Itron, Inc. (NASDAQ:ITRI – Get Free Report) CFO Joan Hooper sold 455 shares of Itron stock in a transaction on Monday, August 24th. The shares were sold at an average price of $98.79, for a total transaction of $44,949.45. Following the completion of the transaction, the chief financial officer owned 118,440 shares in the company, valued at approximately $11,700,687.60. This trade represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Itron Stock Performance
NASDAQ ITRI opened at $98.86 on Thursday. The stock has a market capitalization of $4.33 billion, a price-to-earnings ratio of 16.50, a PEG ratio of 1.18 and a beta of 1.30. The business’s 50 day moving average is $91.62 and its two-hundred day moving average is $90.06. Itron, Inc. has a 12-month low of $77.77 and a 12-month high of $142.00. The company has a current ratio of 2.75, a quick ratio of 2.29 and a debt-to-equity ratio of 0.96.
Itron (NASDAQ:ITRI – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.30. Itron had a net margin of 11.90% and a return on equity of 19.26%. The business had revenue of $562.90 million during the quarter, compared to the consensus estimate of $566.34 million. During the same quarter last year, the firm posted $1.62 EPS. The business’s revenue was down 7.2% compared to the same quarter last year. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. Research analysts expect that Itron, Inc. will post 6.41 EPS for the current year.
Analyst Ratings Changes
Check Out Our Latest Analysis on Itron
Key Stories Impacting Itron
Here are the key news stories impacting Itron this week:
- Positive Sentiment: Analysts remain generally optimistic about ITRI: eight rate the shares Buy, four rate them Hold and one rates them Sell. The consensus price target is $131.33, with recent Buy ratings and target increases from Needham, Seaport Research Partners and Roth Capital supporting the bullish case. Itron analyst ratings
- Positive Sentiment: Institutional ownership is high at 96.19%, and several large investors—including California State Teachers’ Retirement System, Norges Bank, Jupiter Topco, Soros Fund Management and Millennium Management—have reported new or expanded positions. This could provide support for the stock.
- Neutral Sentiment: Reported short interest was listed at zero shares, but the accompanying percentage-change data was invalid. As a result, the report provides little insight into bearish positioning or potential short-covering demand.
- Negative Sentiment: Multiple executives sold shares recently, including CFO Joan S. Hooper and several senior vice presidents. Most transactions were explicitly made to cover tax-withholding obligations tied to vested equity awards, and the executives retained substantial holdings, reducing the negative signal. However, the concentration of sales may still weigh on sentiment. Itron SEC insider-sale filing
- Negative Sentiment: Itron’s latest quarterly results were mixed: EPS of $1.59 exceeded the $1.29 consensus estimate, but revenue declined 7.2% year over year to $562.9 million and fell slightly short of expectations. The company maintained 2026 guidance of $6.30–$6.50 in EPS, but the softer revenue trend remains a fundamental risk.
Hedge Funds Weigh In On Itron
Hedge funds have recently made changes to their positions in the stock. Employees Retirement System of Texas acquired a new stake in shares of Itron during the 3rd quarter worth $32,000. PenderFund Capital Management Ltd. acquired a new position in Itron in the second quarter valued at $35,000. Quantbot Technologies LP acquired a new position in Itron in the second quarter valued at $36,000. Northwestern Mutual Wealth Management Co. grew its position in Itron by 29.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock valued at $41,000 after acquiring an additional 101 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in Itron during the second quarter valued at about $48,000. Institutional investors and hedge funds own 96.19% of the company’s stock.
Itron Company Profile
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.
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