Waste Management’s Chief Accounting Officer, John Carroll, sold 1,021 shares of the company’s stock for over $239,000, reducing his stake by nearly 11%. This transaction occurred after the company reported quarterly earnings that missed analyst estimates. Despite the insider selling and earnings miss, the stock holds a “Moderate Buy” consensus rating from analysts, and institutional investors have significantly increased their positions in the company.
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Insider Selling: Waste Management (NYSE:WM) CAO Sells 1,021 Shares of Stock
Waste Management’s Chief Accounting Officer, John Carroll, sold 1,021 shares of the company’s stock for over $239,000, reducing his stake by nearly 11%. This transaction occurred after the company reported quarterly earnings that missed analyst estimates. Despite the insider selling and earnings miss, the stock holds a “Moderate Buy” consensus rating from analysts, and institutional investors have significantly increased their positions in the company.