Chiplock, Ameresco EVP, CFO & CAO, sells $7532 in shares

Published 16/09/2025, 21:54
Chiplock, Ameresco EVP, CFO & CAO, sells $7532 in shares

Mark Chiplock, Executive Vice President, CFO & CAO of Ameresco Inc (NASDAQ:AMRC), sold 269 shares of Class A Common Stock on September 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $28.0, for a total transaction value of $7532.

The sale was executed to cover applicable withholding taxes related to the vesting of Restricted Stock Units (RSUs), according to a footnote in the filing. Following the transaction, Chiplock directly owns 1189 shares of Ameresco, Inc. With analyst targets ranging from $19 to $45 per share, investors seeking deeper insights can access comprehensive analysis and 18 additional key metrics through InvestingPro’s detailed research reports.

In other recent news, Ameresco, Inc. has completed two significant projects at Ave Maria University in Florida, focusing on modernizing the university’s building infrastructure. The first phase introduced a new building automation system across five campus buildings, expected to save approximately $200,000 annually. Additionally, Ameresco has partnered with the U.S. Navy to develop a 100 MW AI-optimized data center and energy infrastructure at Naval Air Station Lemoore, in collaboration with CyrusOne. This project will include a microgrid and infrastructure upgrades to enhance energy resilience.

In terms of analyst activity, Baird upgraded Ameresco’s stock rating from Neutral to Outperform, citing strong demand for its clean energy services. The investment firm also increased its price target to $35.00. Similarly, UBS upgraded Ameresco from Sell to Neutral, more than doubling its price target to $23.00. UBS highlighted strong demand for Ameresco’s energy solutions and improved future gross margin visibility as reasons for the upgrade. These developments underscore Ameresco’s expanding role in energy infrastructure and clean energy solutions.

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