Insider Selling: Waste Connections (TSE:WCN) Insider Sells 300 Shares

Waste Connections, Inc. (TSE:WCN) insider Robert Andres Nielsen sold 300 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of C$242.93, for a total transaction of C$72,879.00. Following the transaction, the insider directly owned 3,950 shares in the company, valued at C$959,573.50. This trade represents a 7.06% decrease in their position.

Robert Andres Nielsen also recently made the following trade(s):

• On Wednesday, May 13th, Robert Andres Nielsen sold 290 shares of Waste Connections stock. The stock was sold at an average price of C$207.69, for a total value of C$60,230.10.
• On Thursday, May 14th, Robert Andres Nielsen sold 500 shares of Waste Connections stock. The shares were sold at an average price of C$213.96, for a total value of C$106,980.00.
• On Tuesday, May 12th, Robert Andres Nielsen sold 337 shares of Waste Connections stock. The shares were sold at an average price of C$210.44, for a total value of C$70,918.28.

Waste Connections Stock Up 0.8%

Shares of TSE:WCN traded up C$1.81 on Friday, reaching C$234.84. The company had a trading volume of 420,949 shares, compared to its average volume of 374,806. The firm has a market capitalization of C$59.19 billion, a PE ratio of 56.72, a PEG ratio of 2.22 and a beta of 0.43. The company has a current ratio of 0.66, a quick ratio of 0.74 and a debt-to-equity ratio of 121.68. Waste Connections, Inc. has a 52-week low of C$203.46 and a 52-week high of C$264.03. The firm’s 50 day simple moving average is C$228.50 and its 200-day simple moving average is C$225.83.

Waste Connections Company Profile

Waste Connections is the third- largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2020, 13% of consolidated revenue was generated from the firm’s Canadian segment.