Brian C. Cox, a director at Ameresco Inc., purchased 4,625 shares of the company’s Class A common stock on August 21, 2026, for a total of $100,085 at $21.64 per share. The transaction brings Cox’s direct holdings to 44,325 shares.
The director’s purchase follows Ameresco’s Q2 2026 financial results, which reported revenue of $515.5 million, exceeding the consensus estimate of $465 million. Non-GAAP earnings per share came in at $0.20, matching analyst expectations, while adjusted EBITDA reached $62.8 million, slightly above the $61 million consensus. The company also raised its full-year non-GAAP EPS outlook.
Ameresco reported record new awards totaling $1.8 billion in the quarter, including $1.2 billion from data center projects. The company’s total project backlog expanded to $6.73 billion, up significantly from the prior year. Shares traded near $22.07, down nearly 13% over the past week.
Analysts at Cantor Fitzgerald maintained an Overweight rating on Ameresco, citing data center growth, and set a price target of $44.00. Oppenheimer reiterated a Perform rating, highlighting recent project wins and second-quarter performance.
Separately, David J. Corrsin resigned as a Class II director and Executive Vice President but will continue in a Special Legal Advisor role. The company stated the resignation was not due to operational or policy disagreements.
