Clean Harbors EVP Brian Weber sells $689,460 in stock

Published 16/06/2025, 14:24
Clean Harbors EVP Brian Weber sells $689,460 in stock

Brian P. Weber, Executive Vice President at Clean Harbors Inc . (NYSE:CLH), recently sold 3,035 shares of the company’s common stock. The transaction, which took place on June 13, 2025, was carried out at an average price of $227.17 per share, resulting in a total sale value of approximately $689,460. Following this sale, Weber holds 54,548 shares in the company. According to InvestingPro data, Clean Harbors maintains a GOOD financial health score and trades near its 52-week high of $267.11. Analysts maintain a bullish outlook with a consensus Buy rating, though the stock currently trades above its Fair Value. For comprehensive insider trading analysis and 10+ additional ProTips, explore Clean Harbors’ detailed Pro Research Report, available exclusively on InvestingPro.

In other recent news, Clean Harbors reported its first-quarter 2025 earnings, revealing a mixed financial performance. The company exceeded earnings per share (EPS) expectations with $1.09, surpassing the forecast of $1.07, but fell short of revenue estimates, reporting $1.43 billion against an expected $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, citing strong demand and pricing power as key factors. Truist Securities reiterated its Buy rating, expressing confidence in Clean Harbors’ long-term growth potential, particularly in the Safety-Kleen Sustainability Solutions segment and PFAS business.

The company’s recent shareholder meeting resulted in the election of five Class III members to the Board of Directors, approval of executive compensation, and ratification of Deloitte & Touche LLP as the independent auditor. Clean Harbors also highlighted its solid cash position, with nearly $600 million in cash and marketable securities, which could support potential mergers and acquisitions. The company’s adjusted EBITDA margin decreased but remained aligned with expectations, indicating stable operational efficiency. Looking ahead, Clean Harbors anticipates benefiting from regulatory developments in PFAS cleanup efforts and the expansion of industrial capacity in the United States.

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