Nickolas Stavropoulos Sells 1,355 Shares of Ameresco (NYSE:AMRC) Stock

Ameresco, Inc. (NYSE:AMRC) Director Nickolas Stavropoulos sold 1,355 shares of Ameresco stock in a transaction on Friday, May 15th. The shares were sold at an average price of $34.00, for a total value of $46,070.00. Following the sale, the director directly owned 14,111 shares of the company’s stock, valued at approximately $479,774. The trade was a 8.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nickolas Stavropoulos also recently made the following trade(s):

• On Thursday, February 19th, Nickolas Stavropoulos sold 400 shares of Ameresco stock. The shares were sold at an average price of $34.00, for a total value of $13,600.00.
• On Friday, February 20th, Nickolas Stavropoulos sold 15,700 shares of Ameresco stock. The shares were sold at an average price of $34.15, for a total value of $536,155.00.

Ameresco Stock Down 6.5%

AMRC traded down $2.01 during trading on Tuesday, reaching $29.01. 925,437 shares of the stock traded hands, compared to its average volume of 569,596. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 50.01, a price-to-earnings-growth ratio of 2.58 and a beta of 2.55. Ameresco, Inc. has a fifty-two week low of $12.95 and a fifty-two week high of $44.93. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.49 and a quick ratio of 1.48. The stock’s 50-day simple moving average is $27.26 and its two-hundred day simple moving average is $30.36.

Ameresco (NYSE:AMRC) last released its quarterly earnings data on Monday, May 4th. The utilities provider reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.06). The firm had revenue of $401.46 million for the quarter, compared to analyst estimates of $362.92 million. Ameresco had a net margin of 1.59% and a return on equity of 3.33%. Ameresco’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the previous year, the business posted ($0.11) EPS. Ameresco has set its FY 2026 guidance at 1.060-1.280 EPS. As a group, equities research analysts expect that Ameresco, Inc. will post 1.09 EPS for the current year.

Wall Street Analyst Weigh In

AMRC has been the subject of a number of research reports. Robert W. Baird reduced their price objective on Ameresco from $44.00 to $36.00 and set an “outperform” rating for the company in a research report on Tuesday, May 5th. B. Riley Financial boosted their price target on Ameresco from $45.00 to $47.00 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Zacks Research cut Ameresco from a “hold” rating to a “strong sell” rating in a research report on Monday, May 4th. Cantor Fitzgerald boosted their price target on Ameresco from $41.00 to $45.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Weiss Ratings cut Ameresco from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, May 6th. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $42.56.

Institutional Trading of Ameresco

Institutional investors and hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC bought a new position in shares of Ameresco in the first quarter worth about $820,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Ameresco by 2.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,477 shares of the utilities provider’s stock worth $513,000 after purchasing an additional 884 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Ameresco by 23.6% in the first quarter. Goldman Sachs Group Inc. now owns 222,433 shares of the utilities provider’s stock worth $2,687,000 after purchasing an additional 42,499 shares during the period. Empowered Funds LLC bought a new position in shares of Ameresco in the first quarter worth about $1,187,000. Finally, Creative Planning bought a new position in shares of Ameresco in the second quarter worth about $153,000. Institutional investors and hedge funds own 99.24% of the company’s stock.

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.