Ameresco, Inc. $AMRC Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC cut its stake in shares of Ameresco, Inc. (NYSE:AMRC) by 90.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,215 shares of the utilities provider’s stock after selling 127,805 shares during the period. SG Americas Securities LLC’s holdings in Ameresco were worth $362,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in AMRC. State of Wyoming purchased a new position in shares of Ameresco during the 4th quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd purchased a new stake in Ameresco in the fourth quarter valued at approximately $48,000. Summit Securities Group LLC purchased a new stake in Ameresco in the fourth quarter valued at approximately $55,000. Kemnay Advisory Services Inc. acquired a new position in Ameresco during the fourth quarter worth $69,000. Finally, Tower Research Capital LLC TRC lifted its stake in Ameresco by 99.4% during the second quarter. Tower Research Capital LLC TRC now owns 3,518 shares of the utilities provider’s stock worth $53,000 after purchasing an additional 1,754 shares in the last quarter. 99.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Jennifer L. Miller sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $32.27, for a total transaction of $322,700.00. Following the sale, the director directly owned 22,111 shares in the company, valued at approximately $713,521.97. This represents a 31.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nickolas Stavropoulos sold 1,355 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $34.00, for a total transaction of $46,070.00. Following the completion of the sale, the director directly owned 14,111 shares in the company, valued at approximately $479,774. This trade represents a 8.76% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 26,355 shares of company stock worth $852,270. 45.10% of the stock is currently owned by company insiders.

Ameresco Stock Up 1.9%

Shares of NYSE AMRC opened at $25.72 on Friday. The stock has a market cap of $1.36 billion, a P/E ratio of 44.35, a PEG ratio of 2.08 and a beta of 2.60. The business’s fifty day simple moving average is $29.54 and its 200-day simple moving average is $29.28. Ameresco, Inc. has a 12-month low of $15.52 and a 12-month high of $44.93. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 1.64.

Ameresco (NYSE:AMRC) last released its earnings results on Monday, May 4th. The utilities provider reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.27) by ($0.06). Ameresco had a return on equity of 3.33% and a net margin of 1.59%.The company had revenue of $401.46 million for the quarter, compared to analyst estimates of $362.92 million. During the same period in the previous year, the firm earned ($0.11) earnings per share. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. Ameresco has set its FY 2026 guidance at 1.060-1.280 EPS. As a group, equities analysts predict that Ameresco, Inc. will post 1.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on AMRC shares. UBS Group lowered their price target on Ameresco from $40.00 to $28.00 and set a “neutral” rating for the company in a research report on Friday, March 13th. Cantor Fitzgerald increased their target price on Ameresco from $41.00 to $45.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 19th. Zacks Research upgraded Ameresco from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 3rd. Weiss Ratings downgraded Ameresco from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, June 11th. Finally, Canaccord Genuity Group boosted their price target on shares of Ameresco from $50.00 to $59.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Seven investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $42.56.

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.