Insider Selling: Itron (NASDAQ:ITRI) SVP Sells $17,584.62 in Stock

Itron, Inc. (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn sold 178 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 transaction of $17,584.62. Following the completion of the transaction, the senior vice president owned 31,930 shares in the company, valued at approximately $3,154,364.70. This trade represents a 0.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 Thursday, August 20th, Laurie Ann Pulatie-Hahn sold 187 shares of Itron stock. The shares were sold at an average price of $97.83, for a total value of $18,294.21.

Itron Stock Performance

ITRI opened at $99.27 on Friday. The firm has a market cap of $4.35 billion, a PE ratio of 16.57, a P/E/G ratio of 1.19 and a beta of 1.30. The company has a quick ratio of 2.29, a current ratio of 2.75 and a debt-to-equity ratio of 0.96. The business has a fifty day simple moving average of $91.99 and a 200-day simple moving average of $90.03. Itron, Inc. has a fifty-two week low of $77.77 and a fifty-two week high of $142.00.

Itron (NASDAQ:ITRI) last announced its earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.30. Itron had a return on equity of 19.26% and a net margin of 11.90%.The company had revenue of $562.90 million for the quarter, compared to analyst estimates of $566.34 million. During the same period in the previous year, the firm earned $1.62 earnings per share. Itron’s revenue for the quarter was down 7.2% compared to the same quarter last year. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. As a group, equities analysts predict that Itron, Inc. will post 6.41 EPS for the current fiscal year.

Institutional Trading of Itron

Institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System increased its stake in Itron by 7,889.6% in the 2nd quarter. California State Teachers Retirement System now owns 4,397,628 shares of the scientific and technical instruments company’s stock valued at $380,527,000 after buying an additional 4,342,586 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Itron by 20.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,536,081 shares of the scientific and technical instruments company’s stock valued at $137,659,000 after buying an additional 265,039 shares during the period. Geode Capital Management LLC boosted its stake in shares of Itron by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 1,144,982 shares of the scientific and technical instruments company’s stock valued at $106,340,000 after buying an additional 6,598 shares during the period. First Trust Advisors LP grew its holdings in shares of Itron by 22.2% during the 1st quarter. First Trust Advisors LP now owns 969,228 shares of the scientific and technical instruments company’s stock valued at $86,872,000 after acquiring an additional 176,053 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Itron during the 4th quarter valued at $63,990,000. 96.19% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ITRI has been the subject of a number of analyst reports. Robert W. Baird set a $125.00 price objective on shares of Itron in a research note on Wednesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Itron in a report on Wednesday, August 5th. Seaport Research Partners restated a “buy” rating and issued a $150.00 price target on shares of Itron in a research report on Wednesday, July 29th. Zacks Research upgraded shares of Itron from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Finally, Stephens reissued an “overweight” rating and set a $130.00 target price on shares of Itron in a research note on Wednesday, May 20th. Eight 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. According to MarketBeat.com, the stock currently 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.