Steven R. Carn Sells 18,666 Shares of Advanced Disposal Services Inc (ADSW) Stock

Advanced Disposal Services Inc (NYSE:ADSW) insider Steven R. Carn sold 18,666 shares of the stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $23.53, for a total transaction of $439,210.98. Following the transaction, the insider now directly owns 139,071 shares in the company, valued at approximately $3,272,340.63. The transaction was disclosed in a filing with the SEC, which is available through this link.

Advanced Disposal Services Inc (NYSE ADSW) traded up $0.18 on Wednesday, hitting $23.63. 338,505 shares of the company were exchanged, compared to its average volume of 401,350. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 2.25. Advanced Disposal Services Inc has a 12 month low of $20.94 and a 12 month high of $25.71. The firm has a market cap of $2,090.00 and a price-to-earnings ratio of -84.39.

Advanced Disposal Services (NYSE:ADSW) last posted its earnings results on Wednesday, November 1st. The company reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.01). Advanced Disposal Services had a positive return on equity of 5.84% and a negative net margin of 1.61%. The business had revenue of $392.70 million during the quarter, compared to analyst estimates of $383.11 million. During the same quarter in the prior year, the company earned $0.06 EPS. The company’s revenue was up 8.9% on a year-over-year basis. sell-side analysts predict that Advanced Disposal Services Inc will post 0.5 earnings per share for the current fiscal year.

A number of large investors have recently bought and sold shares of ADSW. SG Americas Securities LLC purchased a new stake in Advanced Disposal Services in the 3rd quarter valued at about $119,000. Legal & General Group Plc increased its stake in Advanced Disposal Services by 14.1% in the 2nd quarter. Legal & General Group Plc now owns 6,426 shares of the company’s stock valued at $146,000 after buying an additional 795 shares during the last quarter. Parametric Portfolio Associates LLC purchased a new stake in Advanced Disposal Services in the 2nd quarter valued at about $220,000. Voya Investment Management LLC purchased a new stake in Advanced Disposal Services in the 2nd quarter valued at about $238,000. Finally, Convergence Investment Partners LLC purchased a new stake in Advanced Disposal Services in the 3rd quarter valued at about $349,000. Hedge funds and other institutional investors own 96.54% of the company’s stock.

ADSW has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research report on Tuesday, December 5th. KeyCorp initiated coverage on shares of Advanced Disposal Services in a research report on Thursday, November 30th. They set a “sector weight” rating on the stock. Stifel Nicolaus raised shares of Advanced Disposal Services from a “hold” rating to a “buy” rating and increased their price objective for the stock from $26.00 to $28.00 in a research report on Monday, December 11th. BidaskClub raised shares of Advanced Disposal Services from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Finally, Credit Suisse Group cut their price objective on shares of Advanced Disposal Services from $28.00 to $27.00 and set an “outperform” rating on the stock in a research report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $26.38.

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Advanced Disposal Services Company Profile

Advanced Disposal Services, Inc is an integrated provider of non-hazardous solid waste collection, transfer, recycling and disposal services operating primarily in secondary markets or under exclusive arrangements. The Company’s segments include South, East, Midwest and Corporate. As of December 31, 2016, the Company had its presence in 16 states across the Midwest, South and East regions of the United States, as well as in the Commonwealth of the Bahamas, served approximately 2.7 million residential customers and over 200,000 commercial and industrial (C&I) customers through its network of 90 collection operations, 72 transfer stations, 21 owned or operated recycling facilities and 39 owned or operated active landfills.

Insider Buying and Selling by Quarter for Advanced Disposal Services (NYSE:ADSW)

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