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Jefferies downgrades Casella Waste Systems, Inc (CWST) rating to a Hold

In a filing, Casella Waste Systems, Inc revealed its PRESIDENT Coletta Edmond unloaded Company’s shares for reported $0.57 million on Mar 13 ’25. In the deal valued at $104.92 per share,5,456 shares were sold. As a result of this transaction, Coletta Edmond now holds 155,655 shares worth roughly $16.19 million.

Then, Coletta Edmond sold 836 shares, generating $88,899 in total proceeds. Upon selling the shares at $106.34, the PRESIDENT now owns 161,111 shares.

Before that, CASELLA JOHN W sold 1,828 shares. Casella Waste Systems, Inc shares valued at $196,141 were divested by the CHIEF EXECUTIVE OFFICER at a price of $107.30 per share. As a result of the transaction, CASELLA JOHN W now holds 30,374 shares, worth roughly $3.16 million.

Jefferies downgraded its Casella Waste Systems, Inc [CWST] rating to a Hold from a a Buy in a research note published on January 23, 2025; the price target was decreased to $113 from $115. A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in early October with a ‘”an Outperform”‘ rating. Deutsche Bank began covering CWST with “Hold” recommendation on May 23, 2024. Wells Fargo started covering the stock on November 27, 2023. It rated CWST as “an Overweight”.

Price Performance Review of CWST

On Monday, Casella Waste Systems, Inc [NASDAQ:CWST] saw its stock fall -4.18% to $104.03. Over the last five days, the stock has lost -6.71%. Casella Waste Systems, Inc shares have fallen nearly -1.68% since the year began. Nevertheless, the stocks have risen 10.84% over the past one year. While a 52-week high of $116.31 was reached on 02/21/25, a 52-week low of $86.41 was recorded on 04/07/25. SMA at 50 days reached $110.00, while 200 days put it at $105.98.

Levels Of Support And Resistance For CWST Stock

The 24-hour chart illustrates a support level at 99.81, which if violated will result in even more drops to 95.59. On the upside, there is a resistance level at 109.59. A further resistance level may holdings at 115.15. The Relative Strength Index (RSI) on the 14-day chart is 37.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.83%. Stochastics %K at 46.38% indicates the stock is a holding.

How much short interest is there in Casella Waste Systems, Inc?

A steep rise in short interest was recorded in Casella Waste Systems, Inc stocks on 2025-03-14, growing by 0.18 million shares to a total of 1.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.67 million shares. There was a rise of 9.48%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on October 17, 2023 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $96 price target.

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