Itron (NASDAQ:ITRI) SVP John Marcolini Sells 331 Shares

Posted by Geri Gentry on Aug 25th, 2026

Itron, Inc. (NASDAQ:ITRI – Get Free Report) SVP John Marcolini sold 331 shares of Itron stock in a transaction on Monday, August 24th. The stock was sold at an average price of $98.79, for a total value of $32,699.49. Following the transaction, the senior vice president directly owned 12,683 shares of the company’s stock, valued at approximately $1,252,953.57. This represents a 2.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Price Performance

Itron stock traded up $0.04 during trading hours on Tuesday, hitting $98.73. The stock had a trading volume of 594,864 shares, compared to its average volume of 879,926. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.75 and a quick ratio of 2.29. The stock has a market capitalization of $4.32 billion, a price-to-earnings ratio of 16.48, a PEG ratio of 1.20 and a beta of 1.30. Itron, Inc. has a 1-year low of $77.77 and a 1-year high of $142.00. The stock’s fifty day moving average is $90.88 and its two-hundred day moving average is $90.09.

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 for the quarter, beating analysts’ consensus estimates of $1.29 by $0.30. The business had revenue of $562.90 million during the quarter, compared to analysts’ expectations of $566.34 million. Itron had a return on equity of 19.26% and a net margin of 11.90%.The business’s revenue for the quarter was down 7.2% on a year-over-year basis. During the same quarter last year, the business posted $1.62 earnings per share. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. As a group, analysts predict that Itron, Inc. will post 6.4 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Zacks Research upgraded shares of Itron from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. TD Cowen reduced their target price on Itron from $145.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Needham & Company LLC increased their target price on Itron from $116.00 to $128.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Roth Capital reissued a “buy” rating and issued a $136.00 price target on shares of Itron in a report on Wednesday, April 29th. Finally, Stephens restated an “overweight” rating and issued a $130.00 price objective on shares of Itron in a research report on Wednesday, May 20th. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Itron has an average rating of “Moderate Buy” and an average price target of $131.33.

Check Out Our Latest Analysis on Itron

Itron News Summary

Here are the key news stories impacting Itron this week:

Positive Sentiment: Wall Street remains broadly optimistic. Itron has a “Moderate Buy” consensus rating from eight Buy, four Hold and one Sell recommendation, with an average price target of $131.33—well above recent trading levels. Needham raised its target to $128, while Seaport Research Partners set a $150 target. Itron analyst ratings
Positive Sentiment: Itron’s latest quarterly results exceeded expectations on earnings, reporting $1.59 per share versus the $1.29 consensus estimate. Management also guided for third-quarter 2026 EPS of $1.50–$1.60 and full-year EPS of $6.30–$6.50. Itron earnings and guidance
Neutral Sentiment: Institutional ownership is high at 96.19%, and several large funds recently increased or initiated positions. That suggests continued institutional interest, although ownership changes do not necessarily indicate near-term buying pressure. Itron institutional ownership
Negative Sentiment: CFO Joan S. Hooper sold 4,406 shares worth approximately $435,577, while several senior vice presidents and the chief accounting officer collectively sold 1,213 additional shares. The concentration of sales can weigh on sentiment, even though the executives retained substantial positions and identified tax withholding—not an open-market bearish bet—as the reason for the transactions. SEC insider transaction filing
Negative Sentiment: Revenue in the latest quarter declined 7.2% year over year to $562.9 million, slightly below analyst expectations. This contraction may temper enthusiasm despite the earnings beat and current-year guidance. Itron quarterly results

Hedge Funds Weigh In On Itron

A number of 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

(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.