Ameresco (NYSE:AMRC) CEO George Sakellaris Acquires 1,000 Shares of Stock

Ameresco, Inc. (NYSE:AMRC) CEO George Sakellaris bought 1,000 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was purchased at an average price of $25.27 per share, with a total value of $25,270.00. Following the transaction, the chief executive officer owned 994,597 shares in the company, valued at approximately $25,133,466.19. This represents a 0.10% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Ameresco Stock Performance

Shares of NYSE AMRC traded up $0.72 during trading on Tuesday, reaching $26.00. The stock had a trading volume of 427,306 shares, compared to its average volume of 703,757. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.66 and a current ratio of 1.67. The stock has a market cap of $1.38 billion, a PE ratio of 50.01, a P/E/G ratio of 1.85 and a beta of 2.62. Ameresco, Inc. has a one year low of $18.38 and a one year high of $44.93. The firm’s 50 day moving average price is $25.68 and its two-hundred day moving average price is $28.12.

Ameresco (NYSE:AMRC) last released its quarterly earnings data on Monday, August 3rd. The utilities provider reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. The firm had revenue of $515.46 million during the quarter, compared to the consensus estimate of $465.18 million. Ameresco had a net margin of 1.40% and a return on equity of 2.82%. The firm’s revenue was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.27 earnings per share. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. On average, research analysts forecast that Ameresco, Inc. will post 1.24 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on AMRC shares. Robert W. Baird dropped their price objective on shares of Ameresco from $44.00 to $36.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 5th. Oppenheimer reaffirmed a “market perform” rating on shares of Ameresco in a report on Tuesday, August 4th. Weiss Ratings upgraded Ameresco from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. Wall Street Zen raised Ameresco from a “sell” rating to a “hold” rating in a report on Saturday. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of Ameresco in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Ameresco presently has a consensus rating of “Moderate Buy” and an average price target of $43.33.

Hedge Funds Weigh In On Ameresco

Several hedge funds and other institutional investors have recently made changes to their positions in AMRC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Ameresco by 2.4% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,501 shares of the utilities provider’s stock valued at $1,159,000 after acquiring an additional 799 shares during the period. KBC Group NV grew its stake in shares of Ameresco by 0.9% in the first quarter. KBC Group NV now owns 97,905 shares of the utilities provider’s stock worth $2,497,000 after purchasing an additional 891 shares in the last quarter. State of Wyoming bought a new stake in shares of Ameresco during the fourth quarter valued at about $27,000. Kuhn & Co Investment Counsel grew its position in Ameresco by 4.6% in the 4th quarter. Kuhn & Co Investment Counsel now owns 22,650 shares of the utilities provider’s stock valued at $663,000 after buying an additional 1,000 shares in the last quarter. Finally, Swiss National Bank increased its stake in Ameresco by 1.6% during the 3rd quarter. Swiss National Bank now owns 63,800 shares of the utilities provider’s stock valued at $2,142,000 after buying an additional 1,000 shares during the period. 99.24% of the stock is currently owned by institutional investors and hedge funds.

About Ameresco

Ameresco, Inc is a leading independent provider of comprehensive energy efficiency and renewable energy solutions for businesses and governments across North America, Europe and other select markets. Its integrated services portfolio includes energy efficiency retrofits, infrastructure upgrades, distributed generation systems and facility-scale renewable projects. Leveraging performance-based contracting models, Ameresco designs, finances, installs and maintains energy improvements intended to reduce operational costs, mitigate environmental impact and enhance resiliency for its clients.

Founded in 2000 and headquartered in Framingham, Massachusetts, Ameresco has completed thousands of projects spanning solar, wind, geothermal, biomass, landfill gas‐to‐energy, energy storage and microgrid installations.