On November 4, 2024, Director William Hulligan sold 10,000 shares of Casella Waste Systems Inc (CWST, Financial) at a price of $99.82 per share, as reported in the SEC Filing. Following this transaction, the insider now owns 5,153 shares of the company.
Casella Waste Systems Inc, headquartered in Rutland, Vermont, operates as a regional, vertically integrated solid waste services company. The company provides resource management expertise and services to residential, commercial, municipal, and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services.
Over the past year, William Hulligan has engaged in multiple transactions involving the company's stock, selling a total of 10,000 shares and purchasing none. This recent sale continues a trend observed within the company, where there have been 15 insider sells and no insider buys over the past year.
On the valuation front, Casella Waste Systems Inc's shares were trading at $99.82 on the day of the sale, giving the company a market cap of approximately $6.45 billion. The price-earnings ratio stands at 848.50, significantly above both the industry median and the company's historical median.
The stock's GF Value is estimated at $105.46, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 0.95. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This insider activity and valuation metrics provide a snapshot of the financial landscape surrounding Casella Waste Systems Inc, offering stakeholders and potential investors a clearer understanding of the company's stock movements and market position.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
