Insider Selling: Itron (NASDAQ:ITRI) SVP Sells $28,297.17 in Stock

Itron, Inc. (NASDAQ:ITRI) SVP Donald Reeves III sold 283 shares of the firm’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $99.99, for a total value of $28,297.17. Following the sale, the senior vice president owned 27,662 shares in the company, valued at $2,765,923.38. This trade represents a 1.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Itron Trading Up 0.1%

ITRI traded up $0.14 during midday trading on Wednesday, hitting $98.87. The company’s stock had a trading volume of 116,347 shares, compared to its average volume of 875,185. Itron, Inc. has a 52-week low of $77.77 and a 52-week high of $142.00. The firm has a 50-day moving average price of $91.23 and a two-hundred day moving average price of $90.07. The firm has a market cap of $4.33 billion, a P/E ratio of 16.51, a PEG ratio of 1.18 and a beta of 1.30. The company has a current ratio of 2.75, a quick ratio of 2.29 and a debt-to-equity ratio of 0.96.

Itron (NASDAQ:ITRI) last posted its quarterly earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.30. The company had revenue of $562.90 million for the quarter, compared to the consensus estimate of $566.34 million. Itron had a net margin of 11.90% and a return on equity of 19.26%. Itron’s revenue was down 7.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.62 earnings per share. 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, research analysts anticipate that Itron, Inc. will post 6.41 earnings per share for the current year.

Key Headlines Impacting Itron

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Wall Street remains constructive on Itron, with eight Buy ratings, four Holds and one Sell. The consensus price target of $131.33 implies meaningful upside from recent levels. Needham raised its target to $128, while Seaport Research Partners maintained a Buy rating and $150 target. Itron analyst ratings
• Positive Sentiment: Institutional ownership is high at 96.19%. California State Teachers’ Retirement System significantly expanded its position, and Norges Bank, Jupiter Topco, Soros Fund Management and Millennium Management also reported notable holdings or purchases. This institutional support may help underpin ITRI. Itron institutional ownership
• Neutral Sentiment: Reported short interest was listed at zero shares with a zero-day short-interest ratio. However, the reported percentage change is invalid, so the data provides little insight into bearish positioning or short-covering potential.
• Negative Sentiment: CFO Joan S. Hooper sold 4,406 shares for approximately $435,577 on August 20 and another 455 shares on August 24. Several senior vice presidents and the chief accounting officer also sold smaller amounts, including Laurie Ann Pulatie-Hahn’s 178-share sale reported most recently. Because the sales were for tax withholding and executives retained substantial holdings, the transactions are less concerning than open-market selling, though the cluster could pressure sentiment. Latest Itron insider sale
• Negative Sentiment: Itron’s latest quarterly results showed strong EPS of $1.59 versus the $1.29 consensus, but revenue fell 7.2% year over year to $562.9 million and slightly missed estimates. The company maintained 2026 EPS guidance of $6.30–$6.50, leaving revenue growth as an ongoing investor concern.

Hedge Funds Weigh In On Itron

Hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC lifted its position in Itron by 25.3% in the second quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock worth $53,000 after purchasing an additional 81 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings 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 worth $41,000 after buying an additional 101 shares in the last quarter. Impact Partnership Wealth LLC raised its stake in Itron by 4.7% during the first quarter. Impact Partnership Wealth LLC now owns 2,661 shares of the scientific and technical instruments company’s stock worth $239,000 after acquiring an additional 119 shares in the last quarter. Xponance LLC increased its position in shares of Itron by 3.2% during the 4th quarter. Xponance LLC now owns 3,877 shares of the scientific and technical instruments company’s stock worth $360,000 after purchasing an additional 120 shares in the last quarter. Finally, Maryland State Retirement & Pension System increased its holdings in shares of Itron by 2.2% during the fourth quarter. Maryland State Retirement & Pension System now owns 6,718 shares of the scientific and technical instruments company’s stock worth $624,000 after buying an additional 146 shares in the last quarter. Institutional investors and hedge funds own 96.19% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ITRI shares. Zacks Research upgraded 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 target price on shares of Itron in a research report on Wednesday, April 29th. Weiss Ratings restated a “hold (c)” rating on shares of Itron in a research note on Wednesday, August 5th. Seaport Research Partners reaffirmed a “buy” rating and set a $150.00 price target on shares of Itron in a research note on Wednesday, July 29th. Finally, Stephens reiterated an “overweight” rating and issued a $130.00 price objective on shares of Itron in a report on Wednesday, May 20th. 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. Based on data from MarketBeat, Itron has an average rating of “Moderate Buy” and a consensus price target 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.