Today, the President & COO of Casella Waste (CWST), Edwin Johnson, bought shares of CWST for $347.2K.
Following this transaction Edwin Johnson’s holding in the company was increased by 27.67% to a total of $12.77 million. In addition to Edwin Johnson, 6 other CWST executives reported Buy trades in the last month.
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Based on Casella Waste’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $164 million and GAAP net loss of $1.71 million. In comparison, last year the company earned revenue of $147 million and had a GAAP net loss of $3.91 million. CWST’s market cap is $1.78B and the company has a P/E ratio of 199.47. Currently, Casella Waste has an average volume of 167.6K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $39.67, reflecting a 4.4% upside.
In the last 30 days, insiders have sold $10.95M worth of CWST shares and purchased $1.93M worth of CWST shares. The insider sentiment on Casella Waste has been negative according to 72 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Casella Waste Systems, Inc. is a solid waste services company, which engages in the provision of resource management and services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection, transfer, disposal, recycling and organics services.
