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Director Jason Dezwirek of CECO Environmental Corp (NASDAQ:CECO) sold a total of 100,010 shares of common stock on July 30 and 31, 2025, according to a recent SEC Form 4 filing. The sales, conducted under the transaction code "S," resulted in a total value of $4,298,326. The timing is notable as CECO’s stock has shown remarkable strength, with a 29.8% gain in the past week and currently trading near its 52-week high of $44.97.
On July 30, Dezwirek sold 43,685 shares at a weighted average price of $43.0859, in a price range of $42.65 to $43.63; 21,986 shares at a weighted average price of $42.3404, in a price range of $41.68 to $42.63; and 4,329 shares at a weighted average price of $41.3614, in a price range of $40.69 to $41.61. On July 31, Dezwirek sold 19,617 shares at a weighted average price of $43.7888, in a price range of $43.34 to $44.34; and 10,383 shares at a weighted average price of $43.0670, in a price range of $42.74 to $43.30. According to InvestingPro data, technical indicators suggest the stock is currently in overbought territory.
The shares were indirectly held by 0to100 Inc. Following these transactions, Dezwirek continues to indirectly hold 200,000 shares through 0to100 Inc., and directly holds 1,233,865 shares. Additionally, 2,770,546 shares are held by Icarus Investment Corp. With CECO’s market capitalization now at $1.55 billion, InvestingPro offers 18 additional investment tips and comprehensive analysis in its Pro Research Report, helping investors make informed decisions about this rapidly growing environmental solutions company.
In other recent news, CECO Environmental Corp reported second-quarter earnings that significantly exceeded analyst expectations. The company announced adjusted earnings per share of $0.24, which surpassed the anticipated $0.18, marking a 33% beat. Revenue also saw a substantial increase, reaching $185.4 million, compared to the consensus estimate of $178.66 million, representing a 35% year-over-year growth. Following these robust financial results, H.C. Wainwright raised its price target for CECO Environmental from $33 to $55, while maintaining a Buy rating on the stock. The firm highlighted the company’s strong financial performance and positive outlook as reasons for the upgraded price target. Additionally, H.C. Wainwright cited CECO Environmental’s diversified revenue base, margin strength, and successful mergers and acquisitions as factors contributing to its growth. These developments reflect a positive trajectory for CECO Environmental, as it continues to benefit from favorable market conditions.
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