10 Top Insider Stock Buys And Sells In January

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

Number of insiders selling: 11

Market Cap: $91.95 billion

The third stock among the 10 Top Insider Stock Buys And Sells In January is Waste Management, an industrial company providing waste management solutions. The Houston, Texas-headquartered company offers collection services, such as picking up and transporting waste and recyclable materials to a transfer station. It was founded back in 1968.

The company’s wide network contains 337 transfer stations, 254 active landfill disposal sites, 97 recycling plants, and six independent power production plants. Close to 21 million customers across the U.S., Canada, and Puerto Rico, enjoy Waste Management’s services.

On January 31, as many as 11 insiders sold a total of around $1.33 million worth of shares at an average price of $222.70 per share. The stock is currently trading at $229.08 per share, having gained 13.52% since the beginning of the year.

The average rating for this stock from 20 analysts is “Buy.” The analysts also have a 12-month stock price target of $234.78, which represents an increase of 2.48% from the previous price, according to data from Stock Analysis.

For the full year 2024, the company reported revenue of $22.06 billion, which compares to revenue of $22.43 billion in 2023. Jim Fish, WM’s President and CEO said that the company expects to “ deliver a second consecutive year of double-digit growth in adjusted operating EBITDA in 2025.” Waste Management’s Board of Directors also recently declared a quarterly cash dividend of $0.825 per share.

Over the past 12 months, Waste Management’s stock returned 13.52% to its investors. This is also one of the 10 Best Industrial Stocks to Invest in Now.