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Rafael Carrasco, the Senior Vice President of Enterprise Strategy at Waste Management Inc. (NYSE:WM), recently executed a series of stock transactions as reported in an SEC filing. The transactions come as the $97 billion waste management leader trades near its 52-week high of $241.68, having gained nearly 20% year-to-date. On May 30, 2025, Carrasco sold a total of 1,941 shares of Waste Management’s common stock at a price of $240 per share, totaling approximately $465,840.
In addition to the sales, Carrasco acquired 2,319 shares through stock option exercises at a price of $110.81 per share, amounting to a total acquisition value of $256,968. Following these transactions, Carrasco’s direct ownership now stands at 16,919.742 shares. According to InvestingPro, the company maintains a "GOOD" overall financial health score, with particularly strong marks in profitability and price momentum.
These transactions were conducted under a pre-arranged trading plan, as noted in the filing. For deeper insights into Waste Management’s valuation and growth prospects, InvestingPro offers 15+ additional exclusive tips and comprehensive financial analysis in its Pro Research Report.
In other recent news, Waste Management Inc. reported its financial results for the first quarter of 2025, missing both earnings per share (EPS) and revenue forecasts. The company announced an EPS of $1.58, falling short of the expected $1.69, and revenue of $6.02 billion, below the anticipated $6.15 billion. Despite these figures, the company experienced a significant year-over-year increase in operating EBITDA by 12%. In terms of analyst actions, JPMorgan upgraded Waste Management’s stock rating from Neutral to Overweight, raising the price target to $277, citing a positive outlook on future revenue and EBITDA growth. Conversely, Raymond (NSE:RYMD) James adjusted the price target slightly downward to $255 while maintaining an Outperform rating, highlighting the potential benefits from Waste Management’s sustainable projects. Additionally, the company held its Annual Meeting of Stockholders, where all nine director nominees were elected, and Ernst & Young LLP was ratified as the independent accounting firm. Waste Management also appointed John J. Morris, Jr. as its new President, aligning with the company’s leadership development goals.
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