Bradford John Helgeson Sells 405 Shares of Casella Waste Systems (NASDAQ:CWST) Stock

Casella Waste Systems, Inc. (NASDAQ:CWST) CFO Bradford John Helgeson sold 405 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $87.73, for a total transaction of $35,530.65. Following the sale, the chief financial officer owned 7,342 shares of the company’s stock, valued at approximately $644,113.66. The trade was a 5.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Casella Waste Systems Price Performance

Casella Waste Systems stock opened at $88.44 on Wednesday. The business’s 50 day simple moving average is $99.29 and its 200 day simple moving average is $95.21. Casella Waste Systems, Inc. has a 12 month low of $82.22 and a 12 month high of $121.24. The company has a market cap of $5.62 billion, a price-to-earnings ratio of 737.06 and a beta of 0.80. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.72.

Casella Waste Systems (NASDAQ:CWST) last released its earnings results on Thursday, February 19th. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.08. The business had revenue of $469.06 million during the quarter, compared to the consensus estimate of $471.32 million. Casella Waste Systems had a return on equity of 5.17% and a net margin of 0.43%.The business’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period last year, the business posted $0.41 earnings per share. Sell-side analysts forecast that Casella Waste Systems, Inc. will post 1.16 EPS for the current year.

Casella Waste Systems News Summary

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

• Positive Sentiment: Casella hired an industry executive as Chief Revenue Officer, signaling an explicit push on commercial execution and top‑line growth that could boost future revenue. Casella Waste Systems, Inc. Announces Hiring of Industry Executive as Chief Revenue Officer
• Neutral Sentiment: CEO Edmond Coletta completed small open‑market sales (377 shares on Mar 12 at ~$89.80 and 988 shares on Mar 16 at ~$87.81). These represent fractional reductions of his stake and may be routine liquidity/portfolio management rather than a signal of firm fundamentals. SEC Form 4 — CEO Sales
• Neutral Sentiment: Chief Accounting Officer Kevin Drohan reported modest sales (85 shares on Mar 16 and 55 shares on Mar 12); amounts and percentages are small and likely routine. SEC Form 4 — CAO Sales
• Negative Sentiment: Director John W. Casella sold larger blocks (1,744 shares on Mar 16 and 963 shares on Mar 12), reducing his holdings by 2.9–5.4% in those transactions — insider director sales of this size can negatively affect investor sentiment. SEC Form 4 — Director Sales
• Negative Sentiment: CFO Bradford John Helgeson sold 405 shares on Mar 16 (≈5.2% reduction of his stake). Sales by senior finance officers may raise more investor questions about timing or personal liquidity needs. SEC Form 4 — CFO Sale

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on CWST shares. Raymond James Financial restated a “strong-buy” rating and issued a $115.00 price objective on shares of Casella Waste Systems in a research note on Monday, February 23rd. Jefferies Financial Group set a $120.00 target price on shares of Casella Waste Systems and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Zacks Research upgraded shares of Casella Waste Systems from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Weiss Ratings lowered shares of Casella Waste Systems from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, February 23rd. Finally, JPMorgan Chase & Co. dropped their price target on shares of Casella Waste Systems from $112.00 to $110.00 and set a “neutral” rating on the stock in a research note on Monday, February 23rd. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $113.11.

Institutional Trading of Casella Waste Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC increased its stake in Casella Waste Systems by 41.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 337 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 98 shares during the last quarter. Mackenzie Financial Corp boosted its position in shares of Casella Waste Systems by 3.9% during the 3rd quarter. Mackenzie Financial Corp now owns 3,975 shares of the industrial products company’s stock valued at $377,000 after acquiring an additional 149 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of Casella Waste Systems by 5.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,115 shares of the industrial products company’s stock valued at $359,000 after acquiring an additional 158 shares during the last quarter. First Horizon Corp grew its holdings in shares of Casella Waste Systems by 48.6% during the fourth quarter. First Horizon Corp now owns 489 shares of the industrial products company’s stock worth $48,000 after purchasing an additional 160 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Casella Waste Systems by 301.6% during the first quarter. Geneos Wealth Management Inc. now owns 245 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 184 shares in the last quarter. 99.51% of the stock is currently owned by institutional investors.

About Casella Waste Systems

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.