Itron (NASDAQ:ITRI) Sees Strong Trading Volume – What’s Next?

Itron, Inc. (NASDAQ:ITRI) shares saw an uptick in trading volume on Tuesday . 2,908,377 shares were traded during trading, an increase of 231% from the previous session’s volume of 878,055 shares.The stock last traded at $97.9410 and had previously closed at $95.21.

Key Stories Impacting Itron

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Itron reported a solid Q4 with an EPS beat and set Q1/FY2026 guidance that exceeded expectations — this supports near-term earnings momentum and helps justify the stock’s re-rating. 5 Insightful Analyst Questions From Itron’s Q4 Earnings Call
• Neutral Sentiment: Itron priced an upsized $700M 0.00% convertible senior notes offering due 2032 (up from $600M). Management will use proceeds for a $100M concurrent share repurchase, capped-call hedges to limit dilution, and repayment of existing convertibles — a balance of deleveraging/buybacks versus potential future dilution; hedging activity may also move the stock near settlement. Itron Prices Upsized $700.0 Million Offering
• Neutral Sentiment: Brokerage coverage remains constructive (consensus “Moderate Buy” and recent Outperform/Overweight calls), which provides support for the shares even as the market digests other news. Consensus Rating of “Moderate Buy”
• Negative Sentiment: Clustered insider selling: multiple senior executives (including the CFO, several SVPs and the CAO) sold shares over Feb. 19–20 in a series of Form 4 filings — a sizable, concentrated wave of sales that can be interpreted as increased supply or management de-risking and may pressure short-term sentiment. Wave of Insider Moves

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ITRI shares. Weiss Ratings downgraded shares of Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Wall Street Zen lowered shares of Itron from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Zacks Research cut shares of Itron from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 28th. Guggenheim set a $155.00 price target on Itron in a research note on Friday, February 13th. Finally, Stephens upgraded Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 price target on the stock in a research report on Monday, November 3rd. Eight investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $137.90.

Itron Trading Up 3.3%

The stock has a market capitalization of $4.42 billion, a price-to-earnings ratio of 15.16, a PEG ratio of 0.86 and a beta of 1.48. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.80 and a quick ratio of 1.56. The business has a 50 day simple moving average of $97.72 and a 200-day simple moving average of $109.72.

Itron (NASDAQ:ITRI) last issued its quarterly earnings data 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. Itron had a return on equity of 20.04% and a net margin of 12.72%.The business had revenue of $571.66 million during the quarter, compared to analyst estimates of $561.31 million. During the same period in the previous year, the firm earned $1.35 EPS. Itron’s quarterly revenue was down 6.7% compared to the same quarter last year. 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, equities analysts expect that Itron, Inc. will post 5.33 earnings per share for the current year.

Insider Transactions at Itron

In other Itron news, CFO Joan S. Hooper sold 1,426 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $100.17, for a total transaction of $142,842.42. Following the completion of the transaction, the chief financial officer owned 122,770 shares of the company’s stock, valued at $12,297,870.90. This represents a 1.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Christopher E. Ware sold 763 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $100.17, for a total transaction of $76,429.71. Following the transaction, the senior vice president directly owned 31,043 shares of the company’s stock, valued at $3,109,577.31. This represents a 2.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 47,128 shares of company stock worth $4,695,811. 1.45% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Private Trust Co. NA lifted its position in 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 worth $25,000 after buying an additional 145 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in Itron during the second quarter worth about $30,000. Employees Retirement System of Texas bought a new stake in Itron during the third quarter worth about $32,000. Bessemer Group Inc. boosted its position in Itron by 125.7% during the second quarter. Bessemer Group Inc. now owns 255 shares of the scientific and technical instruments company’s stock valued at $34,000 after purchasing an additional 142 shares during the last quarter. Finally, Optiver Holding B.V. bought a new position in Itron in the third quarter valued at approximately $36,000. Institutional investors own 96.19% of the company’s stock.

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.