Itron (NASDAQ:ITRI) SVP Sells $22,049.20 in Stock

Itron, Inc. (NASDAQ:ITRI) SVP Donald Reeves III sold 277 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $79.60, for a total value of $22,049.20. Following the transaction, the senior vice president owned 29,674 shares of the company’s stock, valued at $2,362,050.40. This trade represents a 0.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Stock Performance

Shares of Itron stock opened at $83.02 on Friday. The business has a 50-day moving average of $88.45 and a 200 day moving average of $94.52. Itron, Inc. has a 12 month low of $77.77 and a 12 month high of $142.00. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 13.24, a price-to-earnings-growth ratio of 0.73 and a beta of 1.35. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.66 and a quick ratio of 2.24.

Itron (NASDAQ:ITRI) last announced its earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.23. Itron had a return on equity of 19.54% and a net margin of 12.31%.The company had revenue of $586.98 million during the quarter, compared to analysts’ expectations of $572.04 million. During the same period last year, the business posted $1.52 EPS. Itron’s revenue for the quarter was down 3.3% on a year-over-year basis. Itron has set its Q2 2026 guidance at 1.250-1.350 EPS. As a group, sell-side analysts forecast that Itron, Inc. will post 6.01 earnings per share for the current year.

Itron News Summary

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Stephens reiterated an Overweight rating on Itron and kept a $130 price target, signaling substantial upside versus recent trading levels.
• Neutral Sentiment: Several Itron executives sold small amounts of stock, but the filings say the shares were sold mainly to cover tax withholding tied to equity award vesting, which makes the insider activity look routine rather than a major red flag.
• Negative Sentiment: Zacks Research cut multiple future earnings estimates for Itron, including a sharp reduction to Q4 2027 EPS and a lower FY2027 outlook, suggesting softer profit growth ahead.

Institutional Investors Weigh In On Itron

A number of hedge funds have recently bought and sold shares of ITRI. Private Trust Co. NA raised its position 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 valued at $25,000 after purchasing an additional 145 shares in the last quarter. Employees Retirement System of Texas acquired a new stake in shares of Itron during the 3rd quarter worth about $32,000. Optiver Holding B.V. acquired a new stake in shares of Itron during the 3rd quarter worth about $36,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Itron by 29.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock worth $41,000 after acquiring an additional 101 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Itron during the 3rd quarter worth about $44,000. Institutional investors and hedge funds own 96.19% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Robert W. Baird set a $128.00 price target on Itron and gave the company an “outperform” rating in a research report on Wednesday, February 18th. Zacks Research raised Itron from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 26th. Oppenheimer increased their price target on Itron from $133.00 to $135.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Itron in a research report on Friday, May 8th. Finally, Needham & Company LLC assumed coverage on Itron in a research report on Friday, March 6th. They issued a “buy” rating and a $124.00 price target on the stock. Eight research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $131.22.

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.