Navellier & Associates Inc. has acquired a new position in CECO Environmental Corp. (NASDAQ:CECO), purchasing 28,595 shares valued at approximately $1.46 million in the third quarter. Institutional investors now collectively own 68.08% of the company’s stock, with William Blair Investment Management LLC holding a significant stake. Wall Street analysts have a “Moderate Buy” consensus rating for CECO with a target price of $64.75, and the stock is currently trading near its 1-year high with a market capitalization of $2.62 billion.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Navellier & Associates Inc. Takes Position in CECO Environmental Corp. $CECO
Navellier & Associates Inc. has acquired a new position in CECO Environmental Corp. (NASDAQ:CECO), purchasing 28,595 shares valued at approximately $1.46 million in the third quarter. Institutional investors now collectively own 68.08% of the company’s stock, with William Blair Investment Management LLC holding a significant stake. Wall Street analysts have a “Moderate Buy” consensus rating for CECO with a target price of $64.75, and the stock is currently trading near its 1-year high with a market capitalization of $2.62 billion.