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Summary

  • 4 insiders purchased Ameresco stock within one month.
  • The stock was sold by no insiders in the month of intensive purchasing.
  • 2 of these 4 insiders increased their holdings by more than 10%.

Ameresco (NYSE:AMRC) provides energy efficiency solutions for facilities primarily in North America.

(click to enlarge)

Insider buying during the last 30 days

Here is a table of Ameresco's insider activity during the last 30 days.

NameTitleTrade DateShares PurchasedRule 10b5-1 PlanCurrent OwnershipIncrease In Shares
Francis WisneskiDirectorMay 12-133,500No42,035 shares+9.1%
Michael JesanisDirectorMay 122,000No10,000 shares+25.0%
Douglas FoyDirectorMay 123,000No9,000 shares+50.0%
George SakellarisCEOApril 1573,689Yes3,660,626 shares+2.1%

There have been 82,189 shares purchased by insiders during the last 30 days.

Insider buying by calendar month

Here is a table of Ameresco's insider activity by calendar month.

MonthInsider buying / sharesInsider selling / shares
May 20148,5000
April 2014200,0000
March 2014246,2000
February 201400
January 201403,680
December 201300
November 20135,5000
October 2013013,858
September 20132,80053,699
August 20136,80020,000
July 201300
June 2013040,000
May 201342,6260
April 201300
March 201300
February 201300
January 201300

There have been 512,426 shares purchased and there have been 131,237 shares sold by insiders since January 2013. The month of March 2014 has seen the most insider buying.

Financials

Ameresco reported the first-quarter financial results on May 8 with the following highlights:

Revenue$100.7 million
Net loss$8.3 million
Cash$20.7 million
Debt$121.2 million
Backlog$1.4 billion

Three of these four insiders purchased their shares after these results.

Outlook

Ameresco's 2014 guidance is as follows:

Revenue$560-$600 million
Net income$8-$14 million

Competition

Ameresco's competitors include Chevron (NYSE:CVX) and Johnson Controls (NYSE:JCI). Here is a table comparing these companies.

CompanyAMRCCVXJCI
Market Cap:265.74M238.62B30.09B
Employees:90064,600170,000
Qtrly Rev Growth (yoy):-0.09-0.060.04
Revenue:564.77M208.43B43.56B
Gross Margin:0.180.280.16
EBITDA:21.85M39.91B4.07B
Operating Margin:0.000.120.07
Net Income:-3.94M19.76B1.57B
P/E:N/A12.2122.35
PEG (5 yr expected):4.172.160.93
P/S:0.491.150.69

Ameresco has the lowest P/S ratio among these three companies.

Here is a table of these competitors' insider activities this year.

CompanyInsider buying / sharesInsider selling / shares
CVX2,000188,000
JCI018,000

Only Ameresco has seen intensive insider buying during the last 30 days.

Conclusion

There have been four different insiders buying Ameresco, and there have not been any insiders selling Ameresco during the last 30 days. Two of these four insiders increased their holdings by more than 10%. Ameresco has an insider ownership of 33.94%.

The four insiders purchased their shares at prices ranging from $5.84 to $7.00. I believe Ameresco could be a good pick below $7 based on the intensive insider buying.

Source: Ameresco: 4 Different Insiders Have Purchased Shares During The Last 30 Days