Bill Gates' Cascade Investment buys over $100M of Republic Services stock near 52-week lows
RSG is trading near its 52-week low of $196.41 (3.7% above the low).
Summary
Cascade Investment, associated with Bill Gates, purchased over $100 million of Republic Services common stock in open market transactions, with shares acquired near the company's 52-week low.
Key Events · Ownership and Investor Activity · RSG
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Significant Insider Purchase
Cascade Investment, L.L.C., a 10% owner associated with Bill Gates, acquired 499,150 shares of Republic Services common stock for a total value of $100,528,322.
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Purchases Near 52-Week Lows
The transactions occurred between May 11 and May 13, 2026, at prices ranging from $197.18 to $203.67, close to the company's 52-week low of $196.41.
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Major Investor Confidence
This substantial open market purchase by a prominent 10% owner indicates a strong vote of confidence in the company's valuation and future outlook.
Analysis · RSG · Energy & Transportation
This Form 4 filing reveals a significant open market purchase of Republic Services stock by Cascade Investment, L.L.C., an entity associated with Bill Gates, who is a 10% owner. The acquisition of over $100 million in shares, particularly when the stock is trading near its 52-week low, suggests strong conviction from a major long-term investor. This substantial investment could be interpreted as a bullish signal, reinforcing confidence in the company's future prospects following recent strong earnings reports.
At the time of this filing, RSG was trading at $203.67 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $62.7B. The 52-week trading range was $196.41 to $258.75. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.