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

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 value of C$72,879.00. Following the sale, the insider owned 3,950 shares in the company, valued at C$959,573.50. This trade represents a 7.06% decrease in their ownership of the stock.

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 shares were 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 stock was 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 stock was sold at an average price of C$210.44, for a total value of C$70,918.28.

Waste Connections Price Performance

WCN traded up C$1.81 during trading on Friday, hitting C$234.84. The company’s stock had a trading volume of 420,949 shares, compared to its average volume of 374,806. 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 twelve month low of C$203.46 and a twelve month high of C$264.03. The business’s fifty day simple moving average is C$228.50 and its 200 day simple moving average is C$225.83. The firm has a market capitalization of C$59.19 billion, a price-to-earnings ratio of 56.72, a P/E/G ratio of 2.22 and a beta of 0.43.

About Waste Connections

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.