Casella Waste Systems, Inc. (NASDAQ:CWST) Director William P. Hulligan sold 20,000 shares of the stock in a transaction on Monday, August 7th. The shares were sold at an average price of $16.15, for a total transaction of $323,000.00. Following the completion of the sale, the director now directly owns 96,760 shares in the company, valued at approximately $1,562,674. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Casella Waste Systems, Inc. (CWST) traded down 0.50% on Tuesday, reaching $15.91. 230,685 shares of the company traded hands. The stock’s market capitalization is $665.21 million. The stock has a 50 day moving average of $16.63 and a 200-day moving average of $14.21. Casella Waste Systems, Inc. has a 1-year low of $8.75 and a 1-year high of $17.73.

Casella Waste Systems (NASDAQ:CWST) last announced its quarterly earnings results on Wednesday, August 2nd. The industrial products company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. The firm had revenue of $154.02 million for the quarter, compared to analysts’ expectations of $149.88 million. Casella Waste Systems had a negative net margin of 10.01% and a negative return on equity of 60.26%. The company’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 EPS. On average, equities analysts anticipate that Casella Waste Systems, Inc. will post $0.62 EPS for the current year.

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CWST has been the topic of several recent analyst reports. Stifel Nicolaus reissued a “buy” rating and issued a $16.00 target price on shares of Casella Waste Systems in a research note on Wednesday, July 19th. BidaskClub raised shares of Casella Waste Systems from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Zacks Investment Research downgraded shares of Casella Waste Systems from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 3rd. Barclays PLC initiated coverage on shares of Casella Waste Systems in a research note on Friday, June 23rd. They issued an “overweight” rating and a $19.00 target price on the stock. Finally, KeyCorp increased their target price on shares of Casella Waste Systems from $14.00 to $17.00 and gave the company an “overweight” rating in a research note on Thursday, May 11th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $16.83.

A number of hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC raised its stake in shares of Casella Waste Systems by 36.6% in the first quarter. Renaissance Technologies LLC now owns 2,322,342 shares of the industrial products company’s stock valued at $32,768,000 after buying an additional 622,381 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Casella Waste Systems by 6.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,908,035 shares of the industrial products company’s stock valued at $26,922,000 after buying an additional 118,141 shares during the period. Vanguard Group Inc. raised its stake in shares of Casella Waste Systems by 8.1% in the first quarter. Vanguard Group Inc. now owns 1,552,722 shares of the industrial products company’s stock valued at $21,910,000 after buying an additional 116,870 shares during the period. Walthausen & Co. LLC raised its stake in shares of Casella Waste Systems by 8.2% in the first quarter. Walthausen & Co. LLC now owns 983,490 shares of the industrial products company’s stock valued at $13,877,000 after buying an additional 74,330 shares during the period. Finally, Rutabaga Capital Management LLC MA raised its stake in shares of Casella Waste Systems by 1.9% in the first quarter. Rutabaga Capital Management LLC MA now owns 834,898 shares of the industrial products company’s stock valued at $11,780,000 after buying an additional 15,750 shares during the period. Hedge funds and other institutional investors own 75.46% of the company’s stock.

About Casella Waste Systems

Casella Waste Systems, Inc is a solid waste services company. The Company provides resource management services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services. It manages its solid waste operations on a geographic basis through two regional operating segments: Eastern and Western regions, each of which provides a range of solid waste services, and its recycling and commodity brokerage operations through its Recycling segment.

Insider Buying and Selling by Quarter for Casella Waste Systems (NASDAQ:CWST)

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