Waste Management, Inc. (WM) Insider Raises Exposure By Over 7000 Shares

Waste Management, Inc. (NYSE:WM), watched as one of its insiders rose his holdings with the company through a transaction officially filed today, August 19th. President Mark A. Weidman acquired 7,524 shares at average prices ranging from $34.935 to $37.185.
Following the completion of this transaction, Weidman now holds a total of 7,525.4401 shares directly, while holding 50,380.1741 shares indirectly in the company. Waste Management, Inc. (NYSE:WM), a $21.53 billion market cap company, is a provider of waste management services in North America. WM’s subsidiaries provide collection, transfer, recycling, and disposal services. WM is a developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States.
The largest outside investment comes from the Bill & Melinda Gates Foundation Trust, the hedge fund run by Michael Larson. After showing no change in its holdings last quarter, the trust holds 18,633,672 shares worth approximately $833 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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