Michael Burke Sells 1,100 Shares of Casella Waste Systems (NASDAQ:CWST) Stock

Posted by Brian Himes on Sep 5th, 2026

Casella Waste Systems, Inc. (NASDAQ:CWST – Get Free Report) Director Michael Burke sold 1,100 shares of the business’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $95.26, for a total value of $104,786.00. Following the completion of the sale, the director directly owned 13,641 shares of the company’s stock, valued at approximately $1,299,441.66. This represents a 7.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Casella Waste Systems Trading Down 2.5%

NASDAQ:CWST opened at $93.53 on Friday. The company has a market cap of $5.95 billion, a PE ratio of 1,039.34 and a beta of 0.74. The business’s 50 day moving average is $93.21 and its two-hundred day moving average is $88.84. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.84. Casella Waste Systems, Inc. has a 52 week low of $74.05 and a 52 week high of $107.96.

Casella Waste Systems (NASDAQ:CWST – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The industrial products company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.04. Casella Waste Systems had a return on equity of 5.32% and a net margin of 0.29%.The business had revenue of $543.75 million during the quarter, compared to the consensus estimate of $526.43 million. During the same period in the previous year, the business earned $0.36 EPS. The business’s quarterly revenue was up 16.9% on a year-over-year basis. On average, analysts predict that Casella Waste Systems, Inc. will post 1.24 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on CWST. TD Cowen reissued a “buy” rating on shares of Casella Waste Systems in a report on Friday, June 5th. JPMorgan Chase & Co. cut their target price on Casella Waste Systems from $110.00 to $105.00 and set a “neutral” rating on the stock in a research note on Monday, August 10th. Zacks Research raised shares of Casella Waste Systems from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 8th. Barclays upped their price target on shares of Casella Waste Systems from $102.00 to $104.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Finally, Weiss Ratings raised shares of Casella Waste Systems from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $109.75.

Read Our Latest Analysis on Casella Waste Systems

Institutional Trading of Casella Waste Systems

Several hedge funds have recently added to or reduced their stakes in CWST. California State Teachers Retirement System grew its stake in shares of Casella Waste Systems by 9,321.4% in the second quarter. California State Teachers Retirement System now owns 6,974,373 shares of the industrial products company’s stock worth $676,305,000 after purchasing an additional 6,900,346 shares in the last quarter. Wasatch Advisors LP grew its position in Casella Waste Systems by 1.5% in the 4th quarter. Wasatch Advisors LP now owns 3,765,442 shares of the industrial products company’s stock valued at $368,787,000 after buying an additional 56,914 shares in the last quarter. Conestoga Capital Advisors LLC increased its stake in Casella Waste Systems by 1.0% during the 1st quarter. Conestoga Capital Advisors LLC now owns 2,804,475 shares of the industrial products company’s stock valued at $222,507,000 after buying an additional 27,148 shares during the period. Invesco Ltd. raised its position in shares of Casella Waste Systems by 12.5% during the 4th quarter. Invesco Ltd. now owns 2,703,855 shares of the industrial products company’s stock worth $264,816,000 after buying an additional 300,102 shares in the last quarter. Finally, Capital Research Global Investors raised its position in shares of Casella Waste Systems by 23.7% during the 4th quarter. Capital Research Global Investors now owns 2,488,034 shares of the industrial products company’s stock worth $243,678,000 after buying an additional 477,216 shares in the last quarter. Institutional investors own 99.51% of the company’s stock.

About Casella Waste Systems

(Get Free Report)

Casella Waste Systems, Inc is a regional resource management company headquartered in Rutland, Vermont. Established in 1975, the company has grown from a single-truck operation into a multi-state provider of integrated waste management solutions. Casella offers a comprehensive range of services, including residential, commercial and industrial waste collection, transfer station operations, landfill disposal, recycling processing and organics management.

Through a network of solid waste transfer stations, recycling facilities and landfills, Casella serves communities primarily across the northeastern United States and parts of the mid-Atlantic region.