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

By Carrie Williams

Today, the General Counsel & SVP of Casella Waste (CWSTResearch Report), David Schmitt, sold shares of CWST for $703K.

In addition to David Schmitt, 5 other CWST executives reported Sell trades in the last month. Following David Schmitt’s last CWST Sell transaction on September 11, 2018, the stock climbed by 2.4%.

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Based on Casella Waste’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $175 million and GAAP net loss of $13.68 million. In comparison, last year the company earned revenue of $151 million and had a net profit of $20.02 million. CWST’s market cap is $1.49B and the company has a P/E ratio of 38.03. Currently, Casella Waste has an average volume of 252.6K.

The insider sentiment on Casella Waste has been negative according to 64 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

David Schmitt’s trades have generated a -19.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Casella Waste Systems, Inc. is a solid waste services company, which enagegs in the provision fo resource management and services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection, transfer, disposal, recycling and organics services. It operates through Recycling and Other segments.