Casella Waste Systems (NASDAQ:CWST) CFO Sells $19,250.40 in Stock

by · The Markets Daily

Casella Waste Systems, Inc. (NASDAQ:CWST – Get Free Report) CFO Bradford Helgeson sold 195 shares of the stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $98.72, for a total transaction of $19,250.40. Following the completion of the transaction, the chief financial officer directly owned 7,147 shares of the company’s stock, valued at approximately $705,551.84. The trade was a 2.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 Trading Down 6.1%

NASDAQ CWST traded down $6.02 during trading hours on Tuesday, hitting $93.00. 1,456,309 shares of the company were exchanged, compared to its average volume of 709,152. The stock has a 50-day moving average price of $89.34 and a 200 day moving average price of $90.07. 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. The stock has a market cap of $5.92 billion, a PE ratio of 1,033.45 and a beta of 0.71.

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

Casella Waste Systems News Summary

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 Investors Weigh In On Casella Waste Systems

Several hedge funds and other institutional investors have recently modified their holdings of CWST. Wasatch Advisors LP lifted its stake in shares of Casella Waste Systems by 36.8% during the 2nd quarter. Wasatch Advisors LP now owns 3,531,594 shares of the industrial products company’s stock worth $342,459,000 after acquiring an additional 949,374 shares during the last quarter. Wellington Management Group LLP grew its position in Casella Waste Systems by 6.6% in the 2nd quarter. Wellington Management Group LLP now owns 1,292,101 shares of the industrial products company’s stock valued at $125,295,000 after acquiring an additional 80,299 shares during the last quarter. Voya Investment Management LLC grew its position in Casella Waste Systems by 50.0% in the 3rd quarter. Voya Investment Management LLC now owns 1,109,458 shares of the industrial products company’s stock valued at $89,145,000 after acquiring an additional 369,806 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Casella Waste Systems by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,067,132 shares of the industrial products company’s stock worth $84,663,000 after purchasing an additional 31,471 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in Casella Waste Systems by 3.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 721,890 shares of the industrial products company’s stock worth $58,863,000 after purchasing an additional 22,270 shares during the period. 99.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CWST. Barclays raised their price target on Casella Waste Systems from $102.00 to $104.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. JPMorgan Chase & Co. boosted their price objective on shares of Casella Waste Systems from $91.00 to $99.00 and gave the company a “neutral” rating in a research report on Wednesday, October 21st. Weiss Ratings downgraded shares of Casella Waste Systems from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, October 30th. Raymond James Financial restated a “strong-buy” rating and issued a $106.00 target price on shares of Casella Waste Systems in a report on Friday, October 9th. Finally, UBS Group cut shares of Casella Waste Systems from a “buy” rating to a “neutral” rating and dropped 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 given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $104.80.

Get Our Latest Stock Analysis on CWST

About Casella Waste Systems

(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.

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