Waste Management (NYSE:WM) COO Sells $1,955,413.53 in Stock

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Waste Management COO John Morris sold 7,979 shares for over $1.95 million on March 6, reducing his stake by 7.48%. The company recently increased its quarterly dividend to $0.945, yielding 1.5% annually. Despite slightly missing recent quarterly earnings and revenue estimates, analysts maintain a “Moderate Buy” rating with a consensus price target of $253.55.

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