Insider Trading February 23, 2026

Ameresco Director Exercises Options and Sells Stock, Netting About $550K

Nickolas Stavropoulos disposed of 16,100 shares under a pre-arranged plan after exercising options; company updates highlight project financings and new RNG facility

By Ajmal Hussain AMRC
Ameresco Director Exercises Options and Sells Stock, Netting About $550K
AMRC

Ameresco director Nickolas Stavropoulos sold 16,100 Class A shares on February 19 and 20, 2026, for roughly $549,755 after exercising options to buy the same number of shares at $16.33. The sales took place under a Rule 10b5-1 plan adopted in September 2025. Separately, Ameresco reported progress on project financings, a new renewable natural gas facility, and completed solar installations in California schools; recent analyst coverage includes bullish price targets from Cantor Fitzgerald and UBS.

Key Points

  • Ameresco director Nickolas Stavropoulos sold 16,100 Class A shares on Feb. 19-20, 2026, for about $549,755 at prices of $34.00 to $34.15 per share.
  • Stavropoulos simultaneously exercised options to acquire 16,100 shares at $16.33, costing $262,912, and the trades were made under a Rule 10b5-1 plan adopted on Sept. 8, 2025.
  • Ameresco reported project financing for 37MW of solar and 150MWh of battery storage, launched an RNG facility with Republic Services expected to produce over 500,000 Dekatherms annually, and completed solar installs for seven schools projected to save $6.3M over 25 years; Cantor Fitzgerald and UBS set bullish price targets.

Director-level transactions at Ameresco, Inc. (NASDAQ: AMRC) were disclosed this week after filings showed that Nickolas Stavropoulos sold 16,100 shares of the company’s Class A Common Stock across February 19 and 20, 2026.

The sales were executed at prices between $34.00 and $34.15 per share, producing proceeds of approximately $549,755. The timing of Stavropoulos’s disposition follows a period in which the stock rose about 80% over the prior 12 months, though the share price has since retraced to $32.88.

In conjunction with the share sale, the filings indicate Stavropoulos exercised options to acquire 16,100 shares of Ameresco Class A Common Stock at an exercise price of $16.33, representing a total outlay of $262,912 for the option exercise.

The trades were carried out under a pre-arranged Rule 10b5-1 trading plan that Stavropoulos adopted on September 8, 2025. After completing these transactions, his direct holding in Ameresco stands at 14,111 shares.

Market commentary included in the related analysis notes that InvestingPro currently flags AMRC as trading above its Fair Value and highlights that the stock’s price movements have been notably volatile.


Company project and analyst updates

Separately from the insider transactions, Ameresco has reported several operational and project financing developments. The company completed long-term debt financings to support solar and battery energy storage systems amounting to projects totaling 37MW of solar capacity and 150MWh of battery storage.

Ameresco also launched a new renewable natural gas (RNG) facility in Illinois in partnership with Republic Services. The facility is expected to produce in excess of 500,000 Dekatherms of RNG annually.

On the coverage front, Cantor Fitzgerald began coverage of Ameresco with an Overweight rating and set a price target of $41.00. UBS adjusted its price target upward to $40.00, citing Ameresco’s sizable backlog and the company’s participation in the Lemoore data center project.

Operationally, Ameresco also completed solar installations across seven schools within the Orange Unified School District in California. Those installations are projected to yield $6.3 million in savings for the district over a 25-year period.


Investor resources and screening tools

The filings and accompanying analysis have been linked to broader research offerings that evaluate AMRC’s valuation and provide additional investing tips and metrics. One such toolkit described in the filings assesses companies on numerous financial and momentum criteria and highlights examples of prior selections, though investors should consult the full research reports for complete context.

The insider sale, option exercise and the company’s project announcements together provide a snapshot of recent executive activity and operational momentum at Ameresco while market observers note current valuation and volatility considerations.

Risks

  • Stock price volatility and current valuation - InvestingPro analysis flags AMRC as overvalued relative to its Fair Value and notes high price volatility, which may impact investors' timing and returns (affects equity markets and renewable energy sector).
  • Insider selling despite operational progress - The director’s sale following option exercise could be perceived in multiple ways and may introduce short-term selling pressure or signal liquidity needs (affects market perception in the clean energy and infrastructure sectors).
  • Execution and financing risk for projects - While long-term debt financings and project launches are reported, their ultimate performance and realization of projected savings or RNG output remain contingent on execution (affects the renewable energy project finance and municipal energy savings markets).

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