Joan Hooper Sells 3,533 Shares of Itron (NASDAQ:ITRI) Stock

Itron, Inc. (NASDAQ:ITRI) CFO Joan Hooper sold 3,533 shares of Itron stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $95.92, for a total value of $338,885.36. Following the sale, the chief financial officer directly owned 118,275 shares in the company, valued at approximately $11,344,938. This trade represents a 2.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Itron Price Performance

Shares of ITRI stock traded down $0.03 during mid-day trading on Monday, reaching $93.93. The company’s stock had a trading volume of 195,206 shares, compared to its average volume of 958,585. The firm’s 50-day moving average is $97.80 and its two-hundred day moving average is $108.89. The company has a market cap of $4.22 billion, a P/E ratio of 14.43, a PEG ratio of 0.82 and a beta of 1.48. Itron, Inc. has a 1-year low of $88.57 and a 1-year high of $142.00. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.56 and a current ratio of 1.80.

Itron (NASDAQ:ITRI) last released its quarterly earnings data 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. The company 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%.The company’s revenue was down 6.7% compared to the same quarter last year. During the same period in the prior 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. On average, research analysts predict that Itron, Inc. will post 5.33 earnings per share for the current year.

Hedge Funds Weigh In On Itron

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. bought a new stake in Itron during the fourth quarter worth $12,864,000. Mercer Global Advisors Inc. ADV increased its stake in shares of Itron by 18.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 2,787 shares of the scientific and technical instruments company’s stock worth $259,000 after purchasing an additional 441 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Itron in the 4th quarter valued at about $1,032,000. Voloridge Investment Management LLC lifted its stake in Itron by 164.1% in the 4th quarter. Voloridge Investment Management LLC now owns 197,536 shares of the scientific and technical instruments company’s stock valued at $18,343,000 after purchasing an additional 122,733 shares during the last quarter. Finally, Symmetry Investments LP acquired a new stake in Itron in the 4th quarter valued at about $3,334,000. 96.19% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ITRI shares. Robert W. Baird set a $128.00 target price on Itron and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Zacks Research raised shares of Itron from a “strong sell” rating to a “hold” rating in a research note on Thursday. Stephens raised shares of Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 target price for the company in a research note on Monday, November 3rd. Weiss Ratings cut shares of Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Finally, Johnson Rice raised shares of Itron from an “accumulate” rating to a “buy” rating and set a $130.00 price target for the company in a report on Monday, January 5th. Seven analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Itron currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.56.

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.