CECO Environmental Ownership

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

Recent Insider Transactions

NasdaqGS:CECO Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
05 Sep 25	BuyUS$140,800	Richard Wallman	Individual	3,000	US$46.93
29 Aug 25	BuyUS$199,125	Richard Wallman	Individual	4,500	US$44.25
31 Jul 25	SellUS$4,298,327	Jason DeZwirek	Individual	100,000	US$43.79
30 Jul 25	SellUS$830,247	Claudio Mannarino	Individual	20,000	US$41.98
31 Mar 25	SellUS$512,933	Peter Johansson	Individual	22,500	US$22.80
27 Mar 25	SellUS$135,264	Peter Johansson	Individual	5,601	US$24.15

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of CECO?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	283,432	0.795%
General Public	480,242	1.35%
Individual Insiders	2,590,211	7.26%
Private Companies	2,770,546	7.77%
Institutions	29,541,382	82.8%

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

Top Shareholders

Top 25 shareholders own 69.7% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.77%	Icarus Investment Corp.	2,770,546	US$145.5m	0%	no data
6.41%	BlackRock, Inc.	2,285,359	US$120.0m	2.29%	no data
6.19%	FMR LLC	2,208,643	US$116.0m	4.16%	0.01%
5.72%	American Century Investment Management Inc	2,038,312	US$107.1m	62%	0.04%
4.99%	The Vanguard Group, Inc.	1,780,596	US$93.5m	0.56%	no data
4%	Jason DeZwirek	1,427,565	US$75.0m	0%	no data
2.96%	Capital Research and Management Company	1,055,080	US$55.4m	-37%	no data
2.67%	Luther King Capital Management Corporation	951,199	US$50.0m	-15.5%	0.21%
2.59%	Janus Henderson Group plc	922,000	US$48.4m	0.21%	0.02%
2.51%	Dimensional Fund Advisors LP	895,540	US$47.0m	-8.28%	0.01%
2.08%	Royce & Associates, LP	740,687	US$38.9m	-10.2%	0.35%
2.06%	T. Rowe Price Group, Inc.	736,379	US$38.7m	100%	no data
2.05%	Geode Capital Management, LLC	729,700	US$38.3m	1.21%	no data
2.02%	Emerald Advisers, LLC	719,123	US$37.8m	276%	0.71%
1.98%	William Blair Investment Management, LLC	706,273	US$37.1m	2.99%	0.05%
1.88%	Thrivent Investment Management Inc.	672,147	US$35.3m	36.3%	0.06%
1.82%	State Street Global Advisors, Inc.	650,886	US$34.2m	0.18%	no data
1.7%	Wellington Management Group LLP	607,417	US$31.9m	-18.6%	0.01%
1.63%	Driehaus Capital Management LLC	579,950	US$30.5m	11.9%	0.15%
1.47%	Two Sigma Investments, LP	525,567	US$27.6m	73.6%	0.05%
1.17%	Legal & General Investment Management Limited	418,255	US$22.0m	2.97%	no data
1.16%	Todd Gleason	412,611	US$21.7m	0%	no data
1.03%	First Eagle Investment Management, LLC	366,867	US$19.3m	-15.5%	0.02%
0.93%	UBS Asset Management AG	332,625	US$17.5m	196%	no data
0.92%	Loomis Sayles & Company, L.P.	327,509	US$17.2m	-0.07%	0.02%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/03/09 11:49
End of Day Share Price	2026/03/09 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

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.