Peter Christakis At Ameresco Acquires Stock Options

Peter Christakis, Executive Vice President at Ameresco AMRC, reported acquisition of company stock options on March 11, according to a new SEC filing.

What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Monday, Christakis, Executive Vice President at Ameresco, acquired 25,000 stock options for AMRC with an exercise price of $21.13 per share.

Ameresco shares are trading up 4.64% at $22.31 at the time of this writing on Tuesday morning. Since the current price is $22.31, this makes Christakis's 25,000 shares worth $29,499.

Get to Know Ameresco Better

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.

Ameresco: Delving into Financials

Positive Revenue Trend: Examining Ameresco's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 33.05% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.

Analyzing Profitability Metrics:

  • Gross Margin: The company shows a low gross margin of 16.81%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.

  • Earnings per Share (EPS): Ameresco's EPS is below the industry average. The company faced challenges with a current EPS of 0.65. This suggests a potential decline in earnings.

Debt Management: Ameresco's debt-to-equity ratio surpasses industry norms, standing at 1.72. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

Market Valuation:

  • Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 18.22, the stock indicates an attractive valuation, potentially presenting a buying opportunity.

  • Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.83, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.

  • EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): A high EV/EBITDA ratio of 17.87 positions the company as being more valued compared to industry benchmarks.

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

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Why Insider Transactions Are Important

Insider transactions are not the sole determinant of investment choices, but they are a factor worth considering.

In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.

When a company insider makes a new purchase, that is an indication that they expect the stock to rise.

Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down.

Important Transaction Codes

When analyzing transactions, investors tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.

Check Out The Full List Of Ameresco's Insider Trades.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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