Casella Waste Systems, Inc. (NASDAQ:CWST) Director Michael K. Burke sold 31,500 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $17.93, for a total transaction of $564,795.00. Following the completion of the transaction, the director now owns 116,514 shares of the company’s stock, valued at $2,089,096.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Casella Waste Systems, Inc. (NASDAQ:CWST) opened at 17.55 on Thursday. The company’s market capitalization is $737.73 million. The stock has a 50 day moving average of $16.80 and a 200-day moving average of $15.37. Casella Waste Systems, Inc. has a 52-week low of $8.87 and a 52-week high of $18.38.

Casella Waste Systems (NASDAQ:CWST) last released its earnings results on Wednesday, August 2nd. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.02. The company had revenue of $154.02 million during the quarter, compared to analyst estimates of $149.88 million. Casella Waste Systems had a negative net margin of 10.01% and a negative return on equity of 60.26%. The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.12 EPS. On average, equities research analysts anticipate that Casella Waste Systems, Inc. will post $0.61 earnings per share for the current fiscal year.

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A number of institutional investors and hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC grew its holdings in Casella Waste Systems by 13.9% during the 2nd quarter. Renaissance Technologies LLC now owns 2,644,942 shares of the industrial products company’s stock valued at $43,403,000 after buying an additional 322,600 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Casella Waste Systems by 5.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,016,385 shares of the industrial products company’s stock valued at $33,089,000 after buying an additional 108,350 shares in the last quarter. Vanguard Group Inc. grew its holdings in Casella Waste Systems by 7.4% during the 2nd quarter. Vanguard Group Inc. now owns 1,667,852 shares of the industrial products company’s stock valued at $27,369,000 after buying an additional 115,130 shares in the last quarter. Macquarie Group Ltd. grew its holdings in Casella Waste Systems by 140.9% during the 2nd quarter. Macquarie Group Ltd. now owns 1,024,544 shares of the industrial products company’s stock valued at $16,813,000 after buying an additional 599,264 shares in the last quarter. Finally, Walthausen & Co. LLC grew its holdings in Casella Waste Systems by 8.2% during the 1st quarter. Walthausen & Co. LLC now owns 983,490 shares of the industrial products company’s stock valued at $13,877,000 after buying an additional 74,330 shares in the last quarter. 77.40% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Casella Waste Systems from a “sell” rating to a “hold” rating and set a $18.00 price objective for the company in a research report on Friday, August 4th. Stifel Nicolaus restated a “buy” rating and issued a $19.00 price objective on shares of Casella Waste Systems in a research report on Friday, July 28th. BidaskClub upgraded shares of Casella Waste Systems from a “hold” rating to a “buy” rating in a research report on Thursday, August 24th. Finally, Barclays PLC assumed coverage on shares of Casella Waste Systems in a research report on Friday, June 23rd. They issued an “overweight” rating and a $19.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $16.83.

Casella Waste Systems Company Profile

Casella Waste Systems, Inc is a solid waste services company. The Company provides resource management services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services. It manages its solid waste operations on a geographic basis through two regional operating segments: Eastern and Western regions, each of which provides a range of solid waste services, and its recycling and commodity brokerage operations through its Recycling segment.

Insider Buying and Selling by Quarter for Casella Waste Systems (NASDAQ:CWST)

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