John Marcolini Sells 275 Shares of Itron (NASDAQ:ITRI) Stock

Itron, Inc. (NASDAQ:ITRI) SVP John Marcolini sold 275 shares of Itron stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $97.83, for a total transaction of $26,903.25. Following the completion of the transaction, the senior vice president directly owned 13,014 shares in the company, valued at $1,273,159.62. This represents a 2.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Stock Performance

Shares of ITRI opened at $98.73 on Wednesday. The company has a current ratio of 2.75, a quick ratio of 2.29 and a debt-to-equity ratio of 0.96. The firm has a market cap of $4.32 billion, a PE ratio of 16.48, a P/E/G ratio of 1.18 and a beta of 1.30. Itron, Inc. has a 12 month low of $77.77 and a 12 month high of $142.00. The stock has a fifty day moving average price of $91.23 and a 200-day moving average price of $90.07.

Itron (NASDAQ:ITRI) last announced its earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.30. Itron had a return on equity of 19.26% and a net margin of 11.90%.The firm had revenue of $562.90 million for the quarter, compared to the consensus estimate of $566.34 million. During the same period in the previous year, the business earned $1.62 EPS. The firm’s revenue for the quarter was down 7.2% on a year-over-year basis. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. Equities research analysts predict that Itron, Inc. will post 6.41 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on ITRI. Zacks Research upgraded shares of Itron from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Roth Capital reissued a “buy” rating and set a $136.00 price objective on shares of Itron in a report on Wednesday, April 29th. Robert W. Baird set a $125.00 target price on Itron in a research report on Wednesday, July 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Itron in a research report on Wednesday, August 5th. Finally, Seaport Research Partners reiterated a “buy” rating and set a $150.00 price target on shares of Itron in a research note on Wednesday, July 29th. Eight equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $131.33.

Hedge Funds Weigh In On Itron

Several large investors have recently made changes to their positions in the company. Employees Retirement System of Texas acquired a new stake in Itron during the third quarter valued at $32,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Itron by 343.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 346 shares of the scientific and technical instruments company’s stock worth $46,000 after acquiring an additional 268 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Itron during the 3rd quarter valued at about $49,000. EverSource Wealth Advisors LLC increased its stake in shares of Itron by 25.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock valued at $53,000 after purchasing an additional 81 shares in the last quarter. Finally, PenderFund Capital Management Ltd. acquired a new position in Itron in the 2nd quarter worth about $35,000. 96.19% of the stock is currently owned by institutional investors and hedge funds.

Itron News Roundup

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Wall Street remains broadly constructive on ITRI. Eight analysts rate the stock Buy, compared with four Holds and one Sell, with an average price target of $131.33—well above its recent trading level. Recent Buy ratings and target increases from Needham, Seaport Research Partners and Roth Capital reinforce the bullish outlook. Itron analyst ratings
• Positive Sentiment: Institutional ownership remains substantial at 96.19%. California State Teachers’ Retirement System sharply increased its position during the second quarter, while Norges Bank, Jupiter Topco, Soros Fund Management and Millennium Management also reported significant holdings or purchases. This institutional support may help underpin the stock. Itron institutional ownership
• Neutral Sentiment: Reported short interest was listed at zero shares, producing a zero-day short-interest ratio. Because the data also shows an invalid percentage change, it offers little useful information about current bearish positioning or potential short-covering demand.
• Negative Sentiment: Several Itron executives recently sold shares, including CFO Joan S. Hooper’s sale of 4,406 shares on August 20 and an additional 455 shares on August 24. Multiple senior vice presidents and the chief accounting officer also sold smaller amounts. The filings state that the transactions covered tax-withholding obligations from vested equity awards, and the executives retained sizable positions, making the signal less concerning than open-market selling—but the cluster of sales could still pressure investor sentiment. Itron SEC insider-sale filing
• Negative Sentiment: The latest quarterly results showed strong EPS of $1.59 versus the $1.29 consensus estimate, but revenue declined 7.2% year over year to $562.9 million and fell slightly short of estimates. That softer revenue trend remains a fundamental risk despite the company’s maintained 2026 earnings guidance.

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.