Insider Selling: Itron (NASDAQ:ITRI) SVP Sells $20,739.96 in Stock

Itron, Inc. (NASDAQ:ITRI) SVP Justin Patrick sold 212 shares of Itron stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $97.83, for a total value of $20,739.96. Following the completion of the transaction, the senior vice president owned 32,497 shares in the company, valued at approximately $3,179,181.51. The trade was a 0.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Price Performance

Itron stock opened at $98.86 on Thursday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.29 and a current ratio of 2.75. Itron, Inc. has a 52 week low of $77.77 and a 52 week high of $142.00. The stock has a market capitalization of $4.33 billion, a P/E ratio of 16.50, a price-to-earnings-growth ratio of 1.18 and a beta of 1.30. The stock has a fifty day moving average of $91.62 and a 200-day moving average of $90.06.

Itron (NASDAQ:ITRI) last released its quarterly earnings data on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share for the quarter, beating 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 business had revenue of $562.90 million for the quarter, compared to analyst estimates of $566.34 million. During the same period last year, the firm posted $1.62 earnings per share. Itron’s revenue was down 7.2% compared to the same quarter last year. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. On average, sell-side analysts expect that Itron, Inc. will post 6.41 earnings per share for the current fiscal year.

Key Itron News

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Analysts remain generally optimistic about ITRI: eight rate the shares Buy, four rate them Hold and one rates them Sell. The consensus price target is $131.33, with recent Buy ratings and target increases from Needham, Seaport Research Partners and Roth Capital supporting the bullish case. Itron analyst ratings
• Positive Sentiment: Institutional ownership is high at 96.19%, and several large investors—including California State Teachers’ Retirement System, Norges Bank, Jupiter Topco, Soros Fund Management and Millennium Management—have reported new or expanded positions. This could provide support for the stock.
• Neutral Sentiment: Reported short interest was listed at zero shares, but the accompanying percentage-change data was invalid. As a result, the report provides little insight into bearish positioning or potential short-covering demand.
• Negative Sentiment: Multiple executives sold shares recently, including CFO Joan S. Hooper and several senior vice presidents. Most transactions were explicitly made to cover tax-withholding obligations tied to vested equity awards, and the executives retained substantial holdings, reducing the negative signal. However, the concentration of sales may still weigh on sentiment. Itron SEC insider-sale filing
• Negative Sentiment: Itron’s latest quarterly results were mixed: EPS of $1.59 exceeded the $1.29 consensus estimate, but revenue declined 7.2% year over year to $562.9 million and fell slightly short of expectations. The company maintained 2026 guidance of $6.30–$6.50 in EPS, but the softer revenue trend remains a fundamental risk.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Employees Retirement System of Texas acquired a new stake in Itron during the 3rd quarter worth approximately $32,000. PenderFund Capital Management Ltd. acquired a new position in Itron in the 2nd quarter valued at approximately $35,000. Quantbot Technologies LP bought a new position in shares of Itron during the second quarter valued at $36,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Itron by 29.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock valued at $41,000 after acquiring an additional 101 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Itron during the second quarter worth $48,000. Institutional investors own 96.19% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Itron in a report on Wednesday, August 5th. Stephens reissued an “overweight” rating and issued a $130.00 price objective on shares of Itron in a research note on Wednesday, May 20th. TD Cowen cut their target price on shares of Itron from $145.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Zacks Research raised shares of Itron from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Finally, Needham & Company LLC upped their price target on shares of Itron from $116.00 to $128.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Eight investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Itron presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.33.

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.