Ameresco Inc (NYSE:AMRC) insider Louis P. Maltezos sold 5,000 shares of the business’s stock in a transaction dated Wednesday, September 19th. The shares were sold at an average price of $13.58, for a total transaction of $67,900.00. Following the transaction, the insider now directly owns 35,000 shares in the company, valued at approximately $475,300. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

AMRC traded down $0.08 on Friday, hitting $12.07. The company had a trading volume of 147,671 shares, compared to its average volume of 128,662. The firm has a market cap of $624.45 million, a P/E ratio of 15.88, a price-to-earnings-growth ratio of 1.10 and a beta of 0.79. Ameresco Inc has a 1 year low of $7.55 and a 1 year high of $15.35. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.63.

Ameresco (NYSE:AMRC) last issued its quarterly earnings results on Tuesday, August 7th. The utilities provider reported $0.19 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.09. The company had revenue of $196.98 million for the quarter, compared to analyst estimates of $182.50 million. Ameresco had a net margin of 6.15% and a return on equity of 13.83%. The business’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.13 earnings per share. Equities research analysts forecast that Ameresco Inc will post 0.71 earnings per share for the current year.

Several research analysts have recently weighed in on AMRC shares. ValuEngine cut shares of Ameresco from a “buy” rating to a “hold” rating in a research report on Thursday, October 4th. Roth Capital lowered shares of Ameresco from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $15.00 to $14.00 in a report on Thursday, October 4th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. Ameresco currently has an average rating of “Hold” and a consensus target price of $12.88.

Large investors have recently modified their holdings of the business. Royce & Associates LP increased its stake in Ameresco by 4.5% during the second quarter. Royce & Associates LP now owns 596,149 shares of the utilities provider’s stock worth $7,154,000 after purchasing an additional 25,500 shares during the period. Gagnon Securities LLC increased its stake in Ameresco by 5.6% during the second quarter. Gagnon Securities LLC now owns 984,235 shares of the utilities provider’s stock worth $11,811,000 after purchasing an additional 52,524 shares during the period. First Trust Advisors LP increased its stake in Ameresco by 623.5% during the second quarter. First Trust Advisors LP now owns 189,623 shares of the utilities provider’s stock worth $2,275,000 after purchasing an additional 163,413 shares during the period. Sei Investments Co. purchased a new stake in Ameresco during the second quarter worth about $206,000. Finally, Gagnon Advisors LLC increased its stake in Ameresco by 4.7% during the second quarter. Gagnon Advisors LLC now owns 632,952 shares of the utilities provider’s stock worth $7,595,000 after purchasing an additional 28,628 shares during the period. Institutional investors own 27.46% of the company’s stock.

Ameresco Company Profile

Ameresco, Inc provides comprehensive energy services for businesses and organizations in North America and Europe. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions. The company operates through U.S. Regions, U.S.

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Insider Buying and Selling by Quarter for Ameresco (NYSE:AMRC)

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