Insider Selling: Itron (NASDAQ:ITRI) SVP Sells $26,914.03 in Stock

Itron, Inc. (NASDAQ:ITRI – Get Free Report) SVP Donald Reeves III sold 319 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $84.37, for a total transaction of $26,914.03. Following the completion of the transaction, the senior vice president owned 29,100 shares in the company, valued at $2,455,167. The trade was a 1.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Trading Down 1.3%

ITRI opened at $82.48 on Friday. The firm has a market capitalization of $3.66 billion, a P/E ratio of 13.15, a P/E/G ratio of 0.73 and a beta of 1.35. The firm’s 50 day moving average is $87.71 and its 200-day moving average is $93.73. Itron, Inc. has a 52-week low of $77.77 and a 52-week high of $142.00. The company has a quick ratio of 2.24, a current ratio of 2.66 and a debt-to-equity ratio of 0.97.

Get Itron alerts:

Itron (NASDAQ:ITRI – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The scientific and technical instruments company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.23. The company had revenue of $586.98 million for the quarter, compared to analyst estimates of $572.04 million. Itron had a net margin of 12.31% and a return on equity of 19.54%. The business’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.52 earnings per share. Itron has set its Q2 2026 guidance at 1.250-1.350 EPS. Analysts expect that Itron, Inc. will post 6.01 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Raymond James Financial assumed coverage on shares of Itron in a research note on Tuesday, April 21st. They set an “underperform” rating on the stock. Oppenheimer lifted their price objective on shares of Itron from $133.00 to $135.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. Needham & Company LLC assumed coverage on shares of Itron in a research note on Friday, March 6th. They set a “buy” rating and a $124.00 price objective on the stock. Stephens reiterated an “overweight” rating and set a $130.00 price objective on shares of Itron in a research note on Wednesday, May 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Itron in a research note on Friday, May 8th. Eight research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Itron presently has a consensus rating of “Moderate Buy” and an average price target of $131.22.

Read Our Latest Research Report on ITRI

Institutional Trading of Itron

A number of hedge funds and other institutional investors have recently made changes to their positions in ITRI. Private Trust Co. NA increased its stake in shares of Itron by 112.4% in the fourth quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company’s stock worth $25,000 after buying an additional 145 shares during the last quarter. Employees Retirement System of Texas bought a new stake in shares of Itron in the third quarter worth $32,000. Optiver Holding B.V. bought a new stake in shares of Itron in the third quarter worth $36,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Itron by 29.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock worth $41,000 after buying an additional 101 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new stake in shares of Itron in the third quarter worth $44,000. Institutional investors own 96.19% of the company’s stock.

About Itron

(Get Free Report)

Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.

Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.

See Also

• Five stocks we like better than Itron
• Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
• Salesforce Stock Finds Support as AI Momentum Builds
• Dollar Tree Keeps Winning After Family Dollar Divorce
• Apple’s Agentic AI Plans Could Be Its Biggest Growth Story Yet

Receive News & Ratings for Itron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Itron and related companies with MarketBeat.com's FREE daily email newsletter.