Clean Harbors Executive Sells Shares Amid Mixed Financial Signals

Clean Harbors US1844961078

A recent regulatory filing has revealed that Eric Gerstenberg, co-CEO of environmental services provider Clean Harbors, sold a portion of his direct holdings in the company. The transaction, executed on Tuesday, involved 601 shares at an average price of $240.90, generating proceeds of approximately $145,000.

Following this sale, Gerstenberg's direct stake in the company decreased by 1.18 percent. He now retains ownership of 50,454 shares. This insider transaction occurs against a backdrop of contrasting financial performance and guidance from the company.

Clean Harbors recently reported third-quarter 2025 results that fell short of analyst consensus for both earnings and revenue. However, management subsequently raised its full-year outlook for adjusted EBITDA and free cash flow. This upward revision in forward guidance appears to underpin the prevailing positive sentiment among market researchers.

Analyst Sentiment and Institutional Ownership

Despite the insider sale and the recent earnings miss, the predominant analyst view on Clean Harbors remains favorable. The current consensus rating across covering firms is "Moderate Buy." An aggregate price target derived from fifteen institutions stands near $250 per share.

A detailed breakdown of analyst recommendations shows:
* Six "Buy" and two "Strong Buy" ratings
* Six "Hold" recommendations
* One "Sell" rating

Institutional investors continue to hold a dominant position, controlling approximately 90 percent of the company's outstanding shares.

Market attention is now turning to the forthcoming release of full-year 2025 results, anticipated in mid-February 2026. Current analyst forecasts project annual earnings per share to be around $7.25.