Casella Waste Systems Inc. (NASDAQ:CWST) shares saw unusually-strong trading volume on Monday . Approximately 260,592 shares traded hands during mid-day trading, an increase of 3% from the previous session’s volume of 252,903 shares.The stock last traded at $9.14 and had previously closed at $9.12.

A number of research analysts have recently weighed in on CWST shares. KeyCorp reissued a “buy” rating on shares of Casella Waste Systems in a research note on Thursday. First Analysis raised their price objective on Casella Waste Systems from $8.00 to $9.00 and gave the stock an “overweight” rating in a research note on Friday, June 17th. Stifel Nicolaus raised Casella Waste Systems from a “hold” rating to a “buy” rating and set a $8.50 price objective on the stock in a research note on Monday, May 9th. Finally, Zacks Investment Research raised Casella Waste Systems from a “hold” rating to a “strong-buy” rating and set a $8.50 price objective on the stock in a research note on Monday, May 9th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Casella Waste Systems currently has an average rating of “Buy” and an average price target of $8.08.

The stock’s 50 day moving average is $7.83 and its 200-day moving average is $6.76. The stock’s market cap is $375.20 million.

Casella Waste Systems (NASDAQ:CWST) last posted its earnings results on Wednesday, May 4th. The company reported ($0.19) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.06. The company had revenue of $125.43 million for the quarter, compared to the consensus estimate of $118.15 million. During the same period in the previous year, the firm posted ($0.23) EPS. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, analysts forecast that Casella Waste Systems Inc. will post ($0.04) earnings per share for the current fiscal year.

In other Casella Waste Systems news, CEO John W. Casella sold 9,003 shares of the business’s stock in a transaction on Wednesday, June 29th. The shares were sold at an average price of $7.56, for a total transaction of $68,062.68. Following the sale, the chief executive officer now owns 524,991 shares of the company’s stock, valued at $3,968,931.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Edmond Coletta sold 6,491 shares of the business’s stock in a transaction on Wednesday, June 29th. The stock was sold at an average price of $7.56, for a total transaction of $49,071.96. Following the sale, the chief financial officer now directly owns 164,538 shares in the company, valued at approximately $1,243,907.28. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Casella Waste Systems stock. EAM Investors LLC raised its stake in Casella Waste Systems Inc. (NASDAQ:CWST) by 0.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 278,339 shares of the company’s stock after buying an additional 1,094 shares during the period. EAM Investors LLC owned about 0.68% of Casella Waste Systems worth $1,664,000 as of its most recent SEC filing.

Casella Waste Systems, Inc is a solid waste services company. The Company provides resource management services to residential, commercial, municipal and industrial customers, in the areas of solid waste collection and disposal, transfer, recycling and organics services. Its segments include its two regional segments, Eastern and Western regions, which provide a range of solid waste services; Recycling, which offers recycling operations and its commodity brokerage operations, and Other, including organic services, ancillary operations and industrial services.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.