Insider Selling: Itron (NASDAQ:ITRI) SVP Sells $14,680.38 in Stock

Itron, Inc. (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn sold 174 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $84.37, for a total value of $14,680.38. Following the transaction, the senior vice president owned 32,295 shares of the company’s stock, valued at $2,724,729.15. The trade was a 0.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Laurie Ann Pulatie-Hahn also recently made the following trade(s):

• On Wednesday, May 20th, Laurie Ann Pulatie-Hahn sold 181 shares of Itron stock. The shares were sold at an average price of $79.60, for a total value of $14,407.60.
• On Monday, May 11th, Laurie Ann Pulatie-Hahn sold 124 shares of Itron stock. The shares were sold at an average price of $81.59, for a total value of $10,117.16.

Itron Price Performance

Shares of NASDAQ:ITRI opened at $82.48 on Friday. Itron, Inc. has a 1-year low of $77.77 and a 1-year high of $142.00. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.66 and a quick ratio of 2.24. The business has a fifty day moving average price of $87.71 and a 200-day moving average price of $93.73. The company has a market capitalization of $3.66 billion, a PE ratio of 13.15, a PEG ratio of 0.73 and a beta of 1.35.

Itron (NASDAQ:ITRI) last issued its quarterly earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.23. Itron had a return on equity of 19.54% and a net margin of 12.31%.The firm had revenue of $586.98 million during the quarter, compared to the consensus estimate of $572.04 million. During the same period last year, the company earned $1.52 earnings per share. The company’s revenue 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, equities analysts expect that Itron, Inc. will post 6.01 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ITRI. Stephens restated an “overweight” rating and set a $130.00 price target on shares of Itron in a report on Wednesday, May 20th. Needham & Company LLC began coverage on Itron in a report on Friday, March 6th. They set a “buy” rating and a $124.00 price target for the company. Roth Mkm reiterated a “buy” rating and issued a $136.00 price objective on shares of Itron in a report on Wednesday, April 29th. Raymond James Financial began coverage on Itron in a report on Tuesday, April 21st. They issued an “underperform” rating for the company. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Itron in a report on Friday, May 8th. Eight equities 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 data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.22.

Institutional Investors Weigh In On Itron

Large investors have recently made changes to their positions in the company. Employees Retirement System of Texas bought a new stake in shares of Itron during the 3rd quarter valued at about $32,000. Private Trust Co. NA grew its stake in shares of Itron by 112.4% during 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 during the period. Optiver Holding B.V. bought a new stake in shares of Itron during the 3rd quarter valued at about $36,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Itron by 343.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 346 shares of the scientific and technical instruments company’s stock valued at $46,000 after purchasing an additional 268 shares during the period. Finally, Aster Capital Management DIFC Ltd bought a new stake in shares of Itron during the 3rd quarter valued at about $44,000. 96.19% of the stock is currently owned by institutional investors.

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.