10 Stocks Insiders Are Selling In March

7. Waste Management, Inc. (NYSE:WM)

Number of Insiders Selling: 10

Market Capitalization: $90.42 billion

The seventh stock, among 10 insiders are dropping in March is an industrial company providing waste management solutions, Waste Management. Based in Houston, Texas, the company provides collection services, including picking up and transporting waste and recyclable materials to a transfer station. Its network counts 337 transfer stations, 254 active landfill disposal sites, 97 recycling plants and six independent power production plants. Waste Management serves nearly 21 million customers across the U.S., Canada, Mexico, and Puerto Rico.

For the full year 2024, the company reported revenue of $22.06 billion, slightly down from $22.43 billion in 2023. Jim Fish, Waste Management’s President and CEO, stated that the company anticipates “a second consecutive year of double-digit growth in adjusted operating EBITDA in 2025.” Additionally, Waste Management’s Board of Directors recently announced a quarterly cash dividend of $0.825 per share.

The stock is also among the 10 best stocks to buy according to Bill Gates.

In March, 10 insiders, including the company’s COO, sold a total of $6.87 million worth of Waste Management’s shares at a price of $230.74 per share. Year-to-date, the stock gained 11.43% and is now trading at $224.86 per share. Over the past 12 months, Waste Management returned 6.23% to its investors.

StockAnalysis reports that 20 analysts have given a “Buy” rating on Waste Management stock with a price target of $235.44.