Insider Selling: Itron (NASDAQ:ITRI) SVP Sells $19,758.00 in Stock

Itron, Inc. (NASDAQ:ITRI) SVP Christopher Ware sold 200 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $98.79, for a total transaction of $19,758.00. Following the completion of the sale, the senior vice president owned 29,916 shares in the company, valued at $2,955,401.64. This represents a 0.66% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Price Performance

Shares of ITRI traded up $0.04 during trading hours on Tuesday, hitting $98.73. The stock had a trading volume of 594,864 shares, compared to its average volume of 879,926. The stock has a market capitalization of $4.32 billion, a price-to-earnings ratio of 16.48, a P/E/G ratio of 1.20 and a beta of 1.30. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.75 and a quick ratio of 2.29. The company’s fifty day moving average is $90.88 and its two-hundred day moving average is $90.09. Itron, Inc. has a 52 week low of $77.77 and a 52 week high of $142.00.

Itron (NASDAQ:ITRI) last announced its quarterly earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.30. Itron had a net margin of 11.90% and a return on equity of 19.26%. The firm had revenue of $562.90 million during the quarter, compared to the consensus estimate of $566.34 million. During the same period last year, the firm posted $1.62 EPS. The firm’s quarterly revenue 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. On average, analysts anticipate that Itron, Inc. will post 6.4 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ITRI. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Itron in the 2nd quarter valued at $299,000. California State Teachers Retirement System grew its stake in shares of Itron by 7,889.6% during the second quarter. California State Teachers Retirement System now owns 4,397,628 shares of the scientific and technical instruments company’s stock worth $380,527,000 after purchasing an additional 4,342,586 shares during the period. Readystate Asset Management LP bought a new stake in Itron in the second quarter valued at about $1,809,000. AlphaGrep UK Ltd bought a new stake in Itron in the second quarter valued at about $232,000. Finally, Raiffeisen Bank International AG lifted its stake in Itron by 5.9% in the second quarter. Raiffeisen Bank International AG now owns 250,000 shares of the scientific and technical instruments company’s stock valued at $20,930,000 after buying an additional 14,000 shares during the period. Institutional investors and hedge funds own 96.19% of the company’s stock.

Trending Headlines about Itron

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Wall Street remains broadly optimistic. Itron has a “Moderate Buy” consensus rating from eight Buy, four Hold and one Sell recommendation, with an average price target of $131.33—well above recent trading levels. Needham raised its target to $128, while Seaport Research Partners set a $150 target. Itron analyst ratings
• Positive Sentiment: Itron’s latest quarterly results exceeded expectations on earnings, reporting $1.59 per share versus the $1.29 consensus estimate. Management also guided for third-quarter 2026 EPS of $1.50–$1.60 and full-year EPS of $6.30–$6.50. Itron earnings and guidance
• Neutral Sentiment: Institutional ownership is high at 96.19%, and several large funds recently increased or initiated positions. That suggests continued institutional interest, although ownership changes do not necessarily indicate near-term buying pressure. Itron institutional ownership
• Negative Sentiment: CFO Joan S. Hooper sold 4,406 shares worth approximately $435,577, while several senior vice presidents and the chief accounting officer collectively sold 1,213 additional shares. The concentration of sales can weigh on sentiment, even though the executives retained substantial positions and identified tax withholding—not an open-market bearish bet—as the reason for the transactions. SEC insider transaction filing
• Negative Sentiment: Revenue in the latest quarter declined 7.2% year over year to $562.9 million, slightly below analyst expectations. This contraction may temper enthusiasm despite the earnings beat and current-year guidance. Itron quarterly results

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ITRI. Robert W. Baird set a $125.00 target price on shares of Itron in a research report on Wednesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Itron in a research report on Wednesday, August 5th. Stephens reaffirmed an “overweight” rating and set a $130.00 price objective on shares of Itron in a report on Wednesday, May 20th. Needham & Company LLC increased their price objective on Itron from $116.00 to $128.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, Zacks Research raised Itron from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Eight equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Itron presently has an average rating of “Moderate Buy” and a consensus target price of $131.33.

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.