Casella Waste Systems Inc (CWST) Files Form 4 Insider Selling : Christopher Heald Sells 2,365 Shares

Casella Waste Systems Inc (CWST): Christopher Heald , VP & Chief Accounting Officer of Casella Waste Systems Inc sold 2,365 shares on Jun 29, 2016. The Insider selling transaction was reported by the company on Jun 30, 2016 to the Securities and Exchange Commission. The shares were sold at $7.56 per share for a total value of $17,888.86 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 30, 2016, Edmond Coletta (Senior Vice President & CFO) sold 6,491 shares at $7.56 per share price.On Jun 30, 2016, Douglas R Casella (Vice Chairman, Bd of Directors) sold 5,806 shares at $7.56 per share price.Also, On Mar 8, 2016, Gregory B Peters (director) sold 4,500 shares at $6.87 per share price.On Nov 10, 2015, James E Oconnor (director) purchased 5,000 shares at $6.10 per share price.

Casella Waste Systems: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in Casella Waste Systems which led to swings in the share price. The shares opened for trading at $7.63 and hit $7.6899 on the upside , eventually ending the session at $7.61, with a gain of 0.93% or 0.07 points. The heightened volatility saw the trading volume jump to 1,08,667 shares. The 52-week high of the share price is $7.9 and the company has a market cap of $314 M . The 52-week low of the share price is at $4.97.

Casella Waste Systems Money Flow Index Chart

Company has been under the radar of several Street Analysts.Casella Waste Systems is Reiterated by First Analysis Sec to Overweight and the brokerage firm has raised the Price Target to $ 9 from a previous price target of $8 .The Rating was issued on Jun 17, 2016.Casella Waste Systems is Upgraded by Stifel to Buy and the brokerage firm has set the Price Target at $8.50. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on May 9, 2016.

Casella Waste Systems Inc. is a solid waste services company. The Company is engaged in the provision of 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. Its operating segments include Eastern and Western engaged in providing solid waste services; Recycling consisting of the Company’s recycling operations and commodity brokerage operations and Other including organic services ancillary operations and industrial services. It provides integrated solid waste services in six states: Vermont New Hampshire New York Massachusetts Maine and Pennsylvania. As of January 30 2015 the Company owned or operated 35 solid waste collection operations 44 transfer stations 18 recycling facilities nine Subtitle D landfills four landfill gas-to-energy facilities and one landfill permitted to accept construction and demolition materials.

Leave a Reply

Casella Waste Systems - Is it time to Sell?

Top Brokerage Firms are advising their investors on Casella Waste Systems. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.