SP
BravenNow
Clean Harbors EVP Dugas sells $784k in shares
| USA | economy | ✓ Verified - investing.com

Clean Harbors EVP Dugas sells $784k in shares

#Clean Harbors #Insider Trading #Stock Sale #Acquisition #Financial Results #Analyst Ratings #Price Targets

📌 Key Takeaways

  • Clean Harbors CFO Eric J. Dugas sold $784,292 worth of company shares
  • Clean Harbors is acquiring Depot Connect International's business units for $130 million
  • The company reported stronger-than-expected Q4 2025 financial results
  • Multiple investment firms have raised price targets for Clean Harbors stock

📖 Full Retelling

Clean Harbors Executive Vice President and Chief Financial Officer Eric J. Dugas sold 2,788 shares of the company's common stock on February 20, 2026, at a price of $281.31, totaling $784,292, as reported in an insider trading disclosure. Following the transaction, Dugas directly owns 15,933 shares of Clean Harbors INC, maintaining a significant stake in the environmental services provider. The stock sale comes amid positive developments for the company, including a recent agreement to acquire Depot Connect International's Industrial Services and Rail Services business for approximately $130 million. This strategic expansion involves five locations across Ohio, Louisiana, and Texas, with the anticipated closing set for the first half of 2026. Clean Harbors has demonstrated strong financial performance, with its fourth-quarter 2025 results surpassing consensus estimates for both revenue and adjusted EBITDA. The company's Environmental Services business particularly showed notable growth, contributing to the positive financial outcome. In response to these developments, several investment firms have raised their price targets for Clean Harbors stock, reflecting confidence in the company's performance and future prospects. Needham increased its target to $308, Oppenheimer adjusted it to $300, BMO Capital set it at $310, and TD Cowen raised theirs to $320, citing the company's M&A potential and adjusted EBITDA estimates.

🏷️ Themes

Corporate Finance, M&A Activity, Market Performance

📚 Related People & Topics

Insider trading

Insider trading

Trading using nonpublic information

# Insider Trading **Insider trading** is the trading of a public company's stock or other securities (such as bonds or stock options) based on **material, nonpublic information** about the company. While the practice is common, its legality is subject to complex regulations that vary significantly ...

View Profile → Wikipedia ↗
Clean Harbors

Clean Harbors

American environmental company

Clean Harbors, Inc., headquartered in Norwell, Massachusetts, is a provider of waste management and industrial services for commercial customers, specializing in the collection, transportation, treatment and disposal of hazardous waste, but also offering services for non-hazardous waste. The company...

View Profile → Wikipedia ↗

Acquisition

Topics referred to by the same term

Acquisition may refer to:

View Profile → Wikipedia ↗

Entity Intersection Graph

Connections for Insider trading:

🌐 SEC filing 17 shared
🌐 Restricted stock 4 shared
👤 New York Stock Exchange 3 shared
🌐 EVP 3 shared
🌐 Vice president 3 shared
View full profile

Mentioned Entities

Insider trading

Insider trading

Trading using nonpublic information

Clean Harbors

Clean Harbors

American environmental company

Acquisition

Topics referred to by the same term

Deep Analysis

Why It Matters

Clean Harbors' CFO selling shares indicates insider confidence while the company reports strong earnings and a $130M acquisition, signaling a positive outlook for the stock.

Context & Background

  • CFO Eric J. Dugas sold 2,788 shares worth $784k
  • Company reported Q4 2025 earnings beating estimates
  • Acquisition of Depot Connect International's services for $130M
  • Analysts raised price targets to $308-$320
  • Guidance for FY2026 net income above expectations

What Happens Next

The acquisition is expected to close in the first half of 2026, expanding Clean Harbors' footprint in Ohio, Louisiana, and Texas. With analysts' bullish targets and strong free cash flow guidance, investors may see continued upward pressure on the stock. The company will likely focus on integrating the new services and pursuing additional M&A opportunities.

Frequently Asked Questions

Why did the CFO sell shares?

Insider sales are common and not necessarily a sign of negative sentiment; the CFO may have been meeting personal financial planning needs.

What does the $130M acquisition mean for Clean Harbors?

It expands the company's industrial services portfolio and adds new locations, potentially boosting revenue and market share.

How might the stock react to these developments?

Analysts have raised price targets, suggesting confidence; the stock could see upward movement if earnings and integration progress meet expectations.

}
Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Trump imposes new 10% global levy as SCOTUS strikes down sweeping tariffs Stocks end higher after SCOTUS tariff ruling, S&P 500 snaps two-week losing streak Gold rises, silver jumps after disappointing economic data, SCOTUS tariff ruling U.S. military operation in Iran "likely at this stage," Raymond James says (South Africa Philippines Nigeria) Clean Harbors EVP Dugas sells $784k in shares By Investing.com Insider Trading Published 02/21/2026, 12:01 AM Clean Harbors EVP Dugas sells $784k in shares 0 CLH 1.19% Clean Harbors INC (NYSE:CLH) Executive Vice President and Chief Financial Officer Eric J. Dugas sold 2,788 shares of common stock on February 20, 2026, at a price of $281.31, totaling $784,292. Following the transaction, Dugas directly owns 15,933 shares of Clean Harbors INC. In other recent news, Clean Harbors has agreed to acquire Depot Connect International’s Industrial Services and Rail Services business for approximately $130 million. This transaction, involving five locations across Ohio, Louisiana, and Texas, is anticipated to close in the first half of 2026. Clean Harbors also reported strong fourth-quarter 2025 results, surpassing consensus estimates for both revenue and adjusted EBITDA, with notable growth in its Environmental Services business. Following these developments, Needham, Oppenheimer, and BMO Capital have all raised their price targets for Clean Harbors stock, reflecting confidence in the company’s performance and future prospects. Needham increased its price target to $308, while Oppenheimer adjusted its target to $300, and BMO Capital to $310, each maintaining a positive rating on the stock. TD Cowen also raised its price target to $320, citing the company’s M&A potential and adjusted EBITDA estimates. Clean Harbors has guided fiscal year 2026 net income and free cash flow midpoints above Street expectations. The company’s strong execution, improving demand, and strategic capital...
Read full article at source

Source

investing.com

More from USA

News from Other Countries

🇬🇧 United Kingdom

🇺🇦 Ukraine