Waste Management, Inc. (WM) Institutional Ownership Report

Waste Management, Inc. (NYSE:WM) marched up 17.97% compared to a 52-week low price of $76.54. The shares were last seen trading -1.06% lower, taking the closing price at $90.3 on 10/10/2018. At recent session, the prices were hovering between $90.18 and $91.41. This company shares are 6.8% off its target price of $96.44 and the current market capitalization stands at $38.82B. The recent change has given its price a -0.48% deficit over SMA 50 and -2.75% deficit over its 52-week high. The stock witnessed -2.21% declines, 7.18% gains and 8.77% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found WM’s volatility during a week at 1.28% and during a month it has been found around 0.98%.

Waste Management, Inc. (WM) Top Holders

Institutional investors currently hold around $29.88 billion or 80.6% in WM stock. Look at its top three institutional owners. Vanguard Group Inc owns $3.2 billion in Waste Management, Inc., which represents roughly 8.24% of the company’s market cap and approximately 10.71% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 30,484,002 shares of the stock are valued at $2.78 billion. The third largest holder is State Street Corp, which currently holds $1.78 billion worth of this stock and that ownership represents nearly 4.58% of its market capitalization.

Waste Management, Inc. 13F Filings

At the end of June reporting period, 515 institutional holders increased their position in Waste Management, Inc. (NYSE:WM) by some 20,625,709 shares, 462 decreased positions by 21,539,311 and 203 held positions by 285,241,235. That puts total institutional holdings at 327,406,255 shares, according to SEC filings. The stock grabbed 86 new institutional investments totaling 3,717,547 shares while 75 institutional investors sold out their entire positions totaling 1,466,592 shares.

Waste Management, Inc. (NYSE:WM) Insider Trades

Multiple company employees have indulged in significant insider trading. Waste Management, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Gross Patrick W has sold 406 shares of Waste Management, Inc. (WM) in trading session dated Jul. 18, 2018. These shares are worth $33,787 and were traded at $83.22 each. The SEC filing shows that Clark Frank M performed a sale of 376 shares. The Director disposed these shares by way of transaction on Jul. 17, 2018. The company’s shares were given away at $82.65 per share worth to an income of some $31,076 on account of Clark Frank M.

Director, Pope John C, sold 376 common shares of Waste Management, Inc. (WM) in the open market. In a transaction dated Jul. 17, 2018, the shares were put up for sale at an average price of $83.63, raking in a sum of $31,445. After this sale, 52,519 common shares of WM are directly owned by the insider, with total stake valued at $4,742,466.

In the transaction dated May. 04, 2018, the great number of shares disposed came courtesy the Sr VP Corp Affairs/Chief Peopl; Caldwell Barry H disposed a total of 10,844 shares at an average price of $84, amounting to approximately $910,896. The insider now directly owns 20,603 shares worth $1,860,451.

Waste Management, Inc. (WM) Analyst Guide

Several analysts have released their opinion on Waste Management, Inc. (NYSE:WM), with 4 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 3 buy, 2 sell and 0 strong sell ratings, collectively assigning a 2.1 average brokerage recommendation.