Insider Activity Report: Republic Services (RSG)

Katharine Weymouth, a director at Republic Services (RSG), recently bought 540 shares. The buy came to a total cost of $100,040, and is a new position for the director.

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  • The buy comes a month after another director picked up 79 shares, paying just under $15,000 to increase her position by nearly 80%. RSG insiders were more likely to be sellers of shares over the past year, including sizeable sales from the company’s CMO and CFO.

    Overall, Republic Services insiders own 0.1% of shares.

    The waste management services company is up 30% over the past year, slightly outperforming the overall stock market. Shares have improved faster than Republic’s operations, as earnings are up just 18% and revenues are up just 8%.

    The waste management business is an oligopoly, with most local services operating as a monopoly. That makes big players like Republic likely to be long-term winners for investors.

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  • Action to take: Investors may like shares at current prices or on any pullback as a long-term holding. Republic is a dividend-growth stock, with a current yield of 1.1% right now.

    For traders, Republic shares are in an uptrend that looks likely to continue in the months ahead. The October $195 calls, last trading for about $5.30, could see mid-to-high double-digit returns on a further uptrend in the coming weeks.

     

    Disclosure: The author of this article has no position in the company mentioned here, but may trade after the next 72 hours. The author receives no compensation from any company mentioned in this article.

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