Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Waste Management, Inc shares valued at $4,303,896 were sold by Morris John J on Mar 07 ’25. At $224.71 per share, Morris John J sold 19,153 shares. The insider’s holdings dropped to 85,257 shares worth approximately $20.0 million following the completion of this transaction.
Also, Carroll John A. sold 1,251 shares, netting a total of over 282,626 in proceeds. Following the sale of shares at $225.92 each, the insider now holds 8,420 shares.
Before that, Carroll John A. had added 1,251 shares to its account. In a trade valued at $282,626, the Officer bought Waste Management, Inc shares for $225.92 each.
As published in a research note from Scotiabank on January 27, 2025, Waste Management, Inc [WM] has been rated up from a Sector perform to a Sector outperform and the price target has been revised to $250 from $225. Analysts at Scotiabank started covering the stock with ‘”a Sector perform”‘ outlook in a report released in early October. As of October 03, 2024, William Blair has initiated its “an Outperform” rating for WM. Earlier on May 22, 2024, Deutsche Bank initiated its rating. Their recommendation was “a Buy” for WM stock.
Analyzing WM Stock Performance
During the last five days, there has been a surge of approximately 2.46%. Over the course of the year, Waste Management, Inc shares have jumped approximately 16.24%. Shares of the company reached a 52-week high of $235.81 on 03/03/25 and a 52-week low of $199.69 on 01/02/25. A 50-day SMA is recorded $225.54, while a 200-day SMA reached $214.77.
Support And Resistance Levels for Waste Management, Inc (WM)
According to the 24-hour chart, there is a support level at 231.73, which, if violated, would cause prices to drop to 228.91. In the upper region, resistance lies at 236.13. The next price resistance is at 237.71. RSI (Relative Strength Index) is 65.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.92, which suggests the price will increase in the coming days. Percent R is at 2.32%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
