Ameresco Inc’s filing revealed that its EVP and General Counsel Corrsin David J unloaded Company’s shares for reported $215.0 on Mar 10 ’25. In the deal valued at $10.22 per share,21 shares were sold. As a result of this transaction, Corrsin David J now holds 252 shares worth roughly $2656.08.
Then, WISNESKI FRANCIS V JR bought 400 shares, generating $4,068 in total proceeds. Upon buying the shares at $10.17, the Director now owns 20,346 shares.
Before that, Sakellaris George P bought 50,000 shares. Ameresco Inc shares valued at $498,000 were divested by the President and CEO at a price of $9.96 per share. As a result of the transaction, Sakellaris George P now holds 903,638 shares, worth roughly $9.52 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 Friday, Ameresco Inc [NYSE:AMRC] saw its stock jump 5.40% to $10.54. Over the last five days, the stock has lost -4.96%. Ameresco Inc shares have fallen nearly -55.11% since the year began. Nevertheless, the stocks have fallen -49.35% 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 $19.46, while 200 days put it at $27.76.
Levels Of Support And Resistance For AMRC Stock
The 24-hour chart illustrates a support level at 10.17, which if violated will result in even more drops to 9.79. On the upside, there is a resistance level at 10.75. A further resistance level may holdings at 10.95. The Relative Strength Index (RSI) on the 14-day chart is 29.13, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.42%. Stochastics %K at 12.50% indicates the stock is a buying.
How much short interest is there in Ameresco Inc?
A steep rise in short interest was recorded in Ameresco Inc stocks on 2025-02-28, dropping by -0.11 million shares to a total of 2.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.7 million shares. There was a decline of -4.05%, which implies that there is a negative sentiment for the stock.
