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4 insiders bought €1.7M of shares over the last 90 days, the latest filed 01 Sept 2026.
Ameresco, Inc.: what insiders have been doing
This page follows insider dealings at Ameresco, Inc. as filed with SEC (Form 4), a company from the Energy sector. The group dates from 2000. Over the twelve months to 18 October 2026, 44 filings were filed, from 14 insiders.
The record shows 13 purchases on the open market worth €1.7M, made by 4 insiders, against 5 sales worth €438k by 4 insiders. The net balance comes to €1.2M on the buying side. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. The buyers include 3 senior executives and 1 chief executive. One trade stands out by size: a purchase of €861k from Cox Brian C, disclosed on 11 August 2026, or 0.085% of market capitalisation.
Compared with its exchange (5,812 companies, median 19 filings), a count of 44 filings is above the norm. The full history, which starts in 2016, counts 30 purchases against 54 sales.
In the case of 13 purchases, another manager of the company was buying within the same 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. The clock since the last published purchase (1 September 2026) now reads 47 days. Typically, a trade is published a median of 2 days after it takes place. US insiders must file a Form 4 within two business days of a trade.
In the same sector, recent insider purchases at RGC Resources Inc and Terawulf Inc. also feature in our signals. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Insider Decl.
219
Thresholds
n/a
Buy Volume
€4M
30 ops. · all time
Sell Volume
€14M
54 ops. · all time
Who traded when
BuySaleGeorge P. Sakellaris11 buys
Mark Chiplock6 sales
FRANCIS V. WISNESKI Jr.2 buys2 sales
David J. Corrsin3 sales
Joseph W. Sutton3 buys
Brian C. Cox2 buys
+4 other insiders
Since the insiders bought
- -10.8%Entry US$21.82 · Close 15 Oct 2026 US$19.47
- -15.0%Entry US$22.91 · Close 15 Oct 2026 US$19.47
- -15.0%Entry US$22.91 · Close 15 Oct 2026 US$19.47
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate Ameresco, Inc. Buy (bullish), based on 10 analysts. Average price target: US$42.70.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 19,236 of 24,161 companies
31.2
score / 100
Value36
Quality26
FCF yld-42%
Earn yld4.3%
EV/EBITDA12.6x
ROE4.3%
Gross mgn16%
Net mgn2.3%
Debt/EBITDA8.2x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$20.89
Analyst consensus
10 analystsBuy
US$32.00Target US$42.70(+104%)US$62.00
Income statement
RevenueUS$1.9B
Gross profitUS$304M16% margin
EBITDAUS$237.2M12% margin
Net incomeUS$44.3M1.4% margin
Valuation
PER (trailing)39.4x
PER (forward)12.7x
P/Book0.9x
Beta2.62
Balance sheet & cash
Market capUS$1.1B
Total debtUS$1.9B
Free Cash Flow-US$436.4M
Debt / Equity190%
Profitability & ownership
ROE4.3%
ROA1.9%
% insiders9.0%
% institutions106.7%
Last declaration on 17 September 2026
Declarations219 total
592 shares@ US$22.460.0011% mcap8.8% of flowClass A Common StockSEC:0001628280-26-062540:0
476 shares@ US$22.460.0009% mcap0.6% of flowClass A Common StockSEC:0001628280-26-062541:0
1,875 shares0Class A Common StockSEC:0001628280-26-061868:0
1,750 shares0Class A Common StockSEC:0001628280-26-061869:0
2,125 shares0Class A Common StockSEC:0001628280-26-061870:0
6,250 shares0Class A Common StockSEC:0001628280-26-061871:0
1,625 shares0Class A Common StockSEC:0001628280-26-061872:0
3,000 shares@ US$22.130.0056% mcap1.0% of flowClass A Common StockSEC:0001628280-26-059708:0
Canonical exit: 26 Nov 2026 (T+90)
1,000 shares@ US$21.920.0019% mcap0.3% of flowClass A Common StockSEC:0001628280-26-059314:0
Canonical exit: 24 Nov 2026 (T+90)
4,000 shares@ US$22.840.0078% mcap1.4% of flowClass A Common StockSEC:0001628280-26-059314:1
Canonical exit: 25 Nov 2026 (T+90)
5,000 shares@ US$20.910.0089% mcap1.6% of flowClass A Common StockSEC:0001628280-26-059096:0
Canonical exit: 22 Nov 2026 (T+90)
938 shares@ US$21.600.0017% mcap0.3% of flowClass A Common StockSEC:0001628280-26-059096:1
Canonical exit: 23 Nov 2026 (T+90)
4,062 shares@ US$22.030.0076% mcap1.4% of flowClass A Common StockSEC:0001628280-26-059096:2
Canonical exit: 23 Nov 2026 (T+90)
9,700 shares@ US$20.870.017% mcap2.4% of flowClass A Common StockSEC:0001628280-26-059097:0
Canonical exit: 22 Nov 2026 (T+90)
2,000 shares@ US$20.960.0036% mcap13.6% of flowClass A Common StockSEC:0001628280-26-059098:0
Canonical exit: 22 Nov 2026 (T+90)
4,625 shares@ US$21.640.0085% mcap9.0% of flowClass A Common StockSEC:0001628280-26-058967:0
Canonical exit: 19 Nov 2026 (T+90)
1,000 shares@ US$25.900.0022% mcap0.4% of flowClass A Common StockSEC:0001628280-26-055891:2
Canonical exit: 9 Nov 2026 (T+90)
39,700 shares@ US$25.070.085% mcap91.0% of flowClass A Common StockSEC:0001628280-26-055890:0
Canonical exit: 8 Nov 2026 (T+90)
5,000 shares@ US$25.950.011% mcap2.0% of flowClass A Common StockSEC:0001628280-26-055891:0
Canonical exit: 5 Nov 2026 (T+90)
1,000 shares@ US$25.270.0022% mcap0.4% of flowClass A Common StockSEC:0001628280-26-055891:1
Canonical exit: 8 Nov 2026 (T+90)
10,435 shares0Class A Common StockSEC:0001628280-26-041321:0
10,435 shares0Class A Common StockSEC:0001628280-26-041322:0
10,435 shares0Class A Common StockSEC:0001628280-26-041326:0
10,435 shares0Class A Common StockSEC:0001628280-26-041320:0
10,435 shares0Class A Common StockSEC:0001628280-26-041323:0
25 of 219 declarations
About Ameresco, Inc.
Ameresco, Inc. is a United States-based company listed on the NYSE under the ticker AMRC, with headquarters in Framingham, Massachusetts. Founded in 2000, the company was built around a mission to help customers lower energy costs, improve resilience, and accelerate the transition to lower-carbon solutions. For French-speaking investors, Ameresco sits at the intersection of energy services, distributed infrastructure, and renewable asset development, making it more of a platform company than a pure project contractor.
Ameresco’s business model rests on two complementary pillars. First, the company designs, finances, builds, and operates energy-efficiency projects for public-sector, commercial, industrial, and federal customers. These offerings include upgrades to electrical, thermal, and building-control systems, as well as modernization programs for critical infrastructure. Second, Ameresco develops, owns, and operates an energy-asset portfolio spanning solar, battery energy storage systems, biogas-to-electricity, and renewable natural gas (RNG). This structure gives the company both project-based revenues and recurring revenue streams from owned assets.
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Competitively, Ameresco has carved out a differentiated position in the ESCO (energy services company) market and in energy infrastructure solutions. The company emphasizes its expertise in energy performance contracting, U.S. public-sector projects, federal government work, and solutions tied to energy resilience. It also has an international footprint, including a meaningful presence in Europe, while remaining firmly anchored in the United States. Its ability to combine development, engineering, construction, and operations into one offering creates meaningful barriers to entry and supports long-duration customer relationships.
Recent developments reinforce this positioning. In 2025 and 2026, Ameresco reported solid quarterly results, highlighted a strong backlog, and continued to expand revenue visibility. The company also announced strategic initiatives in biogas with HASI, collaborations in advanced nuclear, and new energy-infrastructure contracts with U.S. public-sector customers. These announcements point to a growth strategy centered on broadening the asset mix, diversifying geographically, and capturing demand linked to energy security and resilience.
Overall, Ameresco looks like a hybrid energy-infrastructure name with exposure to energy efficiency, decarbonization, storage, and grid resilience. For investors, the key takeaway is that the business combines cyclical project execution with a growing base of more recurring revenues from owned and operated energy assets.
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