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Waste Management Exec Cashes In on Stock Sale

Waste Management Exec Cashes In on Stock Sale

New insider activity at Waste Management ( (WM) ) has taken place on March 8, 2025.

Rafael Carrasco, the Senior Vice President of Enterprise Strategy at Waste Management, recently sold 928 shares of the company’s stock, amounting to a total transaction value of $212,539.

Recent Updates on WM stock

Waste Management (WM) has seen recent developments that have influenced its stock price and analyst ratings. CIBC analyst Kevin Chiang raised the price target for WM due to strong 2025 guidance from the company, which is seen as highly defensive. Additionally, Scotiabank and Citi also increased their price targets, reflecting confidence in the company’s future performance. However, the company faces challenges with integrating artificial intelligence, which poses risks related to compliance and competitive positioning. The CEO’s sale of $10.14 million in common stock and the granting of executive incentive awards tied to performance metrics further highlight the company’s strategic focus on aligning executive compensation with shareholder value. Overall, these factors contribute to a moderate buy consensus among analysts.

More about Waste Management

YTD Price Performance: 12.68%

Average Trading Volume: 1,698,066

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $92.64B

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Questions or Comments about the article? Write to editor@tipranks.com