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Procyon Advisors cuts Waste Management stake by 40%, insiders sell shares amid dividend hike and positive analyst outlook.

Market News
23 Mar 2026
Defense World
View Source
Neutral
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Procyon Advisors LLC reduced its holdings in Waste Management, Inc. by nearly 40% in Q4, selling 6,584 shares and holding 9,961 shares worth $2.19 million. Several other funds increased their stakes, while insiders sold significant shares recently. Waste Management reported slightly missed earnings but raised its quarterly dividend to $0.945, reflecting confidence in future growth. Analysts have mostly upgraded the stock with a moderate buy consensus and price targets around $255, signaling positive market sentiment ahead.

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