Director Edward Guillet sold 9,000 WCN shares at $174.44 for $1.6M; stock down 8.4% in 90 days, P/E 70.37
Edward Guillet, a director of Waste Connections, sold 9,000 shares (37.7% of his pre-transaction holdings) on 2025-10-28 at $174.44, reducing his position from 23,883 to 14,883 shares. The stock is currently trading at $170.99, down 8.4% over the past 90 days and 14.5% from its 52-week high of $199.95. Guillet's prior sale at this ticker on 2024-09-03 was followed by a 90-day return of +3.2% (poorly timed in the context of an expected decline), and his cross-ticker track record shows a 0.00% well-timed rate on prior sells, suggesting no consistent pattern of selling ahead of declines. The company trades at a P/E of 70.37 on $2.5B in quarterly revenue and 11.2% annual growth, indicating a premium valuation in the waste management sector. This sale does not reveal a discernible timing signal given the insider's prior outcomes.