As I noted last night, CEO of Ameresco, Inc. (AMRC, $7.80), George Sakellaris, purchased of almost $1.9 million worth of his company's shares recently.
Here's the table of buying and chart from Insider Cow. The stock was recently hit on missed earnings.
Monica Wolfe at Guru Focus writes more about the company and recent buying:
As of his most recent buy on March 17, Sakellaris holds on to 3,460,626 shares of Ameresco stock. [This includes 2,535,626 shares directly and the rest in trust.]
The Guru Focus chart above shows that the AMRC insiders tend to buy more in the single digits and sell more in the double digits or after bounces. They have been pretty good dip-buyers.
[Back to article:] Ameresco is a provider of energy efficiency solutions for facilities throughout North America. Its solutions enable customers to reduce their energy consumption, lower their operating and maintenance costs and realize environmental benefits.
Ameresco’s historical revenue and net income:
The analysis on Ameresco reports that the company’s price is near a 5-year low, the company has issued $65.83 million over the past three years and its revenue has been in decline over the past year. (Full article here.)
