Insider Selling: Itron (NASDAQ:ITRI) SVP Sells 329 Shares of Stock

Itron, Inc. (NASDAQ:ITRI) SVP Donald Reeves III sold 329 shares of Itron stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $98.79, for a total value of $32,501.91. Following the completion of the transaction, the senior vice president directly owned 27,945 shares in the company, valued at approximately $2,760,686.55. This represents a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Trading Up 0.0%

ITRI stock traded up $0.04 during midday trading on Tuesday, hitting $98.73. The stock had a trading volume of 594,864 shares, compared to its average volume of 879,926. The company has a current ratio of 2.75, a quick ratio of 2.29 and a debt-to-equity ratio of 0.96. The business has a fifty day moving average price of $90.88 and a two-hundred day moving average price of $90.09. Itron, Inc. has a 1-year low of $77.77 and a 1-year high of $142.00. The firm has a market cap of $4.32 billion, a P/E ratio of 16.48, a price-to-earnings-growth ratio of 1.20 and a beta of 1.30.

Itron (NASDAQ:ITRI) last released its earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.29 by $0.30. The business had revenue of $562.90 million during the quarter, compared to analysts’ expectations of $566.34 million. Itron had a return on equity of 19.26% and a net margin of 11.90%.The firm’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, sell-side analysts predict that Itron, Inc. will post 6.4 earnings per share for the current fiscal year.

Key Itron News

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

Analysts Set New Price Targets

A number of research firms have commented on ITRI. Stephens restated an “overweight” rating and issued a $130.00 price target on shares of Itron in a report on Wednesday, May 20th. Roth Capital reaffirmed a “buy” rating and set a $136.00 price target on shares of Itron in a research note on Wednesday, April 29th. Robert W. Baird set a $125.00 price target on Itron in a report on Wednesday, July 29th. Seaport Research Partners reaffirmed a “buy” rating and set a $150.00 target price on shares of Itron in a research report on Wednesday, July 29th. Finally, Needham & Company LLC lifted their price target on shares of Itron from $116.00 to $128.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Eight research 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.33.

Institutional Trading of Itron

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ITRI. EverSource Wealth Advisors LLC raised its stake in shares of 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 last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Itron by 29.5% during the fourth 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 position in Itron by 4.7% in the 1st quarter. Impact Partnership Wealth LLC now owns 2,661 shares of the scientific and technical instruments company’s stock valued at $239,000 after buying an additional 119 shares during the last quarter. Xponance LLC lifted its stake in Itron by 3.2% during the 4th quarter. Xponance LLC now owns 3,877 shares of the scientific and technical instruments company’s stock valued at $360,000 after acquiring an additional 120 shares in the last quarter. Finally, Maryland State Retirement & Pension System boosted its holdings in Itron by 2.2% during the 4th quarter. Maryland State Retirement & Pension System now owns 6,718 shares of the scientific and technical instruments company’s stock worth $624,000 after acquiring an additional 146 shares during the last quarter. 96.19% of the stock is owned by institutional investors.

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.