Varkey Johnson, who serves as senior vice president and chief information officer at Waste Management (NYSE: WM), executed a personal sale of 617 shares of the company’s common stock on March 3, 2026. The transaction generated proceeds of $150,628, reflecting a per-share price of $244.13. That price sits very near Waste Management’s 52-week peak of $244.88.
Transaction details
The sale reduced insider holdings by the stated amount, leaving Johnson with a direct stake of 9,606.7856 shares in Waste Management following the trade.
Valuation and market metrics
At present, Waste Management trades at a price-to-earnings ratio of 36.2 and carries a market capitalization of $98 billion. An InvestingPro analysis cited in company-related commentary places WM on the Most Overvalued list, indicating it appears overvalued relative to its Fair Value per that analysis.
Recent financial results and shareholder returns
Waste Management’s fourth-quarter 2025 results included an earnings-per-share (EPS) figure of $1.93, slightly below consensus forecasts of $1.95, a -1.03% surprise. Revenue for the quarter came in at $6.31 billion versus expectations of $6.39 billion. These reported figures are focal points for investors evaluating the company's near-term performance.
The company reaffirmed its distribution policy with a declared quarterly cash dividend of $0.945 per share. That dividend is scheduled to be paid on March 27, 2026, to shareholders of record as of March 13, 2026. Waste Management has a 22-year track record of consecutive dividend increases and currently yields 1.36%.
Context for stakeholders
The combination of an insider sale near a 52-week high, valuation metrics that place the stock above InvestingPro’s Fair Value estimate, and a recent quarter that missed both EPS and revenue expectations are all factual elements that investors and analysts can weigh when assessing Waste Management’s current standing. The announced dividend payment and long history of raises remain explicit elements of the company’s shareholder-return profile.