Ameresco Inc’s filing revealed that its President and CEO Sakellaris George P acquired Company’s shares for reported $0.5 million on Mar 04 ’25. In the deal valued at $9.96 per share,50,000 shares were bought. As a result of this transaction, Sakellaris George P now holds 903,638 shares worth roughly $9.34 million.
Then, Sakellaris George P bought 50,000 shares, generating $487,000 in total proceeds. Upon buying the shares at $9.74, the President and CEO now owns 953,638 shares.
Before that, Sakellaris George P bought 25,000 shares. Ameresco Inc shares valued at $231,750 were divested by the President and CEO at a price of $9.27 per share. As a result of the transaction, Sakellaris George P now holds 978,638 shares, worth roughly $10.12 million.
UBS downgraded its Ameresco Inc [AMRC] rating to a Sell from a a Buy in a research note published on March 04, 2025; the price target was decreased to $8 from $37. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early September with a ‘”a Hold”‘ rating. Exane BNP Paribas also remained covering AMRC and has increased its forecast on March 12, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Guggenheim revised its rating on February 29, 2024. It rated AMRC as “a Neutral” which previously was an “a Buy”.
Price Performance Review of AMRC
On Monday, Ameresco Inc [NYSE:AMRC] saw its stock fall -6.76% to $10.34. Over the last five days, the stock has lost -2.08%. Ameresco Inc shares have fallen nearly -55.96% since the year began. Nevertheless, the stocks have fallen -47.30% over the past one year. While a 52-week high of $39.68 was reached on 01/06/25, a 52-week low of $9.04 was recorded on 03/06/25. SMA at 50 days reached $20.49, while 200 days put it at $28.19.
Levels Of Support And Resistance For AMRC Stock
The 24-hour chart illustrates a support level at 9.82, which if violated will result in even more drops to 9.31. On the upside, there is a resistance level at 11.08. A further resistance level may holdings at 11.83. The Relative Strength Index (RSI) on the 14-day chart is 25.30, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.37%. Stochastics %K at 10.73% indicates the stock is a buying.
