Republic Services, Inc. (RSG): Michael P Rissman , EVP/Chief Legal Officer/Secret of Republic Services, Inc. sold 61,768 shares on Jun 10, 2016. The Insider selling transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were sold at $49.41 per share for a total value of $3,052,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, Donald W Slager (President and CEO) sold 106,112 shares at $48.50 per share price.On Mar 30, 2016, Jeffrey A Hughes (EVP Chief Administrative Offic) sold 7,545 shares at $48.21 per share price.Also, On Feb 19, 2016, Michael P Rissman (EVP/Chief Legal Officer/Secret) sold 10,626 shares at $45.30 per share price.On Mar 19, 2015, Charles F Serianni (EVP Chief Financial Officer) sold 14,260 shares at $42.00 per share price.
Shares of Republic Services (RSG) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.23 points or -0.46% at $49.57 with 12,84,731 shares getting traded. Post opening the session at $49.77, the shares hit an intraday low of $49.37 and an intraday high of $49.93 and the price vacillated in this range throughout the day. The company has a market cap of $17,047 M and the number of outstanding shares has been calculated to be 34,38,98,050 shares. The 52-week high of Republic Services is $49.93 and the 52-week low is $38.99.
Company has been under the radar of several Street Analysts.Republic Services is Upgraded by Barclays to Overweight and the brokerage firm has raised the Price Target to $ 52 from a previous price target of $45 .Earlier the firm had a rating of Equal Weight on the company shares. The Rating was issued on May 3, 2016.Republic Services is Reiterated by First Analysis Sec to Equal-Weight and the brokerage firm has raised the Price Target to $ 49 from a previous price target of $47 .The Rating was issued on Apr 7, 2016.Republic Services is Initiated by Sterne Agee CRT to Neutral. The Rating was issued on Mar 22, 2016.
Republic Services Inc. is a provider of services in the domestic non-hazardous solid waste services industry. The Company provides non-hazardous solid waste collection services for commercial industrial municipal and residential customers. The Company operates three geographic operating regions that are also its segments: East Central and West. Each region is organized into several areas and each area contains multiple business units or operating locations. The Company has approximately 340 collection operations owned or operated 198 transfer stations 189 active solid waste landfills and 60 recycling centers. It also operates approximately 72 landfill gas and renewable energy projects. The Company operates in 39 states and Puerto Rico. The Company provides collection transfer recycling and landfill services in all its regions.