Silvercrest Asset Management Group Reduces $9M in Casella Waste Systems, Inc. ($CWST)

Silvercrest Asset Management Group recently trimmed its position in Casella Waste Systems, Inc. (NasdaqGS: CWST). The firm reduced its holdings by 96,513 shares, a 7.2% decrease, leaving it with 1,252,042 shares valued at approximately $111.9 million. This adjustment was reported in the firm's latest 13F filing with the SEC, reflecting holdings as of the reporting period.

What Changed in Silvercrest's Casella Waste Systems Position

Silvercrest Asset Management cut its stake in Casella Waste Systems from 1,348,555 shares to 1,252,042 shares, a reduction of 96,513 shares or about 7.2%. The value of the remaining shares is approximately $111.9 million, based on the latest market prices.

Other Institutional Activity in Casella Waste Systems

Other major institutional investors also adjusted their positions in Casella Waste. BlackRock, Inc. slightly reduced its holdings by 10,375 shares, maintaining 9,047,272 shares worth around $717.8 million. Vanguard Portfolio Management LLC established a new position with 3,353,241 shares valued at $266 million. Conestoga Capital Advisors, LLC added 27,148 shares, bringing its total to 2,804,475 shares valued at about $222.5 million. Meanwhile, Wasatch Advisors LP significantly reduced its position by 1,183,222 shares, now holding 2,582,220 shares worth roughly $204.9 million.

Casella Waste Systems Stock Snapshot

Shares of Casella Waste Systems (NasdaqGS: CWST) recently traded around $89.37. The company has a market cap of approximately $5.68 billion and a forward P/E ratio of 59.56, reflecting investor expectations for future earnings. The stock has a 52-week low of $74.05 and a high of $118.42. Its 50-day moving average is $84.55, while the 200-day moving average stands at $91.55. The company maintains a current ratio of 1.38 and a quick ratio of 1.17, with a debt-to-equity ratio of 79.20.

Recent Earnings

Casella Waste Systems reported revenues of about $1.88 billion, with a revenue growth rate of 9.6%. The company achieved a net margin of 0.38% and a return on equity of 0.46%. Earnings per share stood at $0.11. The next earnings report is scheduled for July 30, 2026.

Insider Buying and Selling at Casella Waste Systems, Inc.

Recent insider activity includes purchases by several company insiders. On June 4, 2026, Michael Burke, Gary Sova, William Hulligan, and Douglas Casella each purchased 1,793 shares at an average price of $83.65. Emily Nagle Green also bought shares on the same day, while she sold 600 shares on June 8, 2026.

Analysts Set New Price Targets

Analyst activity has been robust, with several firms updating their outlooks. On May 4, 2026, Barclays upgraded Casella Waste Systems to a 'buy' rating with a price target of $102. UBS maintained its 'buy' rating with a target of $130 on March 10, 2026. The consensus among analysts is a 'buy' recommendation, with an average price target of $112 based on 10 opinions.

About Casella Waste Systems

Casella Waste Systems, Inc. operates as a vertically integrated solid waste services company in the United States. The company provides services in solid waste collection, disposal, transfer, recycling, and organics to various customers, including residential and commercial sectors. Founded in 1975 and headquartered in Rutland, Vermont, Casella markets materials like cardboard, plastics, and metals. The company is led by CEO Edmond R. Coletta and employs around 5,600 people.

Bottom Line

Silvercrest's reduction in its Casella Waste Systems stake highlights ongoing interest and adjustments among institutional investors. With its substantial market presence and recent insider purchases, Casella remains a company to watch. Keep in mind that 13F filings are backward-looking and may not reflect the investor's current position.