Republic Services, Inc’s recent filing unveils that its SVP Operations Richardson Larson unloaded Company’s shares for reported $0.53 million on Mar 03 ’25. In the deal valued at $239.07 per share,2,200 shares were sold. As a result of this transaction, Richardson Larson now holds 1,776 shares worth roughly $0.44 million.
Then, Richardson Larson bought 2,200 shares, generating $525,951 in total proceeds.
Before that, Brummer Gregg sold 6,293 shares. Republic Services, Inc shares valued at $1,436,060 were divested by the EVP, COO at a price of $228.20 per share. As a result of the transaction, Brummer Gregg now holds 10,416 shares, worth roughly $2.55 million.
CIBC upgraded its Republic Services, Inc [RSG] rating to a Sector outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in early January from “a Sector perform” to “an Outperform”. Deutsche Bank also remained covering RSG and has increased its forecast on December 10, 2024 with a “Buy” recommendation from previously “Hold” rating. BMO Capital Markets revised its rating on December 06, 2024. It rated RSG as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of RSG
On Tuesday, Republic Services, Inc [NYSE:RSG] saw its stock fall -0.23% to $245.00. Over the last five days, the stock has gained 7.83%. Republic Services, Inc shares have risen nearly 21.78% since the year began. Nevertheless, the stocks have risen 30.44% over the past one year. While a 52-week high of $249.73 was reached on 04/03/25, a 52-week low of $180.91 was recorded on 01/03/25. SMA at 50 days reached $233.56, while 200 days put it at $212.11.
Levels Of Support And Resistance For RSG Stock
The 24-hour chart illustrates a support level at 243.31, which if violated will result in even more drops to 241.61. On the upside, there is a resistance level at 246.97. A further resistance level may holdings at 248.93. The Relative Strength Index (RSI) on the 14-day chart is 59.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.47, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.48%. Stochastics %K at 80.85% indicates the stock is a selling.
How much short interest is there in Republic Services, Inc?
A steep rise in short interest was recorded in Republic Services, Inc stocks on 2025-03-31, growing by 96158.0 shares to a total of 2.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.18 million shares. There was a rise of 4.22%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 04, 2024 when Scotiabank began covering the stock and recommended ‘”a Sector perform”‘ rating along with a $224 price target.
