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Waste Management Exec Makes a Significant Stock Move

Waste Management Exec Makes a Significant Stock Move

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

Rafael Carrasco, the Senior Vice President of Enterprise Strategy at Waste Management, has recently sold 4,000 shares of the company’s stock. This transaction was valued at a substantial $903,560.

Recent Updates on WM stock

In the past 24 hours, Waste Management has seen several analysts raising their price targets due to its strong Q4 results and optimistic 2025 outlook. Scotiabank raised its target, noting the company’s ability to meet expectations and raise synergy targets earlier than anticipated, despite volume headwinds. Argus increased its target, citing a strong balance sheet, acquisition growth strategy, and industry-leading recycling technology, alongside a recent dividend increase that signals confidence in future performance. Citi also raised its target, highlighting Waste Management’s robust Q4 performance. The company’s earnings call underscored significant EBITDA growth, sustainability initiatives, and successful integration of Stericycle, despite challenges such as industrial volume softness and anticipated lower recycling commodity prices in 2025. The company remains optimistic about continued operational efficiency and strategic growth.

More about Waste Management

YTD Price Performance: 12.16%

Average Trading Volume: 1,693,880

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $90.28B

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