WCN Waste Connections, Inc.

bullish · high conviction track record → $159.80 +0.20 (+0.1%)
Mkt Cap $41B P/E 38.8 fwd 26.2 52wk $154.90 - $199.78 Earnings 2026-04-22 3h ago
Insider buying: $285,309,872 bought by 40 insiders (30d)
Factor divergence: DIVERGENCE: insider_activity, options_sentiment bullish vs analyst_revisions bearish
Est. revisions: -0.6% (2 up, 2 down in 30d)
Backed by structured data (insider trades, analyst ratings, or filings)
Factor Model (net -0.7)

Factor Model

net -0.7
Est. Revisions
-0.0
Insider Activity
+0.5
Momentum
+0.0
Analyst Rev.
-1.0
Narrative Gap
+0.0

Waste Connections spends $127M on insider buybacks

Watch: Watch for next earnings or capital allocation updates to gauge if insider confidence translates into improved financial momentum or share price reversal.

Full analysis

Waste Connections, Inc. repurchased shares valued at about $127 million at average prices between $125.90 and $171.20. Multiple insider redemption transactions suggest strong internal confidence despite a downtrend and 2% weekly price decline. The company trades near its 52-week high, with mixed insider activity overall but strong institutional holder support from D.E. Shaw, Two Sigma, Citadel and others.

Such a large insider redeployment of capital signals management's belief in undervaluation and supports stock price resilience amid decelerating revenue growth and analyst EPS estimate revisions.

Evidence

1d ago Insider buy by Waste Connections, Inc (WCN): $7,716,341
1d ago Insider buy by Waste Connections, Inc (WCN): $7,730,880
1d ago Insider buy by Waste Connections, Inc (WCN): $7,848,450
1d ago Insider buy by Waste Connections, Inc (WCN): $7,594,176
1d ago Insider buy by Waste Connections, Inc (WCN): $7,521,312
1d ago Insider buy by Waste Connections, Inc (WCN): $7,684,128
1d ago Insider buy by Waste Connections, Inc (WCN): $7,351,155
1d ago Insider buy by Waste Connections, Inc (WCN): $8,203,300
7 older signals
1d ago Insider buy by Waste Connections, Inc (WCN): $8,240,550
1d ago Insider buy by Waste Connections, Inc (WCN): $8,276,150
1d ago Insider buy by Waste Connections, Inc (WCN): $8,398,000
1d ago Insider buy by Waste Connections, Inc (WCN): $8,338,700
1d ago Insider buy by Waste Connections, Inc (WCN): $8,362,200
1d ago Insider buy by Waste Connections, Inc (WCN): $8,436,550
1d ago Insider buy by Waste Connections, Inc (WCN): $8,290,750
Fundamentals & Data ▾
Waste Connections, Inc. Industrials · Waste Management
Mkt Cap
$41B
P/E
38.8 fwd 26.2
Beta
0.61
Div Yield
82.00%
52w Range
$154.90 - $199.78
Short Interest
2.1M 0.94%
Days to Cover
1.6 +33%
Technicals downtrend
from 52w Hi
-2.6%
1w return
-2.0%
Insiders
buying 3B / 0S
EPS Estimate
$1.18 -0.6% 30d 2up / 2dn
Est. Dispersion
14% 22 analysts
Analyst Target
$199 $156 - $225
Options P/C
3.12
Insider Cluster
strong sell 1B / 11S
Fund Convergence
strong D.E. Shaw, Two Sigma, Citadel, Renaissance, Bridgewater
Financials
Revenue
$2.4B +5% YoY
FCF
$157M
Gross Margin
42%
Op Margin
19%
Momentum: decelerating
Top Holders
D.E. Shaw $820M
Two Sigma $267M
Citadel $190M
Renaissance $17M
Bridgewater $2M
Recent Filings & Data
insider trade 251
net buying · $17,605,952 sold · $285,309,872 bought
40 insiders · 251 transactions (30d)
Recent transactions
FLORNESS DANIEL LARS · other
TAN DEREK · sell · $200,618
SHEA PATRICK JAMES · other
WHITNEY MARY ANNE G · other
BLACK MATTHEW STEPHEN · other
NETHERTON SUSAN RHEA · other
CLONINGER ROBERT MICHAEL · other
CRAFT JASON JON · other
NIELSEN ROBERT III · other
BRADLEY AARON · other
MITTELSTAEDT RONALD JAMES · other
LITTLE JAMES MICHAEL · other
HANSEN ERIC O · other
RIVARD PHILIP · other
SHEA PATRICK JAMES · other
WHITNEY MARY ANNE G · other
BLACK MATTHEW STEPHEN · other
NETHERTON SUSAN RHEA · other
CLONINGER ROBERT MICHAEL · other
CRAFT JASON JON · other
NIELSEN ROBERT III · other
BRADLEY AARON · other
TAN DEREK · other
MITTELSTAEDT RONALD JAMES · other
LITTLE JAMES MICHAEL · other
HANSEN ERIC O · other
RIVARD PHILIP · other
PIO DOMENICO DAN · other
SPARKS CARL D. · other
LEE, SUSAN · other
BERTONE ANDREA ELIZABETH · other
JORDAN ELISE LIPMAN · other
LEBON CHERYLYN HARLEY · other
HARLAN MICHAEL W · other
GUILLET EDWARD E · other
SHEA PATRICK JAMES · other
NIELSEN ROBERT III · sell · $335,180
GUILLET EDWARD E · sell · $1,569,928
SHEA PATRICK JAMES · sell · $942,259
NIELSEN ROBERT III · sell · $190,000
LEBON CHERYLYN HARLEY · other
NETHERTON SUSAN RHEA · sell · $286,680
CHAMBLISS DARRELL W · other
NIELSEN ROBERT III · sell · $190,972
CHAMBLISS DARRELL W · sell · $2,554,478
NIELSEN ROBERT III · sell · $193,000
LITTLE JAMES MICHAEL · sell · $806,480
PIO DOMENICO DAN · sell · $1,926,358
SPARKS CARL D. · other
BERTONE ANDREA ELIZABETH · sell · $53,515
CLONINGER ROBERT MICHAEL · sell · $581,219
RIVARD PHILIP · sell · $946,700
BLACK MATTHEW STEPHEN · other
SHEA PATRICK JAMES · other
WHITNEY MARY ANNE G · other
BLACK MATTHEW STEPHEN · other
NETHERTON SUSAN RHEA · other
CLONINGER ROBERT MICHAEL · other
NIELSEN ROBERT III · other
BRADLEY AARON · other
MITTELSTAEDT RONALD JAMES · other
CHAMBLISS DARRELL W · other
LITTLE JAMES MICHAEL · other
HANSEN ERIC O · other
RIVARD PHILIP · other
SHEA PATRICK JAMES · other
WHITNEY MARY ANNE G · other
BLACK MATTHEW STEPHEN · other
NETHERTON SUSAN RHEA · other
CLONINGER ROBERT MICHAEL · other
NIELSEN ROBERT III · other
BRADLEY AARON · other
MITTELSTAEDT RONALD JAMES · other
CHAMBLISS DARRELL W · other
LITTLE JAMES MICHAEL · other
HANSEN ERIC O · other
RIVARD PHILIP · other
SPARKS CARL D. · other
LEE, SUSAN · other
BERTONE ANDREA ELIZABETH · other
JORDAN ELISE LIPMAN · other
LEBON CHERYLYN HARLEY · other
HARLAN MICHAEL W · other
GUILLET EDWARD E · other
MITTELSTAEDT RONALD JAMES · other
SHEA PATRICK JAMES · other
NIELSEN ROBERT III · sell · $187,500
LITTLE JAMES MICHAEL · sell · $370,650
NIELSEN ROBERT III · sell · $105,920
GUILLET EDWARD E · sell · $1,478,640
NIELSEN ROBERT III · sell · $90,875
CHAMBLISS DARRELL W · other
NIELSEN ROBERT III · sell · $180,150
RIVARD PHILIP · sell · $401,925
NETHERTON SUSAN RHEA · sell · $358,263
WHITNEY MARY ANNE G · sell · $2,902,254
SHEA PATRICK JAMES · other
NIELSEN ROBERT III · sell · $169,000
SHEA PATRICK JAMES · other
HARLAN MICHAEL W · sell · $251,388
NIELSEN ROBERT III · sell · $332,000
Whitney Mary Anne G · other
Cloninger Robert Michael · other
Waste Connections, Inc · other
Waste Connections, Inc · other
Florness (Daniel Lars) · other
Florness (Daniel Lars) · other
Florness (Daniel Lars) · other · $29,009
Waste Connections, Inc · buy · $7,716,341
Waste Connections, Inc · buy · $7,730,880
Waste Connections, Inc · buy · $7,848,450
Waste Connections, Inc · other
Waste Connections, Inc · buy · $7,594,176
Waste Connections, Inc · buy · $7,521,312
Waste Connections, Inc · buy · $7,684,128
Waste Connections, Inc · buy · $7,351,155
Waste Connections, Inc · other
Waste Connections, Inc · buy · $8,203,300
Waste Connections, Inc · buy · $8,240,550
Waste Connections, Inc · buy · $8,276,150
Waste Connections, Inc · buy · $8,398,000
Waste Connections, Inc · buy · $8,338,700
Waste Connections, Inc · buy · $8,362,200
Waste Connections, Inc · other
Waste Connections, Inc · buy · $8,436,550
Waste Connections, Inc · buy · $8,290,750
Waste Connections, Inc · buy · $8,318,000
Waste Connections, Inc · other
Waste Connections, Inc · buy · $29,712,900
Tan (Derek) · other · $200,618
Waste Connections, Inc · buy · $5,992,140
Waste Connections, Inc · buy · $2,237,422
Waste Connections, Inc · other
Waste Connections, Inc · buy · $29,443,325
Waste Connections, Inc · other
Waste Connections, Inc · buy · $29,794,500
Nielsen (Robert III) · other
Nielsen (Robert III) · other · $51,432
Rivard (Philip) · other
Rivard (Philip) · other · $41,015
Shea Patrick James · other
Shea Patrick James · other · $80,403
Waste Connections, Inc · buy · $29,879,720
Whitney Mary Anne G · other · $92,122
Black Matthew Stephen · other
Black Matthew Stephen · other · $51,594
Bradley (Aaron) · other
Bradley (Aaron) · other · $19,856
Cloninger Robert Michael · other
Cloninger Robert Michael · other · $40,690
Craft (Jason Jon) · other
Craft (Jason Jon) · other · $54,036
Hansen Eric O · other
Hansen Eric O · other · $48,339
Little (James Michael) · other
Little (James Michael) · other · $78,450
Mittelstaedt (Ronald James) · other
Mittelstaedt (Ronald James) · other · $56,314
Netherton (Susan Rhea) · other
Netherton (Susan Rhea) · other · $40,690
Black Matthew Stephen · other
Black Matthew Stephen · other · $173,859
Black Matthew Stephen · other
Black Matthew Stephen · other · $35,642
Bradley (Aaron) · other
Bradley (Aaron) · other · $146,442
Bradley (Aaron) · other
Bradley (Aaron) · other · $26,288
Cloninger Robert Michael · other · $171,440
Cloninger Robert Michael · other
Cloninger Robert Michael · other · $30,804
Craft (Jason Jon) · other
Craft (Jason Jon) · other · $150,958
Craft (Jason Jon) · other
Craft (Jason Jon) · other · $27,095
Hansen Eric O · other
Hansen Eric O · other · $122,250
Hansen Eric O · other
Hansen Eric O · other · $21,934
Little (James Michael) · other
Little (James Michael) · other · $211,760
Little (James Michael) · other
Little (James Michael) · other · $58,222
Mittelstaedt (Ronald James) · other
Mittelstaedt (Ronald James) · other · $850,268
Mittelstaedt (Ronald James) · other
Mittelstaedt (Ronald James) · other · $152,409
Netherton (Susan Rhea) · other
Netherton (Susan Rhea) · other · $187,084
Netherton (Susan Rhea) · other
Netherton (Susan Rhea) · other · $33,546
Nielsen (Robert III) · other
Nielsen (Robert III) · other · $120,798
Nielsen (Robert III) · other
Nielsen (Robert III) · other · $21,772
Pio (Domenico Dan) · other
Pio (Domenico Dan) · other · $262,563
Pio (Domenico Dan) · other
Pio (Domenico Dan) · other · $62,899
Rivard (Philip) · other
Rivard (Philip) · other · $90,639
Rivard (Philip) · other
Rivard (Philip) · other · $16,289
Shea Patrick James · other
Shea Patrick James · other · $249,338
Shea Patrick James · other
Shea Patrick James · other · $64,350
Tan (Derek) · other
Tan (Derek) · other · $47,416
Tan (Derek) · other
Tan (Derek) · other · $10,805
Waste Connections, Inc · buy · $29,939,223
Whitney Mary Anne G · other
Whitney Mary Anne G · other · $399,651
Whitney Mary Anne G · other
Whitney Mary Anne G · other · $71,608
Nielsen (Robert III) · other · $25,000
Pio (Domenico Dan) · other
Pio (Domenico Dan) · other · $78,367
Rivard (Philip) · other
Rivard (Philip) · other · $22,276
Shea Patrick James · other
Shea Patrick James · other · $33,334
Tan (Derek) · other
Tan (Derek) · other · $13,141
Whitney Mary Anne G · other
Whitney Mary Anne G · other · $59,776
Black Matthew Stephen · other · $26,603
Black Matthew Stephen · other
Bradley (Aaron) · other
Bradley (Aaron) · exercise · $26,122
Cloninger Robert Michael · other
Cloninger Robert Michael · other · $31,891
Craft (Jason Jon) · other · $23,237
Craft (Jason Jon) · other
Hansen Eric O · other
Hansen Eric O · other · $21,154
Little (James Michael) · other
Little (James Michael) · other · $30,609
Mittelstaedt (Ronald James) · other · $130,611
Mittelstaedt (Ronald James) · other
Netherton (Susan Rhea) · other
Netherton (Susan Rhea) · other · $32,372
Nielsen (Robert III) · other
Bertone (Andrea Elizabeth) · other
Bertone (Andrea Elizabeth) · other · $24,040
Black Matthew Stephen · other
Black Matthew Stephen · other · $25,160
Bradley (Aaron) · exercise · $33,173
Bradley (Aaron) · other
Cloninger Robert Michael · other
Filing analysis pending — next scan runs every 12 hours
Transcript analysis coming soon
15 signals · latest 1d ago

Get alerted when WCN changes direction

We'll email you when our AI detects a shift — reversals, insider clusters, filing red flags.