Itron (NASDAQ:ITRI) SVP Sells $82,940.76 in Stock

Itron, Inc. (NASDAQ:ITRI) SVP Justin Patrick sold 828 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $100.17, for a total transaction of $82,940.76. Following the transaction, the senior vice president owned 33,516 shares in the company, valued at approximately $3,357,297.72. This trade represents a 2.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Itron Stock Down 4.4%

Shares of ITRI stock traded down $4.33 on Monday, hitting $95.21. The company’s stock had a trading volume of 2,762,408 shares, compared to its average volume of 824,922. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 14.63, a P/E/G ratio of 0.86 and a beta of 1.48. Itron, Inc. has a fifty-two week low of $88.57 and a fifty-two week high of $142.00. The firm’s fifty day moving average price is $97.72 and its 200-day moving average price is $109.93. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.80 and a quick ratio of 1.56.

Itron (NASDAQ:ITRI) last posted its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share 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 company had revenue of $571.66 million for the quarter, compared to analyst estimates of $561.31 million. During the same period last year, the company earned $1.35 earnings per share. The business’s 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. Research analysts anticipate that Itron, Inc. will post 5.33 EPS for the current year.

Key Stories Impacting Itron

Here are the key news stories impacting Itron this week:

• Neutral Sentiment: Itron announced a $600.0 million offering of convertible senior notes — this raises cash but can be dilutive if converted; market reaction depends on use of proceeds and conversion terms. Itron Announces $600.0 Million Convertible Senior Notes
• Negative Sentiment: SVP Christopher E. Ware sold 4,486 shares at ~$99.54 (reducing his stake ~12.36%). Form 4 – Christopher E. Ware
• Negative Sentiment: SVP Donald L. Reeves III sold 5,419 shares at ~$99.54 (reducing his stake ~14.05%). Form 4 – Donald L. Reeves III
• Negative Sentiment: SVP Laurie Ann Pulatie‑Hahn sold 3,755 shares at ~$99.54 (reducing her stake ~10.03%). Form 4 – Laurie Ann Pulatie‑Hahn
• Negative Sentiment: SVP Justin K. Patrick sold 4,930 shares at ~$99.54 (reducing his stake ~12.55%). Form 4 – Justin K. Patrick
• Negative Sentiment: SVP John F. Marcolini sold 6,948 shares at ~$99.54 (reducing his stake ~20.52%). Form 4 – John F. Marcolini
• Negative Sentiment: CFO Joan S. Hooper sold 15,293 shares at ~$99.54 (reducing her stake ~10.96%); a CFO sale of this size is often viewed negatively by investors. Form 4 – Joan S. Hooper

Institutional Trading of Itron

Hedge funds have recently bought and sold shares of the stock. Campbell & CO Investment Adviser LLC acquired a new position in shares of Itron during the third quarter valued at about $1,300,000. Robeco Schweiz AG grew its position in Itron by 31.2% during the third quarter. Robeco Schweiz AG now owns 372,176 shares of the scientific and technical instruments company’s stock worth $46,358,000 after buying an additional 88,504 shares in the last quarter. Schroder Investment Management Group increased its stake in Itron by 23.6% during the second quarter. Schroder Investment Management Group now owns 376,087 shares of the scientific and technical instruments company’s stock valued at $49,504,000 after acquiring an additional 71,702 shares during the period. J. Safra Sarasin Holding AG acquired a new position in Itron in the 3rd quarter valued at approximately $4,673,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of Itron by 34.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 148,317 shares of the scientific and technical instruments company’s stock worth $18,474,000 after acquiring an additional 37,634 shares during the period. 96.19% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Stephens upgraded Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 price target on the stock in a report on Monday, November 3rd. Weiss Ratings lowered shares of Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Robert W. Baird set a $128.00 target price on shares of Itron and gave the stock an “outperform” rating in a report on Wednesday, February 18th. Oppenheimer upped their price target on shares of Itron from $125.00 to $133.00 and gave the company an “outperform” rating in a report on Wednesday, February 18th. Finally, Guggenheim set a $155.00 price objective on Itron in a research note on Friday, February 13th. Eight equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $137.90.

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.