Clean Harbors director John Welch sells $285,637 in stock

Published 29/05/2025, 13:52
Clean Harbors director John Welch sells $285,637 in stock

John R. Welch, a director at Clean Harbors Inc . (NYSE:CLH), recently sold 1,250 shares of the company’s common stock. The shares were sold on May 28, 2025, at a price of $228.51 each, totaling $285,637. According to InvestingPro data, the stock is currently trading above its Fair Value, with a market capitalization of $12.15 billion and analyst price targets ranging from $212 to $300. Following this transaction, Welch holds 11,402 shares directly. Clean Harbors, known for its environmental and industrial services, is traded on the New York Stock Exchange under the ticker CLH. InvestingPro analysis reveals the company maintains strong financial health with a ’GOOD’ overall score, impressive returns over the past decade, and a solid current ratio of 2.37. Discover more insights about CLH and 1,400+ other stocks with InvestingPro’s comprehensive research reports.

In other recent news, Clean Harbors Inc. reported its first-quarter 2025 earnings, revealing a mixed financial performance. The company exceeded earnings per share (EPS) expectations with a result of $1.09, surpassing the forecast of $1.07. However, its revenue of $1.43 billion fell short of the anticipated $1.45 billion. BMO Capital Markets adjusted its price target for Clean Harbors, raising it from $260.00 to $264.00, while maintaining an Outperform rating. Analyst Devin Dodge highlighted robust demand and pricing power as contributing factors to this outlook.

Additionally, Clean Harbors held its 2025 Annual Meeting of Shareholders, where five Class III members were elected to the Board of Directors. Shareholders also approved executive compensation and ratified Deloitte & Touche LLP as the company’s auditor for the fiscal year ending December 31, 2025. Clean Harbors is expected to benefit from cleanup efforts related to per- and polyfluoroalkyl substances (PFAS) and the expansion of industrial capacity in the United States. These developments are part of the company’s strategic growth initiatives.

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