Shares of Waste Management (WM) Sees Large Inflow of Net Money Flow

Waste Management (WM) : On Tuesday, The money flowed into the Waste Management (WM) stock with an uptick to downtick ratio was recorded at 1.14. Transactions worth $26.86 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $23.59 million. The total money flow into the stock was $3.27 million. The block trades reveal a bullish bias with an up-down ratio of 1.76. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $5.96 million of block transactions on upticks. The value of block trades on downticks was $3.39 million, indicating lower selling interest. The total money flow in block trades was $2.58 million. In terms of price action, Waste Management (WM) traded down $0.28 during the session at $67.43. Compared to the previous days closing, the stock was down only by -0.41%. For the week, the stock is -0.27%, over previous weeks closing.


The company Insiders own 0.42% of Waste Management shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.06% . Institutional Investors own 76.65% of Waste Management shares. During last six month period, the net percent change held by insiders has seen a change of -6.71%. In an insider trading activity, The officer (Sr. VP, Human Resources), of Waste Management Inc, Schwartz Mark E. had unloaded 001 shares at $60.76 per share in a transaction on May 20, 2016. The total value of transaction was $061. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Shares of Waste Management, Inc. rose by 0.6% in the last five trading days and 7.75% for the last 4 weeks. Waste Management, Inc. is up 18.73% in the last 3-month period. Year-to-Date the stock performance stands at 28.2%.

Waste Management (NYSE:WM): On Tuesdays trading session , Opening price of the stock was $67.99 with an intraday high of $68.18. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $67.29. However, the stock managed to close at $67.47, a loss of 0.35% for the day. On the previous day, the stock had closed at $67.71. The total traded volume of the day was 2,502,284 shares.

Waste Management, Inc. is a holding company. The Company, through its subsidiaries, provides waste management environmental services. The Companys Solid Waste business is operated and managed locally by its subsidiaries that focus on geographic areas and provides collection, transfer, recycling and resource recovery, and disposal services. The Company develops, operates and owns landfill gas-to-energy facilities in the United States. The Companys segments include Tier 1, which comprises areas in the Southern United States; Tier 2, which comprises areas located in the Midwest and Northeast United States, and Tier 3, which encompasses the remaining areas, including the Northwest and Mid-Atlantic regions of the United States and Eastern Canada. The Company owns or operates 252 landfill sites. It manages 298 transfer stations that consolidate, compact and transport waste.

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