Ameresco (NYSE:AMRC) Shares Gap Up Following Insider Buying Activity

Key Points

• Ameresco shares jumped after opening at $28.17 versus a prior close of $25.89, following recent insider purchases by Director Brian C. Cox and CEO George P. Sakellaris.
• Analyst sentiment is generally positive: Ameresco has a consensus “Moderate Buy” rating and a $43.33 average price target, although some firms maintain neutral or hold ratings.
• Ameresco reported quarterly EPS of $0.20 in line with estimates, while revenue of $515.46 million exceeded forecasts and rose 9.1% year over year; full-year 2026 EPS guidance is $1.15–$1.35.

Ameresco, Inc. (NYSE:AMRC - Get Free Report)'s stock price gapped up before the market opened on Wednesday following insider buying activity. The stock had previously closed at $25.89, but opened at $28.17. Ameresco shares last traded at $27.51, with a volume of 65,178 shares.

Specifically, Director Brian C. Cox purchased 39,700 shares of the firm's stock in a transaction on Monday, August 10th. The shares were purchased at an average cost of $25.07 per share, with a total value of $995,279.00. Following the purchase, the director owned 39,700 shares in the company, valued at approximately $995,279. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO George P. Sakellaris purchased 1,000 shares of the stock in a transaction on Monday, August 10th. The stock was acquired at an average price of $25.27 per share, with a total value of $25,270.00. Following the acquisition, the chief executive officer directly owned 994,597 shares in the company, valued at $25,133,466.19. This trade represents a 0.10% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In related news, CEO George P. Sakellaris acquired 5,000 shares of the business's stock in a transaction dated Friday, August 7th. The shares were acquired at an average cost of $25.95 per share, for a total transaction of $129,750.00. Following the acquisition, the chief executive officer directly owned 993,597 shares in the company, valued at approximately $25,783,842.15. The trade was a 0.51% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website.

Analyst Ratings Changes

AMRC has been the subject of a number of recent analyst reports. Guggenheim began coverage on shares of Ameresco in a report on Friday, May 22nd. They issued a "neutral" rating for the company. Wall Street Zen upgraded shares of Ameresco from a "sell" rating to a "hold" rating in a report on Saturday. Zacks Research raised shares of Ameresco from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 4th. Canaccord Genuity Group upped their price objective on Ameresco from $59.00 to $62.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. Finally, UBS Group increased their target price on Ameresco from $28.00 to $32.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Ameresco has a consensus rating of "Moderate Buy" and a consensus target price of $43.33.

Ameresco Price Performance

The stock has a market cap of $1.45 billion, a PE ratio of 52.78, a price-to-earnings-growth ratio of 1.85 and a beta of 2.62. The company has a quick ratio of 1.66, a current ratio of 1.67 and a debt-to-equity ratio of 1.33. The company's fifty day moving average is $25.68 and its 200 day moving average is $28.12.

Ameresco (NYSE:AMRC - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The utilities provider reported $0.20 EPS for the quarter, hitting analysts' consensus estimates of $0.20. Ameresco had a return on equity of 2.82% and a net margin of 1.40%.The business had revenue of $515.46 million during the quarter, compared to the consensus estimate of $465.18 million. During the same period last year, the firm earned $0.27 earnings per share. The company's revenue for the quarter was up 9.1% compared to the same quarter last year. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. As a group, sell-side analysts anticipate that Ameresco, Inc. will post 1.24 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ameresco

Institutional investors have recently made changes to their positions in the company. State of Wyoming bought a new position in Ameresco during the fourth quarter worth $27,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Ameresco during the fourth quarter worth $48,000. Fifth Third Bancorp bought a new position in shares of Ameresco in the 1st quarter worth about $44,000. Summit Securities Group LLC bought a new position in shares of Ameresco in the 4th quarter worth about $55,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Ameresco in the 4th quarter valued at about $69,000. 99.24% of the stock is currently owned by institutional investors.

Ameresco Company Profile

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.

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