In the last few years, Career Education Corp. (CECO
) has been hit hard by investigations, regulatory changes, and lawsuits. As the CECO stock price continues to decline from a February high of $5.04 to the current price of $2.60, investor Guru Richard Blum
, Blum Capital Partners, reduced his CECO stake again by 0.23% on March 18, 2013. This is the fifth time Blum has reduced his position this month, unloading 1,525,794 shares since March 4, 2013, when he began making a string of reductions. After his latest CECO trade, Richard Blum
holds current shares of 10,963,417. CECO’s current price is $2.60, with a 0% change from average.
Here's the CECO holding history of Investor Guru Richard Blum who achieved among the highest average return over 12 months in 2012, at 55.2%, according to the GuruFocus Score Board of Gurus
. Continue Reading »