Edmond Coletta Sells 988 Shares of Casella Waste Systems (NASDAQ:CWST) Stock

Casella Waste Systems, Inc. (NASDAQ:CWST) CEO Edmond Coletta sold 988 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $87.81, for a total transaction of $86,756.28. Following the sale, the chief executive officer directly owned 152,618 shares of the company’s stock, valued at $13,401,386.58. The trade was a 0.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Edmond Coletta also recently made the following trade(s):

• On Thursday, March 12th, Edmond Coletta sold 377 shares of Casella Waste Systems stock. The stock was sold at an average price of $89.80, for a total transaction of $33,854.60.
• On Friday, February 27th, Edmond Coletta sold 3,812 shares of Casella Waste Systems stock. The stock was sold at an average price of $93.70, for a total transaction of $357,184.40.

Casella Waste Systems Stock Performance

CWST opened at $88.44 on Wednesday. Casella Waste Systems, Inc. has a twelve month low of $82.22 and a twelve month high of $121.24. The firm has a market capitalization of $5.62 billion, a PE ratio of 737.06 and a beta of 0.80. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.72. The firm’s 50-day moving average price is $99.29 and its 200 day moving average price is $95.21.

Casella Waste Systems (NASDAQ:CWST) last released its quarterly earnings data on Thursday, February 19th. The industrial products company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.08. Casella Waste Systems had a net margin of 0.43% and a return on equity of 5.17%. The company had revenue of $469.06 million during the quarter, compared to the consensus estimate of $471.32 million. During the same quarter in the prior year, the firm earned $0.41 EPS. Casella Waste Systems’s quarterly revenue was up 9.7% on a year-over-year basis. As a group, sell-side analysts expect that Casella Waste Systems, Inc. will post 1.16 EPS for the current fiscal year.

Institutional Trading of Casella Waste Systems

Institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its holdings in Casella Waste Systems by 41.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 337 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 98 shares during the last quarter. Mackenzie Financial Corp increased its stake in Casella Waste Systems by 3.9% during the third quarter. Mackenzie Financial Corp now owns 3,975 shares of the industrial products company’s stock worth $377,000 after acquiring an additional 149 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake in Casella Waste Systems by 5.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 3,115 shares of the industrial products company’s stock worth $359,000 after acquiring an additional 158 shares during the last quarter. First Horizon Corp raised its position in Casella Waste Systems by 48.6% in the fourth quarter. First Horizon Corp now owns 489 shares of the industrial products company’s stock valued at $48,000 after purchasing an additional 160 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in Casella Waste Systems by 301.6% in the first quarter. Geneos Wealth Management Inc. now owns 245 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 184 shares during the period. Hedge funds and other institutional investors own 99.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on CWST shares. JPMorgan Chase & Co. reduced their price objective on Casella Waste Systems from $112.00 to $110.00 and set a “neutral” rating on the stock in a research report on Monday, February 23rd. Barclays upped their target price on Casella Waste Systems from $95.00 to $101.00 and gave the company an “equal weight” rating in a report on Monday, February 23rd. Jefferies Financial Group set a $120.00 target price on Casella Waste Systems and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Raymond James Financial reiterated a “strong-buy” rating and set a $115.00 price target on shares of Casella Waste Systems in a report on Monday, February 23rd. Finally, Weiss Ratings cut shares of Casella Waste Systems from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, February 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $113.11.

Casella Waste Systems News Summary

Here are the key news stories impacting Casella Waste Systems this week:

• Positive Sentiment: Casella hired an industry executive as Chief Revenue Officer, signaling an explicit push on commercial execution and top‑line growth that could boost future revenue. Casella Waste Systems, Inc. Announces Hiring of Industry Executive as Chief Revenue Officer
• Neutral Sentiment: CEO Edmond Coletta completed small open‑market sales (377 shares on Mar 12 at ~$89.80 and 988 shares on Mar 16 at ~$87.81). These represent fractional reductions of his stake and may be routine liquidity/portfolio management rather than a signal of firm fundamentals. SEC Form 4 — CEO Sales
• Neutral Sentiment: Chief Accounting Officer Kevin Drohan reported modest sales (85 shares on Mar 16 and 55 shares on Mar 12); amounts and percentages are small and likely routine. SEC Form 4 — CAO Sales
• Negative Sentiment: Director John W. Casella sold larger blocks (1,744 shares on Mar 16 and 963 shares on Mar 12), reducing his holdings by 2.9–5.4% in those transactions — insider director sales of this size can negatively affect investor sentiment. SEC Form 4 — Director Sales
• Negative Sentiment: CFO Bradford John Helgeson sold 405 shares on Mar 16 (≈5.2% reduction of his stake). Sales by senior finance officers may raise more investor questions about timing or personal liquidity needs. SEC Form 4 — CFO Sale

About Casella Waste Systems

Casella Waste Systems, Inc is a regional resource management company headquartered in Rutland, Vermont. Established in 1975, the company has grown from a single-truck operation into a multi-state provider of integrated waste management solutions. Casella offers a comprehensive range of services, including residential, commercial and industrial waste collection, transfer station operations, landfill disposal, recycling processing and organics management.

Through a network of solid waste transfer stations, recycling facilities and landfills, Casella serves communities primarily across the northeastern United States and parts of the mid-Atlantic region.