Insider Selling: Clean Harbors (NYSE:CLH) EVP Sells 3,540 Shares of Stock

Clean Harbors, Inc. (NYSE:CLHGet Free Report) EVP Sharon Gabriel sold 3,540 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $282.07, for a total transaction of $998,527.80. Following the completion of the transaction, the executive vice president owned 23,193 shares in the company, valued at $6,542,049.51. The trade was a 13.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Clean Harbors Trading Up 1.4%

Shares of Clean Harbors stock traded up $4.05 during trading on Friday, reaching $285.39. 469,805 shares of the stock were exchanged, compared to its average volume of 497,008. The company has a quick ratio of 2.09, a current ratio of 2.33 and a debt-to-equity ratio of 1.01. The firm has a market cap of $15.25 billion, a price-to-earnings ratio of 39.21 and a beta of 0.96. Clean Harbors, Inc. has a 1 year low of $178.29 and a 1 year high of $288.81. The stock’s fifty day moving average is $254.57 and its 200 day moving average is $239.85.

Clean Harbors (NYSE:CLHGet Free Report) last released its quarterly earnings results on Wednesday, February 18th. The business services provider reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.03. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.46 billion. Clean Harbors had a return on equity of 14.47% and a net margin of 6.48%.Clean Harbors’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.55 EPS. As a group, equities research analysts expect that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Clean Harbors

Several hedge funds have recently added to or reduced their stakes in CLH. Elyxium Wealth LLC bought a new stake in Clean Harbors in the 4th quarter worth about $26,000. Quattro Advisors LLC purchased a new stake in shares of Clean Harbors during the 4th quarter valued at about $26,000. Parkside Financial Bank & Trust grew its stake in shares of Clean Harbors by 205.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 119 shares of the business services provider’s stock worth $28,000 after acquiring an additional 80 shares during the period. Root Financial Partners LLC purchased a new position in shares of Clean Harbors during the third quarter valued at approximately $30,000. Finally, Larson Financial Group LLC lifted its position in Clean Harbors by 676.5% during the fourth quarter. Larson Financial Group LLC now owns 132 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 115 shares during the period. 90.43% of the stock is owned by institutional investors.

Key Clean Harbors News

Here are the key news stories impacting Clean Harbors this week:

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Wells Fargo & Company upped their price objective on shares of Clean Harbors from $248.00 to $291.00 and gave the stock an “equal weight” rating in a report on Thursday. CJS Securities raised shares of Clean Harbors to a “strong-buy” rating in a research note on Thursday, December 11th. The Goldman Sachs Group raised their price objective on shares of Clean Harbors from $228.00 to $253.00 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. Citigroup reiterated a “neutral” rating on shares of Clean Harbors in a report on Friday. Finally, Robert W. Baird set a $300.00 target price on Clean Harbors in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $280.55.

Get Our Latest Analysis on Clean Harbors

About Clean Harbors

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Clean Harbors, Inc is a leading provider of environmental, energy and industrial services in North America. The company specializes in the collection, transportation and disposal of hazardous and non-hazardous wastes, emergency spill response and remediation, industrial cleaning and on-site field services. Its comprehensive service offering also includes chemical neutralization, drum crushing, high-pressure water blasting, tank cleaning and vacuum services designed to help customers meet stringent environmental regulations.

Founded in 1980 by Alan S.

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Insider Buying and Selling by Quarter for Clean Harbors (NYSE:CLH)

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