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Calamos Advisors LLC Sells 85,135 Shares of Waste Management, Inc. $WM
Calamos Advisors LLC reduced its stake in Waste Management, Inc. by 30.5% in the fourth quarter, selling 85,135 shares and holding 193,919 shares valued at $42.6 million. Despite this, institutional investors collectively own 80.40% of the stock. Several analysts have raised their price targets and issued “buy” or “overweight” ratings for Waste Management, while company insiders have also sold a significant number of shares recently.