This is a rare, high-conviction insider accumulation by a 10% owner. Monitor for any subsequent 13D amendment or public statement from Cascade Investment explaining the rationale. The buying pattern suggests a long-term bullish view on RSG's fundamentals or strategic value.
Price Chart
Executive Summary
Cascade Investment, L.L.C., a 10% owner of Republic Services, executed a massive open-market buying spree totaling approximately $312.5 million across 1.4 million shares over eight trading days (Aug 27 – Sep 3). This is a conviction-level accumulation by a single major insider, representing roughly 0.45% of RSG's market cap, and is a strong bullish signal per the insider-buy literature.
Key Financial Metrics
Key Facts
- Cascade Investment (10% owner) purchased ~1.4M shares in 20 open-market trades over 8 days.
- Total purchase value: ~$312.5 million at prices ranging from $219.41 to $224.02.
- The buying is concentrated and aggressive, with no offsetting sales by any insider.
- This is a single-insider conviction buy by a 10% owner, exceeding the $100K threshold by orders of magnitude.
Financial Impact
~$312.5M in open-market purchases, representing ~0.45% of RSG's market cap.
Risk Factors
- Insider buying does not guarantee short-term price appreciation; the stock may still face macro or sector headwinds.
- Cascade Investment is a 10% owner; their buying may be for portfolio rebalancing or control purposes, not necessarily a signal of near-term earnings upside.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001104659-26-105908 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 6w ago | Insider Buy | $223.04 $219.80 | ▼ −1.45% | ▼ −1.01% | $235.60 (+5.63%) |
Sep 10, 2026 6w ago | Insider Buy | $222.74 $225.85 | ▲ +1.40% | ▲ +1.84% | $235.60 (+5.77%) |
Sep 8, 2026 6w ago | Insider Buy | $222.47 $221.08 | ▼ −0.62% | ▼ −0.03% | $235.60 (+5.90%) |
Sep 3, 2026 7w ago | Insider Buy | $222.71 $221.63 | ▼ −0.48% | ▲ +0.06% | $235.60 (+5.79%) |
Sep 1, 2026 7w ago | Insider Buy | $222.52 $225.12 | ▲ +1.17% | ▲ +0.12% | $235.60 (+5.88%) |
Aug 28, 2026 8w ago | Insider Buy | $220.92 $223.29 | ▲ +1.07% | ▲ +1.76% | $235.60 (+6.64%) |
Aug 24, 2026 9w ago | Insider Buy | $220.96 $222.18 | ▲ +0.55% | ▲ +0.53% | $235.60 (+6.62%) |
Aug 20, 2026 9w ago | Insider Buy | $220.67 $223.08 | ▲ +1.09% | ▲ +1.39% | $235.60 (+6.76%) |
Aug 18, 2026 9w ago | Insider Buy | $220.32 $218.79 | ▼ −0.70% | ▲ +0.14% | $235.60 (+6.93%) |
Aug 14, 2026 10w ago | Insider Buy | $215.26 $216.97 | ▲ +0.79% | ▲ +1.47% | $235.60 (+9.45%) |
US Market Status
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