The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Ameresco Inc shares valued at $498,000 were purchased by Sakellaris George P on Mar 04 ’25. At $9.96 per share, Sakellaris George P acquired 50,000 shares. The insider’s holdings grew to 903,638 shares worth approximately $8.39 million following the completion of this transaction.
Also, Sakellaris George P purchased 50,000 shares, netting a total of over 487,000 in proceeds. Following the buying of shares at $9.74 each, the insider now holds 953,638 shares.
Before that, Sakellaris George P had added 25,000 shares to its account. In a trade valued at $231,750, the President and CEO bought Ameresco Inc shares for $9.27 each. Upon closing the transaction, the insider’s holdings increased to 25,000 shares, worth approximately $9.09 million.
As published in a research note from UBS on March 04, 2025, Ameresco Inc [AMRC] has been rated down from a Buy to a Sell and the price target has been revised to $8 from $37. Analysts at Jefferies started covering the stock with ‘”a Hold”‘ outlook in a report released in early September. As of March 12, 2024, Exane BNP Paribas has increased its “Neutral” rating to a “an Outperform” for AMRC. Earlier on February 29, 2024, Guggenheim downgraded its rating. Their new recommendation was “a Neutral” for AMRC stock which previously was a “a Buy”.
Analyzing AMRC Stock Performance
During the last five days, there has been a drop of approximately -49.32%. Over the course of the year, Ameresco Inc shares have dropped approximately -60.43%. Shares of the company reached a 52-week high of $28.87 on 01/06/25 and a 52-week low of $9.04 on 03/06/25. A 50-day SMA is recorded $20.97, while a 200-day SMA reached $28.36.
Support And Resistance Levels for Ameresco Inc (AMRC)
According to the 24-hour chart, there is a support level at 8.98, which, if violated, would cause prices to drop to 8.66. In the upper region, resistance lies at 9.67. The next price resistance is at 10.05. RSI (Relative Strength Index) is 15.38 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.14, which suggests the price will decrease in the coming days. Percent R is at 97.76%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
