In a filing, Waste Management, Inc revealed its EVP & Chief Operation Officer Morris John J unloaded Company’s shares for reported $5.55 million on May 02 ’25. In the deal valued at $233.32 per share,23,795 shares were sold. As a result of this transaction, Morris John J now holds 92,098 shares worth roughly $21.17 million.
Then, Morris John J bought 23,795 shares, generating $5,551,859 in total proceeds.
Before that, Morris John J sold 19,153 shares. Waste Management, Inc shares valued at $4,303,896 were divested by the EVP & Chief Operation Officer at a price of $224.71 per share. As a result of the transaction, Morris John J now holds 85,257 shares, worth roughly $19.6 million.
Seaport Research Partners initiated its Waste Management, Inc [WM] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who increased its forecast for the stock in late April from “a Hold” to “a Buy”. Scotiabank also remained covering WM and has increased its forecast on January 27, 2025 with a “Sector outperform” recommendation from previously “Sector perform” rating. Scotiabank started covering the stock on October 04, 2024. It rated WM as “a Sector perform”.
Price Performance Review of WM
On Friday, Waste Management, Inc [NYSE:WM] saw its stock jump 0.81% to $229.87. Over the last five days, the stock has lost -1.24%. Waste Management, Inc shares have risen nearly 13.92% since the year began. Nevertheless, the stocks have risen 9.53% over the past one year. While a 52-week high of $239.32 was reached on 04/03/25, a 52-week low of $196.59 was recorded on 01/02/25. SMA at 50 days reached $228.55, while 200 days put it at $217.48.
Levels Of Support And Resistance For WM Stock
The 24-hour chart illustrates a support level at 228.18, which if violated will result in even more drops to 226.50. On the upside, there is a resistance level at 230.73. A further resistance level may holdings at 231.60. The Relative Strength Index (RSI) on the 14-day chart is 51.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.62%. Stochastics %K at 39.88% indicates the stock is a holding.
The most recent change occurred on October 03, 2024 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating .
