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Casella Waste Systems (NASDAQ:CWST) COO Edwin D. Johnson bought 3,000 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were purchased at an average cost of $4.29 per share, for a total transaction of $12,870.00. Following the completion of the transaction, the chief operating officer now directly owns 198,977 shares of the company’s stock, valued at approximately $853,611. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Casella Waste Systems (NASDAQ:CWST) traded down 3.84% during mid-day trading on Wednesday, hitting $4.26. The stock had a trading volume of 134,536 shares. Casella Waste Systems has a 1-year low of $4.33 and a 1-year high of $6.20. The stock’s 50-day moving average is $4.8 and its 200-day moving average is $5.13. The company’s market cap is $172.3 million.

Casella Waste Systems (NASDAQ:CWST) last announced its earnings results on Wednesday, August 27th. The company reported ($0.01) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.01). The company had revenue of $141.40 million for the quarter, compared to the consensus estimate of $132.93 million. On average, analysts predict that Casella Waste Systems will post $-0.29 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Macquarie cut their price target on shares of Casella Waste Systems from $5.50 to $4.75 in a research note on Friday, August 29th. Separately, analysts at Raymond James reiterated a “market perform” rating on shares of Casella Waste Systems in a research note on Friday, August 29th. Finally, analysts at KeyCorp reiterated a “buy” rating on shares of Casella Waste Systems in a research note on Friday, August 29th. They now have a $7.50 price target on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $5.85.

Casella Waste Systems, Inc is a vertically integrated solid waste, recycling, and resource management services company.

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