New insider activity at Ceco Environmental ( (CECO) ) has taken place on April 3, 2025.
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Peter K. Johansson, the Senior Vice President and Chief Financial and Strategy Officer at Ceco Environmental, recently executed a significant transaction by selling 23,153 shares of the company’s stock. This sale amounted to a total value of $527,663.
Recent Updates on CECO stock
CECO Environmental recently completed the divestiture of its Fluid Handling business to May River Capital for approximately $110 million, which will be used to reduce debt and fund strategic growth investments. This move is part of CECO’s strategy to focus on its core businesses and enhance its financial position. Despite the positive outlook and record bookings reported by the company, Northland lowered CECO’s price target, citing concerns over market conditions and potential challenges in achieving projected growth. However, analysts remain optimistic about CECO’s strong market position and growth potential, affirming a buy rating due to the company’s strategic initiatives and positive 2025 outlook.
More about Ceco Environmental
YTD Price Performance: -26.46%
Average Trading Volume: 296,783
Technical Sentiment Signal: Sell
Current Market Cap: $797.8M