In a recent SEC filing, it was revealed that Thomas Bene, Director at Waste Management (NYSE:WM), made a noteworthy insider purchase on July 16,.
What Happened: Bene's recent purchase of 418 shares of Waste Management, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday, reflects confidence in the company's potential. The total transaction value is $89,897.
As of Wednesday morning, Waste Management shares are up by 0.8%, currently priced at $222.66.
All You Need to Know About Waste Management
WM ranks as the largest integrated provider of traditional solid waste services in the United States, operating 263 active landfills and about 332 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.
Waste Management: A Financial Overview
Revenue Growth: Over the 3 months period, Waste Management showcased positive performance, achieving a revenue growth rate of 5.46% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among ...