CECO Environmental Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:WCE Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
05 Sep 25	Buy€119,877	Richard Wallman	Individual	3,000	€39.96
29 Aug 25	Buy€170,232	Richard Wallman	Individual	4,500	€37.83
31 Jul 25	Sell€3,757,597	Jason DeZwirek	Individual	100,000	€38.28
30 Jul 25	Sell€723,062	Claudio Mannarino	Individual	20,000	€36.56
31 Mar 25	Sell€474,565	Peter Johansson	Individual	22,500	€21.09
27 Mar 25	Sell€125,309	Peter Johansson	Individual	5,601	€22.37
26 Feb 25	Buy€359,483	Richard Wallman	Individual	15,000	€23.97

Insider Trading Volume

Insider Buying: WCE insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of WCE?
Owner Type	Number of Shares	Ownership Percentage
General Public	713,456	2%
Individual Insiders	2,559,596	7.18%
Private Companies	2,770,546	7.77%
Institutions	29,597,433	83%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 73.88% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.77%	Icarus Investment Corp.	2,770,546	€129.9m	0%	no data
6.29%	BlackRock, Inc.	2,240,656	€105.0m	-1.14%	no data
6.1%	FMR LLC	2,173,341	€101.9m	8.17%	0.01%
5.53%	Capital Research and Management Company	1,971,334	€92.4m	0%	no data
5.45%	Hood River Capital Management LLC	1,941,741	€91.0m	0.73%	1.14%
4.97%	The Vanguard Group, Inc.	1,770,756	€83.0m	0.95%	no data
4.01%	Jason DeZwirek	1,427,565	€66.9m	-6.55%	no data
3.36%	Dimensional Fund Advisors LP	1,198,796	€56.2m	-4.45%	0.01%
3.16%	Luther King Capital Management Corporation	1,125,322	€52.8m	-4.43%	0.25%
2.82%	Royce & Associates, LP	1,005,613	€47.1m	6.41%	0.48%
2.65%	William Blair Investment Management, LLC	945,897	€44.3m	4.91%	0.06%
2.64%	Janus Henderson Group plc	941,052	€44.1m	46.9%	0.02%
2.53%	Wellington Management Group LLP	901,602	€42.3m	66.4%	0.01%
2%	Geode Capital Management, LLC	712,331	€33.4m	2.67%	no data
1.85%	State Street Global Advisors, Inc.	657,581	€30.8m	1.26%	no data
1.83%	Legal & General Investment Management Limited	652,258	€30.6m	12.9%	0.01%
1.71%	Driehaus Capital Management LLC	610,048	€28.6m	4.88%	0.15%
1.69%	First Eagle Investment Management, LLC	601,478	€28.2m	2.24%	0.03%
1.38%	Thrivent Investment Management Inc.	493,255	€23.1m	-34.9%	0.05%
1.25%	Loomis Sayles & Company, L.P.	444,296	€20.8m	-0.37%	0.03%
1.16%	Todd Gleason	412,611	€19.3m	6.5%	no data
1.13%	Voya Investment Management LLC	403,266	€18.9m	-43.7%	0.02%
0.99%	Granahan Investment Management, LLC	352,091	€16.5m	10.9%	0.78%
0.84%	Richard Wallman	300,409	€14.1m	2.56%	no data
0.77%	RobecoSAM AG	276,163	€12.9m	-38.9%	0.17%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/11 15:45
End of Day Share Price	2025/11/10 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CECO Environmental Corp. is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Christopher Van Horn	B. Riley Securities, Inc.
John Quealy	Canaccord Genuity
Dale Pfau	Cantor Fitzgerald & Co.