Today it was reported that the Senior Vice-President & Chief Information Officer of Waste Connections (WCN), Eric Olin Hansen, exercised options to sell 1,238 WCN shares for a total transaction value of $123.6K.
This recent transaction decreases Eric Olin Hansen’s holding in the company by 33% to a total of $756K. In addition to Eric Olin Hansen, 32 other WCN executives reported Sell trades in the last month.
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Based on Waste Connections’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.4 billion and quarterly net profit of $131 million. In comparison, last year the company earned revenue of $1.36 billion and had a net profit of $133 million. The company has a one-year high of $111.04 and a one-year low of $70.87. Currently, Waste Connections has an average volume of 331.89K.
Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $118.80, reflecting a -18.1% downside.
The insider sentiment on Waste Connections has been negative according to 124 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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Waste Connections, Inc. engages in the provision of solid waste services. Its services include waste collection, transfer, disposal, treatment and recycling. It also provides non-hazardous exploration and production, waste treatment, recovery and disposal services. The company was founded by Ronald J. Mittelstaedt on September 9, 1997 and is headquartered in Vaughan, Canada.