Itron (NASDAQ:ITRI) CAO David Marshall Wright Sells 264 Shares of Stock

Itron, Inc. (NASDAQ:ITRI) CAO David Marshall Wright sold 264 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $100.17, for a total value of $26,444.88. Following the completion of the sale, the chief accounting officer directly owned 9,124 shares in the company, valued at $913,951.08. This trade represents a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Itron Stock Down 4.4%

Shares of NASDAQ ITRI opened at $95.21 on Tuesday. The company has a market cap of $4.28 billion, a price-to-earnings ratio of 14.63, a PEG ratio of 0.86 and a beta of 1.48. The company has a current ratio of 1.80, a quick ratio of 1.56 and a debt-to-equity ratio of 0.45. Itron, Inc. has a 12 month low of $88.57 and a 12 month high of $142.00. The stock has a 50-day moving average price of $97.72 and a two-hundred day moving average price of $109.72.

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

Itron News Roundup

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Recent quarterly results and forward guidance beat expectations — Itron reported a meaningful EPS beat and set Q1 and FY2026 EPS guidance that suggests continued profitability, which supports valuation metrics and earnings expectations for the year.
• Neutral Sentiment: Heavy trading activity — intraday volume is well above the stock’s average, indicating that today’s moves are driven by newsflow (insider transactions and debt issuance) rather than thin trading.
• Negative Sentiment: Large, clustered insider selling by multiple senior executives — over Feb. 19–20 several SVPs, the CFO and the CAO sold shares (sales concentrated around ~$99.50–$100.17), totaling roughly 46–48k shares across the filings. Executives who trimmed positions include the CFO Joan Hooper, John Marcolini, Donald Reeves III, Justin K. Patrick, Laurie Ann Pulatie‑Hahn and others. Large insider sales can be read negatively by the market (potential signaling or increased supply).
• Negative Sentiment: Itron announced $600 million of convertible senior notes — while this raises capital and may be used for corporate purposes, convertible debt introduces potential future dilution and can be viewed as a negative near-term catalyst until use of proceeds and conversion terms are clearer. Itron Announces $600.0 Million Convertible Senior Notes

Institutional Trading of Itron

Institutional investors have recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV raised its holdings in Itron by 18.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 2,787 shares of the scientific and technical instruments company’s stock worth $259,000 after purchasing an additional 441 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Itron during the fourth quarter worth $1,032,000. Voloridge Investment Management LLC raised its stake in Itron by 164.1% during the fourth quarter. Voloridge Investment Management LLC now owns 197,536 shares of the scientific and technical instruments company’s stock worth $18,343,000 after buying an additional 122,733 shares during the last quarter. Symmetry Investments LP acquired a new position in Itron in the fourth quarter valued at $3,334,000. Finally, Tudor Investment Corp ET AL boosted its position in Itron by 2.7% during the fourth quarter. Tudor Investment Corp ET AL now owns 282,102 shares of the scientific and technical instruments company’s stock valued at $26,196,000 after acquiring an additional 7,458 shares during the last quarter. 96.19% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ITRI shares. Guggenheim set a $155.00 price objective on Itron in a research report on Friday, February 13th. Zacks Research cut Itron from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 28th. Weiss Ratings downgraded Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Wall Street Zen downgraded shares of Itron from a “buy” rating to a “hold” rating in a research report on Wednesday, January 14th. Finally, Robert W. Baird set a $128.00 target price on shares of Itron and gave the stock an “outperform” rating in a report on Wednesday, February 18th. Eight equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $137.90.

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.