Key Points
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Sutton acquired 9,700 shares at a weighted average price of $20.87 per share, representing a $202,439 investment.
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This transaction increased the insider’s direct equity holdings by 14% and his total beneficial stake by 5%.
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The insider maintains an indirect position of approximately 133,000 shares through Sutton Ventures LP.
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The purchase was executed following a 14% decline in stock price over the 12 months ending on the August 24, 2026 transaction date.
Joseph W. Sutton, a Director at Ameresco, Inc. (NYSE:AMRC), purchased 9,700 shares of Class A Common Stock on August 24, 2026, according to an SEC Form 4 filing.
Transaction summary
Metric | Value
Transaction value | ~$202,400
Shares purchased | 9,700
Post-transaction shares (total) | ~214,000
Post-transaction shares (directly held) | 80,246
Post-transaction shares (indirectly held) | ~133,000
Post-transaction value | ~$4.5 million
Transaction value based on SEC Form 4 weighted average purchase price ($20.87); post-transaction value based on August 24, 2026 market close ($20.97).
Key questions
- What was the execution price range for this transaction?
Sutton purchased the Class A Common Stock in multiple transactions at prices ranging from $20.45 to $21.18 per share on August 24, 2026. - How does this purchase affect the insider’s direct equity position?
The acquisition of 9,700 shares increased the direct holding to 80,246 shares, representing a 14% expansion from the position held prior to this transaction. - What is the structure of the insider’s indirect ownership?
Sutton manages approximately 133,000 shares through Sutton Ventures LP, an entity where he serves as the managing member of its general partner, Sutton Ventures Group LLC. - What is the current market valuation of the insider’s total equity?
As of the August 25, 2026 market close of $22.07, the total beneficial stake of roughly 214,000 shares is valued at approximately $4.7 million.
Company Overview
Metric | Value
Share Price (as of market close 2026-08-25) | $22.07
Market Capitalization | $1.2 billion
Revenue (TTM) | $2.0 billion
Net Income (TTM) | $28.3 million
Company Snapshot
- Ameresco operates as a clean technology integrator providing comprehensive energy efficiency solutions, sustainable energy generation systems, and critical infrastructure improvements across the United States, Canada, and international markets.
- The company generates revenue through project-based contracts and long-term service agreements that deliver energy efficiency retrofits, renewable energy installations, and infrastructure resilience solutions to commercial, industrial, and institutional customers.
- Ameresco serves diverse end-markets including commercial enterprises, industrial facilities, municipalities, educational institutions, and government agencies seeking to optimize energy consumption, enhance operational resilience, and transition to sustainable energy sources.
Ameresco is a mid-cap clean technology integrator with $2.0 billion in trailing twelve month (TTM) revenue, positioned at the intersection of energy efficiency and renewable energy deployment. The company’s integrated service model, which combines engineering, procurement, and installation capabilities, enables it to capture value across the full lifecycle of energy and infrastructure projects. With 1,601 employees and a market capitalization of $1.2 billion, Ameresco leverages its technical expertise and established customer relationships to address the growing institutional demand for decarbonization and operational efficiency solutions.
What this transaction means for investors
Sutton has served as a director of Ameresco since 2002 and manages his own energy investment portfolio under the Sutton name, which includes certain Ameresco holdings. His more than two decades of board tenure provide him with deep insight into the company’s operations and strategic direction.
We generally view insider buying as a favorable signal. Insiders may sell shares for numerous reasons, including raising cash for personal expenses, achieving portfolio diversification unrelated to company outlook, or signaling bearish conviction about future performance. By contrast, insiders typically buy stock for one primary reason: a belief that the share price will rise.
Applying that framework, Sutton’s recent purchase suggests a bullish outlook. Reinforcing this view, empirical evidence indicates that insider purchases often precede higher share prices within 30 days of the transaction.
Broader market conditions also appear favorable for Ameresco. The company recently commissioned the 250-megawatt Napanee Battery Energy Storage System, one of Canada’s largest energy storage facilities. Additionally, Ameresco is participating in a 560-megawatt solar project in Greece, ranking among Europe’s largest renewable installations. The accelerating shift toward renewable energy, combined with surging AI data center demand and mounting concerns about electricity price impacts, is driving interest in on-site solar, wind, and battery storage solutions, precisely the markets where Ameresco excels.
While an insider purchase alone does not constitute a definitive buy signal, Sutton’s transaction, paired with Ameresco’s strengthening market position, presents a compelling case for adding the stock to a watchlist.
Brendan Coffey has no position in any of the stocks mentioned.
