Ameresco director Brian Cox buys $100,085 in stock

Ameresco director Brian Cox purchased 4,625 shares of the company's Class A Common Stock valued at $100,085 on August 21, 2026. The shares were bought at $21.64 apiece, a price near $22.07 which had plummeted by 13% in the previous week. According to InvestingPro, the stock is currently undervalued. Post this acquisition, Mr. Cox's personal holdings of Ameresco Class A Common Stock amount to 44,325 shares.

For a detailed analysis of Ameresco's valuation and performance, InvestingPro offers 13 insider tips and full Pro Research Reports on over 1,400 US equities. Meanwhile, Ameresco's recent second-quarter 2026 results were robust, with revenue hitting $515.5 million, exceeding forecasts by $50.5 million. The company posted non-GAAP EPS of $0.20, matching analysts' projections, and reported adjusted EBITDA of $62.8 million, slightly above the $61 million consensus.

These results were complemented by a surge in new awards, totaling $1.8 billion, bringing Ameresco's project backlog to $6.73 billion. Notably, the Chicago firm was given an Overweight rating by Cantor Fitzgerald, citing strong data center growth and a price target of $44.00. Oppenheimer echoed this sentiment with a Perform rating, praising Ameresco's data center wins and positive Q2 outcomes.

On the corporate front, Ameresco's Class II Director and Executive Vice President David J. Corrsin stepped down, though he remains as a Special Legal Advisor. His departure was not due to any operational disagreements. This report was AI-generated and edited for accuracy.