Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Bill Gates’ Buying Spree of Republic Services, Inc. (RSG) Stock

For the past week, Bill Gates‘ investment arm, Cascade Investment has been consistently reporting acquiring more shares of Republic Services, Inc. (NYSE:RSG). Overall, since June 12, in several Form 4 filings, Cascade reported the acquisition of an aggregate amount of around 1.58 million shares, at prices ranging between approximately $36.60 and $37.20 apiece. According to the latest filing, Cascade currently holds directly 91.21 million shares of Republic Services, which account for 25.60% of the company’s outstanding common stock.

Republic Services, Inc. (NYSE:RSG) is a $13.30 billion market cap company engaged in the domestic non-hazardous solid waste industry. For the first quarter of the year, the company reported a solid increase in EPS to $0.37 from $0.34 a year ago. Aside from Cascade Investment, Bill and Melinda Gates Foundation Trust, where Mr. Gates is a trustee, has also disclosed ownership of 1.35 million shares of Republic Services, Inc. (NYSE:RSG).

Disclosure: none

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!