Itron, Inc. $ITRI Shares Sold by Groupe la Francaise

Posted by Stanley Muller on Aug 2nd, 2026

Groupe la Francaise lowered its holdings in Itron, Inc. (NASDAQ:ITRI – Free Report) by 23.9% in the first quarter, HoldingsChannel reports. The firm owned 21,695 shares of the scientific and technical instruments company’s stock after selling 6,821 shares during the period. Groupe la Francaise’s holdings in Itron were worth $1,942,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its position in shares of Itron by 20.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,536,081 shares of the scientific and technical instruments company’s stock valued at $137,659,000 after purchasing an additional 265,039 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Itron by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 1,144,982 shares of the scientific and technical instruments company’s stock worth $106,340,000 after buying an additional 6,598 shares in the last quarter. First Trust Advisors LP increased its stake in shares of Itron by 22.2% in the first quarter. First Trust Advisors LP now owns 969,228 shares of the scientific and technical instruments company’s stock worth $86,872,000 after buying an additional 176,053 shares during the last quarter. Norges Bank bought a new stake in shares of Itron in the fourth quarter worth $63,990,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Itron by 12.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 673,420 shares of the scientific and technical instruments company’s stock valued at $60,359,000 after acquiring an additional 73,020 shares in the last quarter. 96.19% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Itron

In other news, SVP John F. Marcolini sold 322 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $84.37, for a total transaction of $27,167.14. Following the completion of the transaction, the senior vice president directly owned 24,689 shares of the company’s stock, valued at approximately $2,083,010.93. This represents a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Donald L. Reeves III sold 319 shares of the company’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 value of $26,914.03. Following the transaction, the senior vice president directly owned 29,100 shares of the company’s stock, valued at $2,455,167. This trade represents a 1.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 3,946 shares of company stock worth $324,420 over the last ninety days. Company insiders own 1.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Raymond James Financial initiated coverage on shares of Itron in a research note on Tuesday, April 21st. They set an “underperform” rating on the stock. Seaport Research Partners restated a “buy” rating and issued a $150.00 target price on shares of Itron in a research note on Wednesday. Stephens reaffirmed an “overweight” rating and set a $130.00 price target on shares of Itron in a research report on Wednesday, May 20th. TD Cowen lowered their price objective on Itron from $145.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Finally, Zacks Research upgraded Itron from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Eight research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $131.33.

Read Our Latest Stock Report on Itron

Itron Stock Up 0.8%

ITRI stock opened at $99.66 on Friday. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of 16.64, a PEG ratio of 0.81 and a beta of 1.32. Itron, Inc. has a 1-year low of $77.77 and a 1-year high of $142.00. The firm has a fifty day moving average price of $84.71 and a two-hundred day moving average price of $89.89. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.75 and a quick ratio of 2.24.

Itron (NASDAQ:ITRI – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share (EPS) for the quarter, topping 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 company had revenue of $562.90 million for the quarter, compared to the consensus estimate of $566.34 million. During the same period last year, the firm posted $1.62 EPS. The company’s revenue for the quarter was down 7.2% on a year-over-year basis. 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 predict that Itron, Inc. will post 6.43 EPS for the current year.

Itron Company Profile

(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.

Itron, Inc. $ITRI Shares Sold by Groupe la Francaise

Insider Buying and Selling at Itron

Wall Street Analysts Forecast Growth

Itron Stock Up 0.8%

Itron Company Profile

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