Republic Services, Inc. (RSG) Files Form 4 Insider Selling : Charles F Serianni Sells 9,500 Shares

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Republic Services, Inc. (RSG): Charles F Serianni , EVP Chief Financial Officer of Republic Services, Inc. sold 9,500 shares on Feb 24, 2017. The Insider selling transaction was reported by the company on Feb 24, 2017 to the Securities and Exchange Commission. The shares were sold at $61.43 per share for a total value of $583,626.81 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 24, 2017, Donald W Slager (President and CEO) sold 112,500 shares at $61.55 per share price.On Feb 22, 2017, Jeffrey A Hughes (EVP Chief Administrative Offic) sold 22,895 shares at $60.50 per share price.Also, On Feb 22, 2017, Ramon A Rodriguez (director) sold 8,196 shares at $61.26 per share price.On Jul 5, 2016, Brian A Goebel (CAO) sold 1,695 shares at $52.10 per share price.

Republic Services: On Wednesday, Feb 22, 2017 heightened volatility was witnessed in Republic Services which led to swings in the share price. The shares opened for trading at $61.35 and hit $61.72 on the upside , eventually ending the session at $61.68, with a gain of 0.75% or 0.46 points. The heightened volatility saw the trading volume jump to 14,02,102 shares. The 52-week high of the share price is $61.72 and the company has a market cap of $20,917 M . The 52-week low of the share price is at $45.31.

Republic Services Money Flow Index Chart

Company has been under the radar of several Street Analysts.Republic Services is Reiterated by Wedbush to Neutral and the brokerage firm has raised the Price Target to $ 62 from a previous price target of $61 .The Rating was issued on Feb 21, 2017.Republic Services is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 64 from a previous price target of $60 .The Rating was issued on Feb 13, 2017.

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.

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Strephen Kauffman

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