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LaFleur & Godfrey LLC has significantly expanded its position in Waste Management (WM), increasing its stake by 887.7% to a value of approximately $2.50 million. Adding to this institutional momentum, Sequoia Financial Advisors LLC raised its stake by 9,280 shares, bringing its total investment in the company to $44.84 million. This accumulation follows robust Q1 earnings of $1.81 per share, which effectively beat market estimates. However, the period was also marked by heavy insider selling, as executives offloaded 92,616 shares totaling $21.85 million. These divergent moves highlight a contrast between rising institutional confidence and internal profit-taking. Despite the insider divestment, the consensus rating remains a 'Moderate Buy' supported by strong quarterly fundamentals and increasing support from major financial advisors.
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