Christopher Ware Sells 200 Shares of Itron (NASDAQ:ITRI) Stock

Itron, Inc. (NASDAQ:ITRI) SVP Christopher Ware sold 200 shares of the firm’s 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 $19,758.00. Following the transaction, the senior vice president directly owned 29,916 shares of the company’s stock, valued at approximately $2,955,401.64. This trade represents a 0.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Trading Up 0.1%

Shares of Itron stock opened at $98.86 on Thursday. Itron, Inc. has a 1 year low of $77.77 and a 1 year high of $142.00. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.75 and a quick ratio of 2.29. The business has a 50 day moving average price of $91.62 and a 200 day moving average price of $90.06. The company has a market capitalization of $4.33 billion, a P/E ratio of 16.50, a P/E/G ratio of 1.18 and a beta of 1.30.

Itron (NASDAQ:ITRI) last announced its earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.30. The firm had revenue of $562.90 million for 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%.Itron’s quarterly revenue was down 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.62 EPS. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. Sell-side analysts anticipate that Itron, Inc. will post 6.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ITRI has been the subject of several analyst reports. Stephens reissued an “overweight” rating and issued a $130.00 target price on shares of Itron in a research note on Wednesday, May 20th. Zacks Research raised shares of Itron from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Roth Capital reiterated a “buy” rating and set a $136.00 price target on shares of Itron in a report on Wednesday, April 29th. Seaport Research Partners reissued a “buy” rating and issued a $150.00 price objective on shares of Itron in a research report on Wednesday, July 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Itron in a research note on Wednesday, August 5th. 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 company. Based on data from MarketBeat.com, Itron currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.33.

Institutional Investors Weigh In On Itron

Hedge funds and other institutional investors have recently made changes to their positions in the business. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Itron in the second quarter valued at $299,000. California State Teachers Retirement System boosted 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 worth $380,527,000 after buying an additional 4,342,586 shares during the last quarter. Readystate Asset Management LP purchased a new stake in Itron in the 2nd quarter valued at about $1,809,000. AlphaGrep UK Ltd purchased a new stake in Itron in the 2nd quarter valued at about $232,000. Finally, Raiffeisen Bank International AG increased its stake in shares of Itron by 5.9% during the 2nd quarter. Raiffeisen Bank International AG now owns 250,000 shares of the scientific and technical instruments company’s stock valued at $20,930,000 after acquiring an additional 14,000 shares during the last quarter. Hedge funds and other institutional investors own 96.19% of the company’s stock.

Itron News Summary

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Analysts remain generally optimistic about ITRI: eight rate the shares Buy, four rate them Hold and one rates them Sell. The consensus price target is $131.33, with recent Buy ratings and target increases from Needham, Seaport Research Partners and Roth Capital supporting the bullish case. Itron analyst ratings
• Positive Sentiment: Institutional ownership is high at 96.19%, and several large investors—including California State Teachers’ Retirement System, Norges Bank, Jupiter Topco, Soros Fund Management and Millennium Management—have reported new or expanded positions. This could provide support for the stock.
• Neutral Sentiment: Reported short interest was listed at zero shares, but the accompanying percentage-change data was invalid. As a result, the report provides little insight into bearish positioning or potential short-covering demand.
• Negative Sentiment: Multiple executives sold shares recently, including CFO Joan S. Hooper and several senior vice presidents. Most transactions were explicitly made to cover tax-withholding obligations tied to vested equity awards, and the executives retained substantial holdings, reducing the negative signal. However, the concentration of sales may still weigh on sentiment. Itron SEC insider-sale filing
• Negative Sentiment: Itron’s latest quarterly results were mixed: EPS of $1.59 exceeded the $1.29 consensus estimate, but revenue declined 7.2% year over year to $562.9 million and fell slightly short of expectations. The company maintained 2026 guidance of $6.30–$6.50 in EPS, but the softer revenue trend remains a fundamental risk.

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.