Insider Selling: Itron (NASDAQ:ITRI) SVP Sells $26,903.25 in Stock

Itron, Inc. (NASDAQ:ITRI) SVP John Marcolini sold 275 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $97.83, for a total transaction of $26,903.25. Following the transaction, the senior vice president directly owned 13,014 shares in the company, valued at approximately $1,273,159.62. The trade was a 2.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Stock Up 0.1%

Shares of NASDAQ ITRI opened at $98.86 on Thursday. The company has a market capitalization of $4.33 billion, a P/E ratio of 16.50, a P/E/G ratio of 1.18 and a beta of 1.30. 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 company has a 50 day simple moving average of $91.62 and a 200-day simple moving average of $90.06. Itron, Inc. has a 1 year low of $77.77 and a 1 year high of $142.00.

Itron (NASDAQ:ITRI) last posted its earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 EPS for the quarter, beating 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 analysts’ expectations of $566.34 million. During the same quarter in the prior year, the company posted $1.62 earnings per share. Itron’s revenue for the quarter was down 7.2% compared to the same quarter last year. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. On average, equities research analysts predict that Itron, Inc. will post 6.41 earnings per share for the current year.

Institutional Trading of Itron

A number of large investors have recently bought and sold shares of the business. California State Teachers Retirement System lifted its position in Itron by 7,889.6% during the 2nd quarter. California State Teachers Retirement System now owns 4,397,628 shares of the scientific and technical instruments company’s stock worth $380,527,000 after acquiring an additional 4,342,586 shares during the period. Norges Bank acquired a new position in shares of Itron in the fourth quarter valued at approximately $63,990,000. Jupiter Topco LLC purchased a new stake in shares of Itron during the second quarter worth approximately $42,466,000. Soros Fund Management LLC acquired a new stake in shares of Itron during the fourth quarter worth $34,843,000. Finally, Millennium Management LLC lifted its holdings in shares of Itron by 269.3% during the fourth quarter. Millennium Management LLC now owns 506,867 shares of the scientific and technical instruments company’s stock worth $47,068,000 after purchasing an additional 369,617 shares during the period. Institutional investors and hedge funds own 96.19% of the company’s stock.

Trending Headlines about Itron

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Analysts remain generally optimistic about ITRI: eight rate the shares Buy, four rate them Hold and one rates them Sell. The consensus price target is $131.33, with recent Buy ratings and target increases from Needham, Seaport Research Partners and Roth Capital supporting the bullish case. Itron analyst ratings
• Positive Sentiment: Institutional ownership is high at 96.19%, and several large investors—including California State Teachers’ Retirement System, Norges Bank, Jupiter Topco, Soros Fund Management and Millennium Management—have reported new or expanded positions. This could provide support for the stock.
• Neutral Sentiment: Reported short interest was listed at zero shares, but the accompanying percentage-change data was invalid. As a result, the report provides little insight into bearish positioning or potential short-covering demand.
• Negative Sentiment: Multiple executives sold shares recently, including CFO Joan S. Hooper and several senior vice presidents. Most transactions were explicitly made to cover tax-withholding obligations tied to vested equity awards, and the executives retained substantial holdings, reducing the negative signal. However, the concentration of sales may still weigh on sentiment. Itron SEC insider-sale filing
• Negative Sentiment: Itron’s latest quarterly results were mixed: EPS of $1.59 exceeded the $1.29 consensus estimate, but revenue declined 7.2% year over year to $562.9 million and fell slightly short of expectations. The company maintained 2026 guidance of $6.30–$6.50 in EPS, but the softer revenue trend remains a fundamental risk.

Analysts Set New Price Targets

Several brokerages have weighed in on ITRI. Weiss Ratings restated a “hold (c)” rating on shares of Itron in a report on Wednesday, August 5th. Needham & Company LLC upped their target price on shares of Itron from $116.00 to $128.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. TD Cowen reduced their target price on shares of Itron from $145.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Robert W. Baird set a $125.00 price target on shares of Itron in a research note on Wednesday, July 29th. Finally, Zacks Research upgraded shares of Itron from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $131.33.

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.