Ameresco Inc (NYSE:AMRC) insider Louis P. Maltezos sold 5,000 shares of Ameresco stock in a transaction that occurred on Wednesday, September 19th. The stock was sold at an average price of $13.58, for a total transaction of $67,900.00. Following the completion of the transaction, the insider now owns 35,000 shares of the company’s stock, valued at approximately $475,300. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Ameresco stock opened at $13.40 on Friday. Ameresco Inc has a 52-week low of $7.55 and a 52-week high of $15.35. The company has a quick ratio of 1.53, a current ratio of 1.57 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $610.72 million, a P/E ratio of 17.63, a PEG ratio of 1.07 and a beta of 0.84.

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 analysts’ consensus estimates of $0.10 by $0.09. Ameresco had a net margin of 6.15% and a return on equity of 13.83%. The company had revenue of $196.98 million during the quarter, compared to the consensus estimate of $182.50 million. During the same quarter in the previous year, the firm earned $0.13 earnings per share. The firm’s quarterly revenue was up 18.2% on a year-over-year basis. equities research analysts anticipate that Ameresco Inc will post 0.71 EPS for the current fiscal year.

Separately, ValuEngine upgraded shares of Ameresco from a “hold” rating to a “buy” rating in a research note on Monday, July 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. Ameresco has a consensus rating of “Buy” and a consensus target price of $12.63.

A number of institutional investors have recently modified their holdings of AMRC. Bandera Partners LLC purchased a new position in Ameresco in the first quarter worth approximately $4,809,000. First Trust Advisors LP lifted its position in shares of Ameresco by 623.5% during the 2nd quarter. First Trust Advisors LP now owns 189,623 shares of the utilities provider’s stock worth $2,275,000 after buying an additional 163,413 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Ameresco by 12.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,289,714 shares of the utilities provider’s stock worth $15,476,000 after buying an additional 146,253 shares during the last quarter. BlackRock Inc. lifted its position in shares of Ameresco by 13.3% during the 2nd quarter. BlackRock Inc. now owns 970,738 shares of the utilities provider’s stock worth $11,649,000 after buying an additional 114,297 shares during the last quarter. Finally, EAM Global Investors LLC purchased a new stake in shares of Ameresco during the 1st quarter worth approximately $1,306,000. Institutional investors own 27.46% of the company’s stock.

About Ameresco

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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