares from its account. In a trade valued at $1,926,358, the SR VP Operations traded Waste Connections Inc shares for $192.64 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $1.24 million.
As published in their initiating research note from Scotiabank on October 04, 2024, Waste Connections Inc [WCN] has been a Sector perform and the price target has been revised to $196. Analysts at Deutsche Bank started covering the stock with ‘”a Buy”‘ outlook in a report released in late May. Earlier on February 29, 2024, UBS downgraded its rating. Their new recommendation was “a Neutral” for WCN stock which previously was a “a Buy”.
Analyzing WCN Stock Performance
During the last five days, there has been a surge of approximately 2.13%. Over the course of the year, Waste Connections Inc shares have jumped approximately 13.01%. Shares of the company reached a 52-week high of $194.08 on 03/27/25 and a 52-week low of $169.36 on 01/03/25. A 50-day SMA is recorded $186.57, while a 200-day SMA reached $181.67.
Support And Resistance Levels for Waste Connections Inc (WCN)
According to the 24-hour chart, there is a support level at 192.39, which, if violated, would cause prices to drop to 190.86. In the upper region, resistance lies at 194.76. The next price resistance is at 195.60. RSI (Relative Strength Index) is 63.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.50, which suggests the price will increase in the coming days. Percent R is at 1.33%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
