On March 11, Bulgarino, Executive Vice President at Ameresco (NYSE:AMRC), executed a strategic insider move by acquiring stock options for 25,000 shares.
What Happened: Disclosed in a Form 4 filing on Monday with the U.S. Securities and Exchange Commission, Bulgarino, Executive Vice President at Ameresco, made a strategic derivative acquisition. This involved acquiring stock options for 25,000 shares of AMRC, providing the right to buy the company's stock at an exercise price of $21.13 per share.
Ameresco shares are trading, exhibiting up of 4.64% and priced at $22.31 during Tuesday's morning. This values Bulgarino's 25,000 shares at $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.
Breaking Down Ameresco's Financial Performance
Revenue Growth: Ameresco's revenue growth ...