Director Maryrose Sylvester sold 310 shares of Waste Management Inc (WM, Financial) on November 5, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 3,875 shares of the company.
Waste Management Inc (WM, Financial) is a leading provider of comprehensive waste management environmental services in North America. The company offers services that range from collection and disposal to recycling and renewable energy generation.
Over the past year, Maryrose Sylvester has engaged in the sale of 310 shares and has not purchased any shares. This recent transaction is part of a broader trend observed within the company, where there have been 36 insider sells and no insider buys over the past year.
Shares of Waste Management Inc were priced at $215.47 on the day of the transaction. The company holds a market cap of approximately $86.60 billion. The price-earnings ratio of the company stands at 32.99, which is above both the industry median of 20.495 and the historical median for the company.
The stock's GF Value is estimated at $192.95, indicating a price-to-GF-Value ratio of 1.12. This suggests that Waste Management Inc is modestly overvalued based on its GF Value.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider selling event could be of interest to investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's valuation metrics and overall market performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
