Itron (NASDAQ:ITRI) SVP Sells $14,407.60 in Stock

Itron, Inc. (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn sold 181 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $79.60, for a total transaction of $14,407.60. Following the transaction, the senior vice president directly owned 32,469 shares in the company, valued at approximately $2,584,532.40. The trade was a 0.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through 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 Monday, May 11th, Laurie Ann Pulatie-Hahn sold 124 shares of Itron stock. The shares were sold at an average price of $81.59, for a total transaction of $10,117.16.
• On Friday, February 20th, Laurie Ann Pulatie-Hahn sold 729 shares of Itron stock. The shares were sold at an average price of $100.17, for a total transaction of $73,023.93.

Itron Price Performance

Itron stock traded up $0.93 during trading hours on Thursday, hitting $82.28. 376,875 shares of the company traded hands, compared to its average volume of 937,478. The firm has a market cap of $3.65 billion, a P/E ratio of 13.15, a P/E/G ratio of 0.68 and a beta of 1.35. The company has a quick ratio of 2.24, a current ratio of 2.66 and a debt-to-equity ratio of 0.97. The firm’s 50-day simple moving average is $88.85 and its two-hundred day simple moving average is $94.73. Itron, Inc. has a 1-year low of $77.77 and a 1-year high of $142.00.

Itron (NASDAQ:ITRI) last released its earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.26 by $0.23. The firm had revenue of $586.98 million for the quarter, compared to analysts’ expectations of $572.04 million. Itron had a net margin of 12.31% and a return on equity of 19.54%. Itron’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter last year, the company earned $1.52 EPS. Itron has set its Q2 2026 guidance at 1.250-1.350 EPS. As a group, analysts forecast that Itron, Inc. will post 6.01 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on ITRI. Guggenheim set a $155.00 target price on shares of Itron in a research note on Friday, February 13th. Oppenheimer lifted their price objective on shares of Itron from $133.00 to $135.00 and gave the stock an “outperform” rating in a research note on Thursday, April 16th. Raymond James Financial started coverage on shares of Itron in a research note on Tuesday, April 21st. They issued an “underperform” rating on the stock. TD Cowen lowered their price objective on shares of Itron from $145.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, Needham & Company LLC started coverage on shares of Itron in a research note on Friday, March 6th. They issued a “buy” rating and a $124.00 price objective on the stock. Eight research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $131.22.

Hedge Funds Weigh In On Itron

Hedge funds have recently made changes to their positions in the business. Employees Retirement System of Texas acquired a new position in shares of Itron in the 3rd quarter worth approximately $32,000. Private Trust Co. NA grew its stake in shares of 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 worth $25,000 after purchasing an additional 145 shares during the last quarter. Optiver Holding B.V. purchased a new position in shares of Itron in the third quarter worth approximately $36,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Itron by 343.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 346 shares of the scientific and technical instruments company’s stock worth $46,000 after acquiring an additional 268 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of Itron in the third quarter worth approximately $44,000. Institutional investors and hedge funds own 96.19% of the company’s stock.

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.