Today it was reported that the EVP of Ameresco Inc (NYSE: AMRC), Louis Maltezos, exercised options to buy 10,000 AMRC shares at $6.53 a share, for a total transaction value of $65.3K.
Following this transaction Louis Maltezos’ holding in the company was increased by 50% to a total of $433.5K. Following Louis Maltezos’ last AMRC Buy transaction on May 11, 2018, the stock climbed by 3.2%.
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Based on Ameresco Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $197 million and quarterly net profit of $8.7 million. In comparison, last year the company earned revenue of $167 million and had a net profit of $5.83 million. AMRC’s market cap is $660.8M and the company has a P/E ratio of 13.76. Currently, Ameresco Inc has an average volume of 45.95K.
Starting in May 2017, AMRC received 23 Buy ratings in a row. Four different firms, including Canaccord Genuity and Oppenheimer, currently also have a Buy rating on the stock.
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Ameresco, Inc. engages in the provision of comprehensive energy services. It offers energy efficiency, infrastructure upgrades, asset sustainability, and renewable energy solutions for businesses and organizations throughout North America and Europe.
