The General Counsel & Senior VP of Casella Waste (NASDAQ: CWST) is Selling Shares

By Carrie Williams

Today, the General Counsel & Senior VP of Casella Waste (NASDAQ: CWST), David Schmitt, sold shares of CWST for $7,921.

In addition to David Schmitt, 8 other CWST executives reported Sell trades in the last month. Following David Schmitt’s last CWST Sell transaction on June 30, 2016, the stock climbed by 4.6%.

Based on Casella Waste’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $151 million and quarterly net profit of $7.54 million. In comparison, last year the company earned revenue of $146 million and had a net profit of $2.3 million. The company has a one year high of $12.64 and a one year low of $4.97. Currently, Casella Waste has an average volume of 255.4K.

The insider sentiment on Casella Waste has been neutral according to 24 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Casella Waste Systems, Inc. engages as a solid waste services company. It provides resource management expertise and services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection, transfer, disposal, recycling and organics services. The company operates through the following segments: Eastern Region, Western Region, and Recycling. The Eastern Region segment consists of wastesheds located in Maine, northern, central and southeastern New Hampshire and central and eastern Massachusetts. The Western Region segment includes wastesheds located in Vermont, southwestern New Hampshire and eastern and upstate New York. The Recycling segment acts as processors and marketers of recycled materials in the northeastern United States. Casella Waste Systems was founded in 1975 and is headquartered in Rutland, VT.