Casella Waste Director Sells Shares Worth $105,000
Michael K. Burke, a director at Casella Waste Systems (NASDAQ:CWST), sold 1,100 shares of Class A common stock on September 3, 2026, for approximately $105,000. The transaction was disclosed in an SEC Form 4 filing and represented about 7% of Burke’s direct holdings at the time. Despite this sale, he still holds over 13,600 shares with a post-transaction value exceeding $1.3 million. The stock price on the day of the trade closed higher than it had the previous day, indicating some upward movement in Casella Waste's share valuation. The company operates as an integrated solid waste management firm across the northeastern U.S., serving residential and commercial clients with a market cap of around $5.6 billion. Analysts remain generally optimistic about the stock’s future performance, with 75% rating it as a 'buy.' The median one-year price target is $111.50, suggesting potential for significant gains.
Tickers: $CWST