The President & COO of Casella Waste (NASDAQ: CWST) is Buying Shares

By Carrie Williams

Today, the President & COO of Casella Waste (CWSTResearch Report), Edwin Johnson, bought shares of CWST for $31.99K.

Following Edwin Johnson’s last CWST Buy transaction on May 14, 2019, the stock climbed by 7.7%. In addition to Edwin Johnson, 8 other CWST executives reported Buy trades in the last month.

See today’s analyst top recommended stocks >>

Based on Casella Waste’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $187 million and quarterly net profit of $11.92 million. In comparison, last year the company earned revenue of $166 million and had a net profit of $1.7 million. CWST’s market cap is $2.17B and the company has a P/E ratio of 114.11. Currently, Casella Waste has an average volume of 219.7K.

In the last 30 days, insiders have sold $8.78M worth of CWST shares and purchased $144.2K worth of CWST shares. The insider sentiment on Casella Waste has been negative according to 74 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Casella Waste Systems, Inc. is a solid waste services company, which engages in the provision of 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.