CLS
Another fund wanted in on the Celestica story
Robeco Institutional Asset Management B.V. disclosed that it bought 6,960 more shares of Celestica in the latest quarter, lifting its position to 41,729 shares worth roughly $12.34 million. That’s a 20% bump, which is basically the investing version of saying, “Yeah, we’ll have seconds.”
Why this matters for your portfolio
Celestica has been on a serious run, opening around $384 and brushing up against a 52-week high near $392. So when a big institution adds more shares, it can read like a vote of confidence in the company’s AI/data-center momentum — but it can also be a reminder that great stocks often keep finding new believers after the easy money is gone.
The less-glamorous part of the file
There’s a wrinkle here: insiders have been heading for the exits. President Jason Phillips sold 100,000 shares in early February, Todd C. Cooper sold 89,484, and insiders have unloaded roughly 297,923 shares over the past three months. That kind of selling doesn’t automatically mean trouble, but it does make you squint a little harder when the valuation already looks rich.
Big picture
Robeco’s move is a fresh reminder that institutional investors still want a piece of Celestica’s growth story. But with the stock near the top of its range and insiders trimming exposure, this one has a little “great company, not exactly a cheap date” energy.