Sean Steves, the Senior Vice President & Chief Operating Officer of SW Ops at Casella Waste Systems Inc (CWST, Financial), sold 1,418 shares of the company on November 12, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 5,802 shares of the company.
Casella Waste Systems Inc, headquartered in Rutland, Vermont, operates as a regional, vertically-integrated solid waste, recycling, and resource management services company. The company provides resource management expertise and services to residential, commercial, municipal, and industrial customers, primarily in the eastern United States.
Over the past year, Sean Steves has sold a total of 2,044 shares of Casella Waste Systems Inc and has not purchased any shares. The insider transaction history for the company shows a total of 20 insider sells and no insider buys over the past year.
Shares of Casella Waste Systems Inc were trading at $108.27 on the day of the sale, giving the company a market cap of approximately $6.814 billion. The price-earnings ratio of the company stands at 896.83, significantly above both the industry median of 20.44 and the company’s historical median.
The stock is considered Fairly Valued with a price-to-GF-Value ratio of 1.02, based on a GF Value of $105.77. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This recent insider sell might interest investors tracking insider behaviors as an indicator of potential future stock performance, particularly in the context of the company's valuation and stock trading metrics.
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.
