John Casella Sells 963 Shares of Casella Waste Systems (NASDAQ:CWST) Stock

Casella Waste Systems, Inc. (NASDAQ:CWST) Director John Casella sold 963 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $90.06, for a total value of $86,727.78. Following the completion of the sale, the director owned 32,539 shares in the company, valued at approximately $2,930,462.34. This represents a 2.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Casella Waste Systems Stock Down 0.0%

Shares of NASDAQ CWST opened at $88.44 on Wednesday. The business has a 50-day moving average of $99.29 and a two-hundred day moving average of $95.21. The company has a market capitalization of $5.62 billion, a price-to-earnings ratio of 737.06 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 has a debt-to-equity ratio of 0.72, a current ratio of 1.26 and a quick ratio of 1.26.

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 return on equity of 5.17% and a net margin of 0.43%.The business had revenue of $469.06 million for the quarter, compared to the consensus estimate of $471.32 million. During the same quarter in the prior year, the business posted $0.41 EPS. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. On average, analysts forecast that Casella Waste Systems, Inc. will post 1.16 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Casella Waste Systems

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pictet Asset Management Holding SA boosted its holdings in shares of Casella Waste Systems by 10,865.8% in the fourth quarter. Pictet Asset Management Holding SA now owns 990,651 shares of the industrial products company’s stock valued at $97,040,000 after acquiring an additional 981,617 shares during the period. State Street Corp grew its position in shares of Casella Waste Systems by 60.7% during the fourth quarter. State Street Corp now owns 2,306,780 shares of the industrial products company’s stock worth $225,926,000 after acquiring an additional 871,761 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of Casella Waste Systems by 1,106.7% in the 2nd quarter. Alliancebernstein L.P. now owns 867,285 shares of the industrial products company’s stock valued at $100,067,000 after acquiring an additional 795,414 shares during the period. UBS Group AG increased its holdings in shares of Casella Waste Systems by 653.2% in the 4th quarter. UBS Group AG now owns 841,897 shares of the industrial products company’s stock valued at $82,455,000 after acquiring an additional 730,128 shares during the period. Finally, Vanguard Group Inc. raised its position in Casella Waste Systems by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 6,574,893 shares of the industrial products company’s stock valued at $643,945,000 after purchasing an additional 581,310 shares during the last quarter. Hedge funds and other institutional investors own 99.51% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on CWST. Jefferies Financial Group set a $120.00 price objective on shares of Casella Waste Systems and gave the stock a “buy” rating in a report on Tuesday, January 6th. Zacks Research upgraded shares of Casella Waste Systems from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. Barclays lifted their price target on shares of Casella Waste Systems from $95.00 to $101.00 and gave the stock an “equal weight” rating in a research note on Monday, February 23rd. Raymond James Financial reissued a “strong-buy” rating and issued a $115.00 price target on shares of Casella Waste Systems in a research report on Monday, February 23rd. Finally, UBS Group decreased their price objective on shares of Casella Waste Systems from $140.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday, March 10th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.11.

Key Headlines Impacting Casella Waste Systems

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.