New insider activity at Casella Waste ( (CWST) ) has taken place on March 4, 2025.
Several top executives at Casella Waste have recently sold shares of the company’s stock. CEO John Casella led the transactions by selling 13,577 shares, netting $1,546,148. President Edmond Coletta followed with the sale of 5,206 shares, amounting to $592,182. SVP & GC Shelley E. Sayward sold 1,938 shares for $219,672, while Sr VP & COO of SW Ops Sean Steves sold 495 shares, bringing in $56,177. SR VP of Sustainable Growth Paul Ligon sold 487 shares for $55,191, and VP & CAO Kevin Drohan sold 1,136 shares, totaling $128,913.
Recent Updates on CWST stock
In the last 24 hours, Casella Waste Systems has seen significant developments following its Q4 earnings report. Stifel raised its price target for Casella Waste, citing expectations of continued double-digit growth in FY25 driven by the roll-over impact of FY24 deals, $40 million in annualized revenues from recent acquisitions, and stable organic growth. The company reported a robust 18.9% increase in Q4 revenues and a 23.1% rise for the fiscal year 2024, supported by strategic acquisitions and higher recycling commodity volumes. Despite a decline in net income, adjusted net income increased by 8.7%. Casella’s aggressive acquisition strategy, with eight businesses acquired in 2024 and three more in early 2025, is expected to enhance its market footprint. However, challenges such as declining landfill revenues and increased technology costs were acknowledged. The company remains optimistic about its growth prospects, projecting FY25 revenues between $1.775 billion and $1.805 billion, and plans to leverage strong pricing and operational efficiencies to overcome market pressures.
More about Casella Waste
YTD Price Performance: 7.50%
Average Trading Volume: 323,958
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.1B