Insider Selling: Itron (NASDAQ:ITRI) SVP Sells 124 Shares of Stock

Itron, Inc. (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn sold 124 shares of Itron stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $81.59, for a total transaction of $10,117.16. Following the completion of the transaction, the senior vice president directly owned 32,650 shares in the company, valued at approximately $2,663,913.50. This represents a 0.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Laurie Ann Pulatie-Hahn also recently made the following trade(s):

• On Friday, February 20th, Laurie Ann Pulatie-Hahn sold 729 shares of Itron stock. The stock was sold at an average price of $100.17, for a total transaction of $73,023.93.
• On Thursday, February 19th, Laurie Ann Pulatie-Hahn sold 3,755 shares of Itron stock. The stock was sold at an average price of $99.54, for a total transaction of $373,772.70.
• On Wednesday, February 11th, Laurie Ann Pulatie-Hahn sold 142 shares of Itron stock. The stock was sold at an average price of $105.26, for a total transaction of $14,946.92.

Itron Stock Performance

ITRI stock traded down $0.56 on Tuesday, reaching $81.15. 435,070 shares of the company were exchanged, compared to its average volume of 953,473. Itron, Inc. has a 12 month low of $78.53 and a 12 month high of $142.00. The stock’s fifty day moving average price is $90.64 and its 200 day moving average price is $97.23. The firm has a market capitalization of $3.60 billion, a PE ratio of 12.94, a PEG ratio of 0.72 and a beta of 1.35. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.66 and a quick ratio of 2.24.

Itron (NASDAQ:ITRI) last announced its earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.23. Itron had a net margin of 12.31% and a return on equity of 19.54%. The business had revenue of $586.98 million for the quarter, compared to analyst estimates of $572.04 million. During the same quarter in the previous year, the firm posted $1.52 earnings per share. Itron’s revenue was down 3.3% compared to the same quarter last year. Itron has set its Q2 2026 guidance at 1.250-1.350 EPS. On average, research analysts anticipate that Itron, Inc. will post 6.01 EPS for the current fiscal year.

Institutional Investors Weigh In On Itron

Institutional investors and hedge funds have recently bought and sold shares of the business. Private Trust Co. NA increased its holdings in Itron by 112.4% in the 4th quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company’s stock valued at $25,000 after buying an additional 145 shares during the period. Employees Retirement System of Texas acquired a new stake in shares of Itron in the 3rd quarter valued at $32,000. Optiver Holding B.V. acquired a new stake in shares of Itron in the 3rd quarter valued at $36,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Itron by 29.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock valued at $41,000 after purchasing an additional 101 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Itron in the 3rd quarter valued at $44,000. Institutional investors own 96.19% of the company’s stock.

Wall Street Analysts Forecast Growth

ITRI has been the topic of a number of research reports. Roth Mkm reaffirmed a “buy” rating and set a $136.00 target price on shares of Itron in a research report on Wednesday, April 29th. JPMorgan Chase & Co. dropped their target price on shares of Itron from $133.00 to $113.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Itron in a report on Friday. Needham & Company LLC began coverage on shares of Itron in a report on Friday, March 6th. They issued a “buy” rating and a $124.00 price target on the stock. Finally, Oppenheimer boosted their price target on shares of Itron from $133.00 to $135.00 and gave the company an “outperform” rating in a report on Thursday, April 16th. 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. According to data from MarketBeat, Itron has a consensus rating of “Moderate Buy” and a consensus target price of $131.22.

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.