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Waste Management (NYSE:WM) SVP Barry H. Caldwell sold 30,049 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $46.04, for a total value of $1,383,455.96. Following the transaction, the senior vice president now directly owns 27,403 shares in the company, valued at approximately $1,261,634. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Waste Management (NYSE:WM) traded up 0.15% during mid-day trading on Thursday, hitting $46.75. The stock had a trading volume of 160,303 shares. Waste Management has a one year low of $39.60 and a one year high of $46.70. The stock has a 50-day moving average of $44.82 and a 200-day moving average of $43.23. The company has a market cap of $21.804 billion and a price-to-earnings ratio of 176.15.

Waste Management (NYSE:WM) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.60 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.59 by $0.01. The company had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.61 billion. During the same quarter last year, the company posted $0.57 earnings per share. Waste Management’s revenue was up 1.0% compared to the same quarter last year. Analysts expect that Waste Management will post $2.36 EPS for the current fiscal year.

WM has been the subject of a number of recent research reports. Analysts at Imperial Capital raised their price target on shares of Waste Management from $50.00 to $51.00 in a research note on Thursday, July 31st. Separately, analysts at Macquarie reiterated an “outperform” rating on shares of Waste Management in a research note on Wednesday, July 30th. They now have a $53.00 price target on the stock, up previously from $50.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Waste Management in a research note on Wednesday, July 30th. They now have a $48.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $48.00.

Waste Management, Inc (NYSE:WM) is a provider of waste management services in North America.

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