Casella Waste Director Sells Shares for $105,000
Michael K. Burke, a director at Casella Waste Systems (CWST), sold 1,100 shares of Class A common stock on Sept. 3, 2026, according to an SEC Form 4 filing. The transaction was valued at $105,000 and represented approximately 7% of Burke's direct holdings in the company prior to the sale. Following the trade, Burke retained ownership of 13,641 shares, which equates to a post-transaction value of around $1.3 million based on market close pricing from that day ($95.96). The execution price was slightly higher than recent closing prices but still reflects routine insider activity rather than any significant shift in sentiment. Analysts remain generally bullish about Casella Waste Systems, with 75% rating the stock as a 'buy' and a median one-year target of $111.50—implying potential for further gains despite recent underperformance relative to broader market indices.
Tickers: $CWST