Casella Waste Systems (NASDAQ:CWST) CFO Sells 195 Shares of Company Stock

Casella Waste Systems, Inc. (NASDAQ:CWST – Get Free Report) CFO Bradford Helgeson sold 195 shares of Casella Waste Systems stock in a transaction on Monday, November 9th. The shares were sold at an average price of $98.72, for a total transaction of $19,250.40. Following the transaction, the chief financial officer owned 7,147 shares in the company, valued at approximately $705,551.84. This trade represents a 2.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Casella Waste Systems Price Performance

Casella Waste Systems stock traded down $6.02 during mid-day trading on Tuesday, hitting $93.00. The stock had a trading volume of 1,456,309 shares, compared to its average volume of 709,152. Casella Waste Systems, Inc. has a one year low of $74.05 and a one year high of $107.96. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $5.92 billion, a P/E ratio of 1,033.45 and a beta of 0.71. The firm’s 50 day moving average is $89.34 and its 200 day moving average is $90.07.

Casella Waste Systems (NASDAQ:CWST – Get Free Report) last posted its quarterly earnings results on Monday, November 9th. The industrial products company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.07). Casella Waste Systems had a net margin of 0.29% and a return on equity of 5.32%. The business had revenue of $559.23 million for the quarter, compared to the consensus estimate of $563.17 million. During the same period in the prior year, the business earned $0.42 earnings per share. Casella Waste Systems’s revenue was up 15.2% compared to the same quarter last year. On average, sell-side analysts forecast that Casella Waste Systems, Inc. will post 1.22 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CWST. Raymond James Financial reiterated a “strong-buy” rating and set a $106.00 price objective on shares of Casella Waste Systems in a research report on Friday, October 9th. Barclays upped their target price 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. Weiss Ratings cut shares of Casella Waste Systems from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, October 30th. JPMorgan Chase & Co. lifted their price target on shares of Casella Waste Systems from $91.00 to $99.00 and gave the company a “neutral” rating in a report on Wednesday, October 21st. Finally, UBS Group cut shares of Casella Waste Systems from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $122.00 to $95.00 in a research note on Wednesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Casella Waste Systems currently has an average rating of “Moderate Buy” and an average price target of $104.80.

Read Our Latest Analysis on Casella Waste Systems

More Casella Waste Systems News

Here are the key news stories impacting Casella Waste Systems this week:

  • Positive Sentiment: BofA Securities raised its price target on CWST to $94 from $91, a modestly positive analyst update. BofA Securities Adjusts Price Target
  • Neutral Sentiment: Casella forecast approximately $2.1 billion in FY 2026 revenue, matching the consensus estimate rather than signaling a clear outlook surprise. Casella Updates FY 2026 Guidance
  • Negative Sentiment: Q3 adjusted earnings were $0.35 per share, below the $0.42 analyst consensus and down from $0.42 a year earlier. Revenue of $559.23 million also fell short of the $563.17 million estimate. Revenue still grew 15.2% year over year, but the earnings and sales misses weighed on sentiment. Casella Q3 2026 Results

Institutional Trading of Casella Waste Systems

Several hedge funds have recently modified their holdings of the company. Landscape Capital Management L.L.C. boosted its position in shares of Casella Waste Systems by 29.5% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 50,991 shares of the industrial products company’s stock valued at $4,097,000 after acquiring an additional 11,613 shares during the last quarter. Voya Investment Management LLC increased its position in Casella Waste Systems by 50.0% in the third quarter. Voya Investment Management LLC now owns 1,109,458 shares of the industrial products company’s stock worth $89,145,000 after purchasing an additional 369,806 shares during the last quarter. Public Sector Pension Investment Board increased its position in Casella Waste Systems by 152.1% in the third quarter. Public Sector Pension Investment Board now owns 542,455 shares of the industrial products company’s stock worth $46,337,000 after purchasing an additional 327,319 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its position in Casella Waste Systems by 135.4% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 36,480 shares of the industrial products company’s stock worth $2,931,000 after purchasing an additional 20,980 shares during the last quarter. Finally, Bessemer Group Inc. raised its stake in Casella Waste Systems by 82,237.2% during the third quarter. Bessemer Group Inc. now owns 245,365 shares of the industrial products company’s stock valued at $19,715,000 after purchasing an additional 245,067 shares in the last quarter. 99.51% of the stock is owned by hedge funds and other institutional investors.

Casella Waste Systems Company Profile

(Get Free Report)

Casella Waste Systems is a regional solid waste services company that provides collection, transfer, disposal, recycling and resource management services. Its customers include residential, commercial, municipal and industrial clients. The company operates primarily in the northeastern United States, with services across states including Vermont, New Hampshire, New York, Maine, Massachusetts, Connecticut and Pennsylvania. Its operations also include recycling and organics services designed to recover materials and manage waste.

Further Reading

Insider Buying and Selling by Quarter for Casella Waste Systems (NASDAQ:CWST)

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