Ameresco CEO Sakellaris Buys 10,000 Shares Amid Stock Decline. Is His Confidence a Signal You Can Profit?

Ameresco CEO Sakellaris Buys 10,000 Shares Amid Stock Decline. Is His Confidence a Signal You Can Profit?

Key PointsThe transaction involved 10,000 shares purchased for $214,300 at a weighted-average price of $21.43 per share.The purchase of Class A Common Stock was equal to 1% of the CEO's direct equity holdings prior to the filing.Sakellaris holds ~2.3 million shares in total, with 1,005,597 shares held directly and ~1.3 million shares held indirectly through a trust and his spouse.The open-market acquisition occurred as the stock's one-year retur…