AMRC - Mark Chiplock Backs Up Beliefs With A Notable Acquisition In Ameresco Stock Options | Benzinga
A noteworthy insider acquisition was disclosed on March 11, as Chiplock, SVP & CAO at Ameresco (NYSE:AMRC), reported the acquisition of stock options for 20,000 shares.
What Happened: Chiplock, SVP & CAO at Ameresco, acquired stock options for 20,000 shares of AMRC. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The options allow Chiplock to buy the company's stock at $21.13 per share.
During Tuesday's morning session, Ameresco shares up by 4.64%, currently priced at $22.31. Considering the current price, Chiplock's 20,000 shares have a total value of $23,599.
All You Need to Know About Ameresco
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.
Financial Insights: Ameresco
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