Insiders at Casella Waste Systems (CWST) Make Significant Stock Sales Extends the Trend of Last Quarter

Thursday, March 01, 2018 10:15 PM ET

Insiders at Casella Waste Systems (CWST) Make Significant Stock Sales Extends the Trend of Last Quarter

There was a notable level of net share sales at Casella Waste Systems today, as disclosed in filings with the SEC. Six insiders listed below, sold 53,993 shares in the company having a market value of approximately $1,430,402. In the past 90 days prior to this transaction there was one insider buy/sell transaction which resulted in the sale of 15,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 68,993 shares and have averaged 9,856 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Casella Waste Systems is greater than its 17-company peer group average. The Waste Management, Disposal & Recycling Services peer group saw 6 buy/sell trades during this period for an average of 0.4 transactions per company. However, the number of shares traded per transaction by Casella Waste Systems insiders is lower than its peers. Within the peer group there were 0 shares purchased and 76,998 shares sold with company insiders having sold 12,833 shares on average over this time period.

The data used in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Today’s Insider Activity
* John W Casella, Director and Officer, sold 19,571 shares
* Douglas R Casella, Director and Officer, sold 6,978 shares
* David L Schmitt, Officer, sold 3,108 shares
* Edwin D Johnson, Officer, sold 10,919 shares
* Edmond Coletta, Officer, sold 10,534 shares
* Christopher Heald, Officer, sold 2,883 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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