London Co. of Virginia Sells 24,071 Shares of Casella Waste Systems, Inc. $CWST

London Co. of Virginia trimmed its holdings in shares of Casella Waste Systems, Inc. (NASDAQ:CWST) by 3.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 625,428 shares of the industrial products company’s stock after selling 24,071 shares during the quarter. London Co. of Virginia’s holdings in Casella Waste Systems were worth $59,341,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Campbell & CO Investment Adviser LLC bought a new position in Casella Waste Systems in the third quarter valued at approximately $2,707,000. Impax Asset Management Group plc increased its position in shares of Casella Waste Systems by 33.3% during the third quarter. Impax Asset Management Group plc now owns 80,000 shares of the industrial products company’s stock worth $7,590,000 after acquiring an additional 20,000 shares in the last quarter. UniSuper Management Pty Ltd increased its position in shares of Casella Waste Systems by 40.9% during the third quarter. UniSuper Management Pty Ltd now owns 102,003 shares of the industrial products company’s stock worth $9,678,000 after acquiring an additional 29,605 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of Casella Waste Systems by 14.3% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 81,417 shares of the industrial products company’s stock worth $7,725,000 after acquiring an additional 10,207 shares during the period. Finally, Voya Investment Management LLC raised its holdings in shares of Casella Waste Systems by 72.1% during the third quarter. Voya Investment Management LLC now owns 536,376 shares of the industrial products company’s stock worth $50,891,000 after acquiring an additional 224,691 shares during the period. 99.51% of the stock is currently owned by institutional investors and hedge funds.

Casella Waste Systems Price Performance

Shares of CWST opened at $88.46 on Tuesday. The company has a market cap of $5.62 billion, a price-to-earnings ratio of 737.23 and a beta of 0.80. Casella Waste Systems, Inc. has a 1-year low of $82.22 and a 1-year high of $121.24. The company’s fifty day simple moving average is $99.59 and its 200 day simple moving average is $95.29. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.72.

Casella Waste Systems (NASDAQ:CWST) last posted its quarterly earnings results on Thursday, February 19th. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.08. The firm had revenue of $469.06 million for the quarter, compared to analyst estimates of $471.32 million. Casella Waste Systems had a net margin of 0.43% and a return on equity of 5.17%. The company’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.41 earnings per share. On average, research analysts forecast that Casella Waste Systems, Inc. will post 1.16 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO Kevin Drohan sold 675 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $92.61, for a total value of $62,511.75. Following the sale, the chief accounting officer directly owned 7,462 shares of the company’s stock, valued at approximately $691,055.82. This represents a 8.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO John W. Casella sold 6,726 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $93.10, for a total transaction of $626,190.60. Following the completion of the sale, the chief executive officer owned 27,989 shares of the company’s stock, valued at $2,605,775.90. This trade represents a 19.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 15,830 shares of company stock valued at $1,454,208 over the last quarter. 3.81% of the stock is currently owned by company insiders.

Casella Waste Systems News Roundup

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

• Positive Sentiment: Company hired an industry executive as Chief Revenue Officer, a move that signals a renewed focus on top‑line growth and commercial execution — potentially positive for revenue acceleration. Casella Waste Systems, Inc. Announces Hiring of Industry Executive as Chief Revenue Officer
• Neutral Sentiment: CEO Edmond Coletta disclosed two small open‑market sales: 377 shares on Mar 12 (~$89.80 avg) and 988 shares on Mar 16 (~$87.81 avg). These represent fractional reductions in his holdings (0.24% and 0.64%) and are likely routine liquidity/portfolio management rather than a signal of material company‑level concerns. SEC Form 4 — CEO Sales
• Neutral Sentiment: Chief Accounting Officer Kevin Drohan reported two modest sales (85 shares on Mar 16 at ~$87.73 and 55 shares on Mar 12 at ~$89.52), reducing his stake by ~1% and under 1%, respectively — likely routine. SEC Form 4 — CAO Sales
• Negative Sentiment: Director John W. Casella executed larger sales: 1,744 shares on Mar 16 (~$87.77 avg, a 5.36% reduction) and 963 shares on Mar 12 (~$90.06 avg, a 2.87% reduction). Director sales of this magnitude can weigh on investor sentiment because they reduce an insider’s ownership stake more noticeably. SEC Form 4 — Director Sales
• Negative Sentiment: CFO Bradford John Helgeson sold 405 shares on Mar 16 at an average of ~$87.73, a reduction of ~5.23% of his holdings — a more sizable cut from a senior financial officer that may prompt investor questions about timing or motivation. SEC Form 4 — CFO Sale

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CWST. Jefferies Financial Group set a $120.00 target price on shares of Casella Waste Systems and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Barclays lifted their price target on Casella Waste Systems from $95.00 to $101.00 and gave the company an “equal weight” rating in a research note on Monday, February 23rd. Zacks Research upgraded Casella Waste Systems from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. JPMorgan Chase & Co. reduced their price objective on Casella Waste Systems from $112.00 to $110.00 and set a “neutral” rating for the company in a research report on Monday, February 23rd. Finally, Raymond James Financial reiterated a “strong-buy” rating and set a $115.00 price objective on shares of Casella Waste Systems in a report on Monday, February 23rd. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $113.11.

Casella Waste Systems Profile

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.