Itron (NASDAQ:ITRI) SVP Sells $490,732.20 in Stock

Itron, Inc. (NASDAQ:ITRI) SVP Justin Patrick sold 4,930 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $99.54, for a total value of $490,732.20. Following the completion of the transaction, the senior vice president owned 34,344 shares in the company, valued at $3,418,601.76. This represents a 12.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Itron Trading Down 0.7%

NASDAQ ITRI opened at $97.15 on Thursday. The stock has a 50-day simple moving average of $97.82 and a 200 day simple moving average of $109.44. The company has a market capitalization of $4.37 billion, a PE ratio of 14.92, a P/E/G ratio of 0.85 and a beta of 1.48. The company has a current ratio of 1.80, a quick ratio of 1.56 and a debt-to-equity ratio of 0.45. Itron, Inc. has a 12 month low of $88.57 and a 12 month high of $142.00.

Itron (NASDAQ:ITRI) last issued its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.27. The firm had revenue of $571.66 million for the quarter, compared to analysts’ expectations of $561.31 million. Itron had a return on equity of 20.04% and a net margin of 12.72%.The company’s revenue was down 6.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.35 earnings per share. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. Research analysts forecast that Itron, Inc. will post 5.33 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Wall Street Zen downgraded shares of Itron from a “buy” rating to a “hold” rating in a research note on Wednesday, January 14th. Johnson Rice upgraded shares of Itron from an “accumulate” rating to a “buy” rating and set a $130.00 price objective for the company in a research report on Monday, January 5th. Stephens upgraded Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 target price on the stock in a report on Monday, November 3rd. Guggenheim set a $155.00 target price on Itron in a research note on Friday, February 13th. Finally, Robert W. Baird set a $128.00 price target on Itron and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Seven investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Itron currently has a consensus rating of “Moderate Buy” and an average target price of $138.56.

Trending Headlines about Itron

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Itron’s Q4 results and guidance surprised to the upside — the company reported an EPS beat and set Q1 and FY2026 EPS guidance that supports continued profitability, which is a constructive fundamental datapoint for valuation and near‑term earnings expectations. 5 Insightful Analyst Questions From Itron’s Q4 Earnings Call
• Neutral Sentiment: Itron priced an upsized $700M 0.00% convertible senior notes offering due 2032; proceeds will fund a $100M concurrent repurchase, capped‑call hedges, repayment of existing 2026 convertible notes and general corporate purposes. The structure (conversion price ≈ $123.77, capped call cap ≈ $190.42) reduces immediate cash interest but introduces conversion/dilution mechanics and near‑term hedging activity that may create volatility. Itron Prices Upsized $700.0 Million Convertible Senior Notes Offering
• Negative Sentiment: A concentrated cluster of insider stock sales by multiple senior executives (including the CFO and several SVPs) occurred around Feb. 19–20 at prices near $99–$100 — the volume and timing (many filings disclosed in the same window) can be read negatively by the market as increased supply or reduced insider conviction. Wave of Insider Moves as Itron’s Top Brass Cash In on Company Stock
• Negative Sentiment: Institutional rebalancing reported in recent datasets shows several large asset managers materially reducing ITRI positions in the latest quarter — such outflows from big holders can amplify downward pressure if sustained. Quiver Quant Summary (includes institutional and insider activity)

Hedge Funds Weigh In On Itron

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Impax Asset Management Group plc increased its holdings in Itron by 127.3% during the 3rd quarter. Impax Asset Management Group plc now owns 1,588,950 shares of the scientific and technical instruments company’s stock worth $197,153,000 after purchasing an additional 890,040 shares in the last quarter. Norges Bank acquired a new position in shares of Itron during the fourth quarter worth about $63,990,000. Soros Fund Management LLC acquired a new position in shares of Itron during the fourth quarter worth about $34,843,000. Millennium Management LLC grew its holdings in shares of Itron by 269.3% during the fourth quarter. Millennium Management LLC now owns 506,867 shares of the scientific and technical instruments company’s stock worth $47,068,000 after buying an additional 369,617 shares in the last quarter. Finally, Merewether Investment Management LP raised its position in Itron by 1,552.7% in the 2nd quarter. Merewether Investment Management LP now owns 300,787 shares of the scientific and technical instruments company’s stock valued at $39,593,000 after buying an additional 282,587 shares during the last quarter. 96.19% of the stock is owned by institutional investors and hedge funds.

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.