AMRC - Insider Activity Spotlight: Michael Bakas Acquires In Ameresco Stock Options | Benzinga
On March 11, Bakas, Executive Vice President at Ameresco (NYSE:AMRC), executed a strategic insider move by acquiring stock options for 25,000 shares.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Monday, Bakas, Executive Vice President at Ameresco, acquired 25,000 stock options for AMRC with an exercise price of $21.13 per share.
The Tuesday morning update indicates Ameresco shares up by 4.64%, currently priced at $22.31. At this value, Bakas's 25,000 shares are worth $29,499.
Discovering Ameresco: A Closer Look
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operations and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.
Understanding the Numbers: Ameresco's Finances
Revenue Growth: Over the 3 months period, Ameresco showcased positive performance, achieving a revenue growth ...