This concentrated buying by a major 10% owner signals strong conviction in RSG's valuation. Traders should monitor for potential catalysts (earnings, M&A, or strategic initiatives) and consider the positive historical drift from insider buys at this company. The buying cluster amplifies the signal — watch for follow-on filings or corporate announcements.
Price Chart
Executive Summary
Cascade Investment, L.L.C., a 10% owner of Republic Services (RSG), executed a massive open-market buying spree totaling $325.84M over August 25–September 1, 2026, with an additional ~$73.5M in purchases on September 2 per cross-filing context. This represents approximately 0.59% of RSG's $68.1B market cap and is a strong vote of confidence from a major shareholder.
Key Financial Metrics
Key Facts
- Cascade Investment purchased $325.84M of RSG common stock in open-market transactions over Aug 25–Sep 1.
- Additional $73.5M in purchases on Sep 2 bring the total to ~$399M (0.59% of market cap).
- All transactions were open-market buys (code P) by a 10% owner, no C-suite involvement.
- RSG has a 55% analyst bullish consensus and strong institutional ownership (BlackRock, Vanguard, State Street).
Financial Impact
~$399M in open-market purchases by a 10% owner, representing 0.59% of RSG's $68.1B market cap.
Risk Factors
- Insider buying does not guarantee short-term price appreciation; market conditions or sector headwinds could offset the signal.
- Cascade is a 10% owner, not management; its buying may reflect portfolio allocation rather than operational insight.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001104659-26-105062 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 17d ago | Insider Buy | $223.04 $213.88 | ▼ −4.11% | ▼ −6.23% | $208.98 (−6.30%) |
Sep 10, 2026 22d ago | Insider Buy | $221.08 $218.93 | ▼ −0.97% | ▼ −0.47% | $208.98 (−5.47%) |
Sep 3, 2026 29d ago | Insider Buy | $225.12 $222.74 | ▼ −1.06% | ▲ +0.09% | $208.98 (−7.17%) |
Sep 1, 2026 4w ago | Insider Buy | $223.29 $222.47 | ▼ −0.37% | ▼ −0.45% | $208.98 (−6.41%) |
Aug 28, 2026 4w ago | Insider Buy | $220.92 $221.63 | ▲ +0.32% | ▲ +0.46% | $208.98 (−5.40%) |
Aug 24, 2026 5w ago | Insider Buy | $223.08 $220.92 | ▼ −0.97% | ▼ −1.44% | $208.98 (−6.32%) |
Aug 20, 2026 6w ago | Insider Buy | $219.50 $219.27 | ▼ −0.10% | ▼ −1.22% | $208.98 (−4.79%) |
Aug 18, 2026 6w ago | Insider Buy | $216.97 $220.96 | ▲ +1.84% | ▲ +2.04% | $208.98 (−3.68%) |
Aug 14, 2026 6w ago | Insider Buy | $215.26 $223.08 | ▲ +3.63% | ▲ +4.82% | $208.98 (−2.92%) |
Aug 12, 2026 7w ago | Insider Buy | $214.26 $221.04 | ▲ +3.16% | ▲ +3.61% | $208.98 (−2.46%) |
US Market Status
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