Insider Selling: Itron (NASDAQ:ITRI) CFO Sells $142,842.42 in Stock

Itron, Inc. (NASDAQ:ITRI) CFO Joan Hooper sold 1,426 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $100.17, for a total transaction of $142,842.42. Following the completion of the sale, the chief financial officer directly owned 122,770 shares in the company, valued at approximately $12,297,870.90. This trade represents a 1.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Itron Trading Down 0.7%

Shares of NASDAQ:ITRI opened at $97.15 on Thursday. The company has a market cap of $4.37 billion, a PE ratio of 14.92, a P/E/G ratio of 0.85 and a beta of 1.48. The company’s 50 day moving average is $97.82 and its two-hundred day moving average is $109.44. Itron, Inc. has a 52 week low of $88.57 and a 52 week high of $142.00. 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 posted its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 EPS for the quarter, beating the consensus estimate of $2.19 by $0.27. The firm had revenue of $571.66 million for 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%.Itron’s revenue for the quarter was down 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.35 earnings per share. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. Equities analysts predict that Itron, Inc. will post 5.33 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently weighed in on ITRI. Oppenheimer increased their target price on shares of Itron from $125.00 to $133.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. Guggenheim set a $155.00 target price on Itron in a research note on Friday, February 13th. Wall Street Zen cut shares of Itron from a “buy” rating to a “hold” rating in a research report on Wednesday, January 14th. Stephens upgraded Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 target price on the stock in a report on Monday, November 3rd. Finally, Weiss Ratings downgraded Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Seven investment 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $138.56.

Key Itron News

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)

Institutional Trading of Itron

A number of hedge funds have recently added to or reduced their stakes in ITRI. Campbell & CO Investment Adviser LLC acquired a new position in shares of Itron in the 3rd quarter valued at $1,300,000. Robeco Schweiz AG raised its position in shares of Itron by 31.2% in the 3rd 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 during the period. Schroder Investment Management Group boosted its holdings in Itron by 23.6% in 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 last quarter. J. Safra Sarasin Holding AG acquired a new position in Itron in the third quarter valued at $4,673,000. Finally, Envestnet Asset Management Inc. grew its position in Itron by 34.0% during the third quarter. Envestnet Asset Management Inc. now owns 148,317 shares of the scientific and technical instruments company’s stock valued at $18,474,000 after acquiring an additional 37,634 shares during the period. 96.19% of the stock is owned by institutional investors and hedge funds.

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.