KD Logo

Insider Sale Alert: Ameresco Inc [AMRC] – Is it Time to sell?

Ameresco Inc’s recently made public that its EVP, CFO & CAO Chiplock Mark unloaded Company’s shares for reported $1132.0 on Mar 19 ’25. In the deal valued at $11.92 per share,95 shares were sold. As a result of this transaction, Chiplock Mark now holds 708 shares worth roughly $10301.4.

Then, Corrsin David J sold 64 shares, generating $763 in total proceeds. Upon selling the shares at $11.92, the EVP and General Counsel now owns 471 shares.

Before that, Corrsin David J sold 36 shares. Ameresco Inc shares valued at $429 were divested by the EVP and General Counsel at a price of $11.92 per share. As a result of the transaction, Corrsin David J now holds 317 shares, worth roughly $4612.35.

Robert W. Baird downgraded its Ameresco Inc [AMRC] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Sell”. Jefferies began covering AMRC with “Hold” recommendation on September 04, 2024. Exane BNP Paribas revised its rating on March 12, 2024. It rated AMRC as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of AMRC

On Monday, Ameresco Inc [NYSE:AMRC] saw its stock jump 8.91% to $14.55. Over the last five days, the stock has gained 25.11%. Ameresco Inc shares have fallen nearly -38.03% since the year began. Nevertheless, the stocks have fallen -45.99% over the past one year. While a 52-week high of $39.68 was reached on 01/06/25, a 52-week low of $8.49 was recorded on 04/21/25. SMA at 50 days reached $11.17, while 200 days put it at $23.62.

Levels Of Support And Resistance For AMRC Stock

The 24-hour chart illustrates a support level at 13.88, which if violated will result in even more drops to 13.21. On the upside, there is a resistance level at 15.03. A further resistance level may holdings at 15.52. The Relative Strength Index (RSI) on the 14-day chart is 68.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.99, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.75%. Stochastics %K at 72.37% indicates the stock is a holding.

Most Popular