Government Contract Update: $40M payment to AMERESCO INC

We just received data on a $40M payment to AMERESCO INC from the General Services Administration. This payment was made on 2025-01-16 by the Public Buildings Service. We received this data from USASpending.gov.

Here is the award's description:

ENERGY SAVINGS PERFROMANCE CONTRACT, NATIONAL DEEP ENERGY RETROFIT PROGAM ROUND 7, R11 PROJECT 2 FOR IMPLEMENTATION OF ENERGY CONSERVATION MEASURES AT THE VETERAN'S AFFAIRS BUILDING AND LAFAYETTE BUILIDNG IN WASHINGTON D.C.

Our code mapped this contract to $AMRC.

$AMRC Government Contracts

We have seen $494,082,561 of award payments to $AMRC over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

• ENERGY SAVINGS PERFORMANCE CONTRACT, NATIONAL DEEP ENERGY RETROFIT PROGRAM ROUND 7, REGION 5 FOR IMPLEMENTA...: $217,262,240
• ENERGY SAVINGS PERFORMANCE CONTRACT, NATIONAL DEEP ENERGY RETROFIT PROGRAM ROUND 6, REGION 8 FOR IMPLEMENTA...: $140,229,695
• ENERGY SAVINGS PERFROMANCE CONTRACT, NATIONAL DEEP ENERGY RETROFIT PROGAM ROUND 7, R11 PROJECT 2 FOR IMPLEM...: $39,939,634
• IGF::OT::IGF PERFORMANCE PERIOD SERVICES: $7,777,928
• VETERANS INTEGRATED SERVICE NETWORK (VISN) 7 ENERGY SAVINGS PERFORMANCE CONTRACT (ESPC): $7,252,980

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$AMRC Insider Trading Activity

$AMRC insiders have traded $AMRC stock on the open market 12 times in the past 6 months. Of those trades, 3 have been purchases and 9 have been sales.

Here’s a breakdown of recent trading of $AMRC stock by insiders over the last 6 months:

• JENNIFER L MILLER has made 0 purchases and 2 sales selling 40,000 shares for an estimated $842,528.
• GEORGE P SAKELLARIS (President and CEO) purchased 25,000 shares for an estimated $663,500
• JOSEPH W. SUTTON has made 2 purchases buying 15,000 shares for an estimated $393,300 and 0 sales.
• DAVID J CORRSIN (EVP and General Counsel) has made 0 purchases and 3 sales selling 120 shares for an estimated $4,362.
• MICHAEL T BAKAS (Executive Vice President) sold 104 shares for an estimated $3,914
• PETER CHRISTAKIS (Executive Vice President) sold 104 shares for an estimated $3,914
• MARK CHIPLOCK (EVP, CFO & CAO) sold 98 shares for an estimated $3,688
• LOUIS P MALTEZOS (Executive Vice President) sold 75 shares for an estimated $2,823

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$AMRC Hedge Fund Activity

We have seen 81 institutional investors add shares of $AMRC stock to their portfolio, and 108 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• FIRST TRUST ADVISORS LP added 464,737 shares (+124.4%) to their portfolio in Q4 2024, for an estimated $10,912,024
• CANDRIAM S.C.A. removed 418,580 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $9,828,258
• HANDELSBANKEN FONDER AB removed 382,588 shares (-22.8%) from their portfolio in Q4 2024, for an estimated $8,983,166
• RHEOS CAPITAL WORKS INC. removed 288,700 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $6,778,676
• UBS GROUP AG added 287,358 shares (+497.4%) to their portfolio in Q4 2024, for an estimated $6,747,165
• POINT72 ASSET MANAGEMENT, L.P. removed 252,351 shares (-83.3%) from their portfolio in Q4 2024, for an estimated $5,925,201
• DNB ASSET MANAGEMENT AS added 229,128 shares (+59.6%) to their portfolio in Q4 2024, for an estimated $5,379,925

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.