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
01 May 26	SellUS$830,145	Munish Nanda	Individual	11,218	US$74.00
29 Apr 26	BuyUS$1,101,490	Richard Wallman	Individual	15,000	US$73.80
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

Insider Trading Volume

Insider Buying: CECO 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	568,527	1.54%
Individual Insiders	2,659,070	7.19%
Private Companies	2,770,546	7.49%
Institutions	30,995,891	83.8%

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

Top Shareholders

Top 25 shareholders own 73.98% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.72%	Icarus Investment Corp.	2,770,546	US$217.0m	0%	no data
6.49%	FMR LLC	2,327,502	US$182.3m	5.38%	0.01%
6.37%	BlackRock, Inc.	2,285,277	US$179.0m	0%	no data
6%	T. Rowe Price Group, Inc.	2,153,215	US$168.6m	192%	0.01%
5.28%	American Century Investment Management Inc	1,894,177	US$148.4m	-7.07%	0.05%
4.96%	The Vanguard Group, Inc.	1,780,596	US$139.5m	0%	no data
3.98%	Jason DeZwirek	1,427,565	US$111.8m	0%	no data
2.94%	Capital Research and Management Company	1,055,080	US$82.6m	0%	no data
2.68%	Two Sigma Investments, LP	959,698	US$75.2m	82.6%	0.06%
2.53%	Janus Henderson Group plc	907,782	US$71.1m	-1.54%	0.02%
2.52%	Dimensional Fund Advisors LP	903,291	US$70.7m	0.87%	0.01%
2.39%	Geode Capital Management, LLC	856,133	US$67.1m	17.3%	no data
2.33%	Emerald Advisers, LLC	837,022	US$65.6m	16.4%	1.11%
2.31%	Royce & Associates, LP	827,781	US$64.8m	11.8%	0.55%
2.09%	Luther King Capital Management Corporation	750,083	US$58.7m	-21.1%	0.24%
1.83%	State Street Global Advisors, Inc.	657,349	US$51.5m	0.99%	no data
1.78%	Thrivent Investment Management Inc.	640,006	US$50.1m	-4.78%	0.08%
1.78%	Driehaus Capital Management LLC	639,892	US$50.1m	10.3%	0.23%
1.58%	IES Holdings, Inc.	568,527	US$44.5m	101%	no data
1.26%	Todd Gleason	452,464	US$35.4m	9.66%	no data
1.16%	Lord, Abbett & Co. LLC	414,400	US$32.5m	105%	0.09%
1.12%	Legal & General Investment Management Limited	400,472	US$31.4m	-4.25%	0.01%
1.08%	Needham Investment Management, LLC	387,500	US$30.3m	29.8%	1.16%
0.91%	Morgan Stanley	327,012	US$25.6m	24.6%	no data
0.88%	Richard Wallman	315,409	US$24.7m	8.53%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/20 17:24
End of Day Share Price	2026/05/20 00:00
Earnings	2026/03/31
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. 5 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.