Republic Services, Inc. (RSG): Brian A Goebel , CAO of Republic Services, Inc. sold 3,780 shares on Jun 30, 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 $50.88 per share for a total value of $192,154.50 , 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 13, 2016, Michael P Rissman (EVP/Chief Legal Officer/Secret) sold 61,768 shares at $49.41 per share price.On May 16, 2016, Donald W Slager (President and CEO) sold 106,112 shares at $48.50 per share price.Also, On Mar 30, 2016, Jeffrey A Hughes (EVP Chief Administrative Offic) sold 7,545 shares at $48.21 per share price.On Mar 19, 2015, Charles F Serianni (EVP Chief Financial Officer) sold 14,260 shares at $42.00 per share price.
Republic Services: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in Republic Services which led to swings in the share price. The shares opened for trading at $49.78 and hit $50.29 on the upside , eventually ending the session at $50.24, with a gain of 1.54% or 0.76 points. The heightened volatility saw the trading volume jump to 14,01,000 shares. The 52-week high of the share price is $50.37 and the company has a market cap of $17,277 M . The 52-week low of the share price is at $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 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.