Joan Hooper Sells 1,426 Shares of Itron (NASDAQ:ITRI) Stock

Itron, Inc. (NASDAQ:ITRI) CFO Joan Hooper sold 1,426 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $100.17, for a total value of $142,842.42. Following the transaction, the chief financial officer directly owned 122,770 shares in the company, valued at approximately $12,297,870.90. The trade was a 1.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Itron Stock Performance

NASDAQ:ITRI traded down $4.33 during mid-day trading on Monday, reaching $95.21. The company’s stock had a trading volume of 2,762,408 shares, compared to its average volume of 824,922. The company has a current ratio of 1.80, a quick ratio of 1.56 and a debt-to-equity ratio of 0.45. The stock has a market cap of $4.28 billion, a P/E ratio of 14.63, a PEG ratio of 0.86 and a beta of 1.48. The firm’s fifty day moving average price is $97.72 and its two-hundred day moving average price is $109.93. Itron, Inc. has a 12-month low of $88.57 and a 12-month high of $142.00.

Itron (NASDAQ:ITRI) last announced its quarterly earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.27. Itron had a net margin of 12.72% and a return on equity of 20.04%. The firm had revenue of $571.66 million during the quarter, compared to analyst estimates of $561.31 million. The business’s revenue for the quarter was down 6.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.35 earnings per share. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. On average, equities analysts forecast that Itron, Inc. will post 5.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ITRI has been the subject of several research analyst reports. Weiss Ratings lowered Itron from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Wall Street Zen cut Itron from a “buy” rating to a “hold” rating in a research report on Wednesday, January 14th. Oppenheimer upped their price target on shares of Itron from $125.00 to $133.00 and gave the company an “outperform” rating in a research report on Wednesday, February 18th. Guggenheim set a $155.00 price objective on shares of Itron in a report on Friday, February 13th. Finally, Johnson Rice raised shares of Itron from an “accumulate” rating to a “buy” rating and set a $130.00 target price for the company in a report on Monday, January 5th. Eight investment 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. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $137.90.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Private Trust Co. NA increased its holdings in Itron by 112.4% in the 4th quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company’s stock worth $25,000 after acquiring an additional 145 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in Itron during the second quarter valued at approximately $30,000. Employees Retirement System of Texas bought a new position in shares of Itron in the third quarter worth approximately $32,000. Bessemer Group Inc. increased its stake in shares of Itron by 125.7% in the second quarter. Bessemer Group Inc. now owns 255 shares of the scientific and technical instruments company’s stock worth $34,000 after purchasing an additional 142 shares in the last quarter. Finally, Optiver Holding B.V. purchased a new stake in shares of Itron in the third quarter worth $36,000. 96.19% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Itron

Here are the key news stories impacting Itron this week:

• Neutral Sentiment: Itron announced a $600.0 million offering of convertible senior notes — this raises cash but can be dilutive if converted; market reaction depends on use of proceeds and conversion terms. Itron Announces $600.0 Million Convertible Senior Notes
• Negative Sentiment: SVP Christopher E. Ware sold 4,486 shares at ~$99.54 (reducing his stake ~12.36%). Form 4 – Christopher E. Ware
• Negative Sentiment: SVP Donald L. Reeves III sold 5,419 shares at ~$99.54 (reducing his stake ~14.05%). Form 4 – Donald L. Reeves III
• Negative Sentiment: SVP Laurie Ann Pulatie‑Hahn sold 3,755 shares at ~$99.54 (reducing her stake ~10.03%). Form 4 – Laurie Ann Pulatie‑Hahn
• Negative Sentiment: SVP Justin K. Patrick sold 4,930 shares at ~$99.54 (reducing his stake ~12.55%). Form 4 – Justin K. Patrick
• Negative Sentiment: SVP John F. Marcolini sold 6,948 shares at ~$99.54 (reducing his stake ~20.52%). Form 4 – John F. Marcolini
• Negative Sentiment: CFO Joan S. Hooper sold 15,293 shares at ~$99.54 (reducing her stake ~10.96%); a CFO sale of this size is often viewed negatively by investors. Form 4 – Joan S. Hooper

About Itron

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.