Casella Waste Stock Down Nearly 20%, but One Fund Just Bought Up $9 Million in Shares

1 week ago 9

Jonathan Ponciano, The Motley Fool

Thu, March 5, 2026 astatine 11:37 AM CST 3 min read

4D Advisors reported a caller presumption successful Casella Waste Systems (NASDAQ:CWST) successful a February 17, 2026, SEC filing, acquiring 95,000 shares worthy $9.30 million.

According to a SEC filing dated February 17, 2026, 4D Advisors initiated a caller presumption successful Casella Waste Systems, acquiring 95,000 shares. The position’s quarter-end worth stood astatine $9.30 million.

This was a caller presumption for the fund, present representing 5.1% of 13F reportable assets nether management.
Top holdings aft the filing:
- NYSE: TPB: $12.47 cardinal (6.8% of AUM)
- NASDAQ: CWST: $9.30 cardinal (5.1% of AUM)
- NYSE: FSS: $7.60 cardinal (4.2% of AUM)
- NASDAQ: AXON: $7.10 cardinal (3.9% of AUM)
- NYSE: FICO: $6.76 cardinal (3.7% of AUM)
As of Wednesday, Casella Waste Systems shares were priced astatine $93, down 18% implicit the past twelvemonth and good underperforming the S&P 500’s astir 15% summation successful the aforesaid period.

Metric

Value

Price (as of Wednesday)	$93
Market capitalization	$6 billion
Revenue (TTM)	$1.8 billion
Net income (TTM)	$7.9 million

Casella Waste Systems offers coagulated discarded collection, disposal, transfer, recycling, and organics services, with further gross from selling recyclable materials and commodity brokerage operations.
The steadfast operates a vertically integrated model, owning and managing postulation operations, transportation stations, recycling facilities, and landfills to seizure worth crossed the discarded absorption chain.
It serves residential, commercial, municipal, institutional, and concern customers crossed the northeastern United States.

Casella Waste Systems is simply a starring integrated discarded absorption institution successful the northeastern U.S., leveraging standard and operational power crossed the discarded worth chain. The company’s strategy focuses connected maximizing assets betterment and providing broad services to a divers lawsuit base. Its vertically integrated level and determination footprint presumption it to payment from unchangeable request and regulatory-driven barriers to introduction successful the discarded sector.

Waste isn’t the astir glorious industry, but erstwhile a dependable compounder underperforms, disciplined superior often steps successful erstwhile it sees opportunity. Casella conscionable delivered $1.8 cardinal successful gross for 2025, up 18%, with adjusted EBITDA climbing 17% to $422.8 million. Adjusted escaped currency flow, meanwhile, roseate to $179.9 million, up 13.6%, adjacent arsenic reported nett income compressed nether higher depreciation tied to acquisitions.

The marketplace focused connected softer GAAP net and leverage from continued woody activity. Yet pricing remained solid, with astir 5% coagulated discarded terms growth, and absorption guided to $455 cardinal to $465 cardinal successful adjusted EBITDA for 2026. That implies different twelvemonth of mid-teens currency travel enlargement successful a assemblage with precocious regulatory barriers and constricted competition.

Within a portfolio that includes tobacco, information analytics, and nationalist information technology, a 5% allocation to integrated discarded adds durability. This is not a hyper-growth story. It is astir way density, landfill airspace, and disciplined tuck-in acquisitions.

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