Insider Selling: Itron (NASDAQ:ITRI) SVP Sells $539,407.26 in Stock

Itron, Inc. (NASDAQ:ITRI) SVP Donald Reeves III sold 5,419 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $99.54, for a total transaction of $539,407.26. Following the completion of the transaction, the senior vice president directly owned 33,140 shares of the company’s stock, valued at $3,298,755.60. This trade represents a 14.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Itron Stock Down 0.7%

Shares of NASDAQ ITRI opened at $97.15 on Thursday. Itron, Inc. has a 12-month low of $88.57 and a 12-month high of $142.00. The stock’s fifty day simple moving average is $97.82 and its two-hundred day simple moving average is $109.44. The stock has a market capitalization of $4.37 billion, a PE ratio of 14.92, a price-to-earnings-growth ratio of 0.85 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 (NASDAQ:ITRI) last released its quarterly earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 EPS for the quarter, topping the consensus estimate of $2.19 by $0.27. The firm had revenue of $571.66 million during the quarter, compared to analyst estimates of $561.31 million. Itron had a return on equity of 20.04% and a net margin of 12.72%.The business’s revenue for the quarter was down 6.7% compared to the same quarter last year. During the same period in the previous year, the company 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 expect that Itron, Inc. will post 5.33 EPS for the current fiscal year.

Institutional Investors Weigh In On Itron

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Private Trust Co. NA grew its holdings in shares of Itron by 112.4% during the fourth quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company’s stock valued at $25,000 after buying an additional 145 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in Itron during the 2nd quarter worth about $30,000. Employees Retirement System of Texas purchased a new stake in Itron during the 3rd quarter valued at about $32,000. Bessemer Group Inc. grew its stake in Itron by 125.7% during the 2nd 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. acquired a new position in shares of Itron in the third quarter valued at about $36,000. 96.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ITRI has been the topic of a number of analyst reports. Weiss Ratings downgraded shares of Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Robert W. Baird set a $128.00 price target on shares of Itron and gave the stock an “outperform” rating in a report on Wednesday, February 18th. Oppenheimer upped their price target on Itron from $125.00 to $133.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Johnson Rice raised Itron from an “accumulate” rating to a “buy” rating and set a $130.00 price objective for the company in a research report on Monday, January 5th. Finally, Guggenheim set a $155.00 target price on Itron in a research note on Friday, February 13th. Seven investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $138.56.

Key Headlines Impacting Itron

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Itron’s Q4 results and guidance surprised to the upside — the company reported an EPS beat and set Q1 and FY2026 EPS guidance that supports continued profitability, which is a constructive fundamental datapoint for valuation and near‑term earnings expectations. 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; proceeds will fund a $100M concurrent repurchase, capped‑call hedges, repayment of existing 2026 convertible notes and general corporate purposes. The structure (conversion price ≈ $123.77, capped call cap ≈ $190.42) reduces immediate cash interest but introduces conversion/dilution mechanics and near‑term hedging activity that may create volatility. Itron Prices Upsized $700.0 Million Convertible Senior Notes Offering
• Negative Sentiment: A concentrated cluster of insider stock sales by multiple senior executives (including the CFO and several SVPs) occurred around Feb. 19–20 at prices near $99–$100 — the volume and timing (many filings disclosed in the same window) can be read negatively by the market as increased supply or reduced insider conviction. Wave of Insider Moves as Itron’s Top Brass Cash In on Company Stock
• Negative Sentiment: Institutional rebalancing reported in recent datasets shows several large asset managers materially reducing ITRI positions in the latest quarter — such outflows from big holders can amplify downward pressure if sustained. Quiver Quant Summary (includes institutional and insider activity)

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.