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Ceco CEO Gleason sells shares worth $15.1 million

Published 23/09/2025, 01:58
Ceco CEO Gleason sells shares worth $15.1 million
CECO
-2.35%

On those same dates, Gleason also exercised options to acquire a total of 299,999 shares of Ceco Environmental common stock at a price of $12.72 per share, for a total value of $3,816,000. For deeper insights into insider trading patterns and comprehensive valuation metrics, InvestingPro subscribers can access detailed research reports covering 1,400+ US stocks, including CECO Environmental. For deeper insights into insider trading patterns and comprehensive valuation metrics, InvestingPro subscribers can access detailed research reports covering 1,400+ US stocks, including CECO Environmental.

On those same dates, Gleason also exercised options to acquire a total of 299,999 shares of Ceco Environmental common stock at a price of $12.72 per share, for a total value of $3,816,000.

In other recent news, CECO Environmental Corp reported impressive second-quarter earnings, surpassing analyst expectations. The company posted adjusted earnings per share of $0.24, exceeding the projected $0.18 by 33%. Revenue reached $185.4 million, outstripping the consensus estimate of $178.66 million and marking a 35% increase from the previous year. Following these strong financial results, CECO Environmental also raised its guidance, which has garnered positive attention from investors. Analysts have responded favorably, with Needham raising its price target for the company to $52, maintaining a Buy rating. Similarly, H.C. Wainwright increased its price target significantly to $55 from $33, also maintaining a Buy rating. H.C. Wainwright cited CECO’s diversified revenue base and strong market conditions as reasons for the optimistic outlook. Both firms have highlighted the company’s robust order growth and strategic M&A activities as key factors in its continued success. These recent developments underscore the positive momentum for CECO Environmental in the current market.

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