Itron, Inc. (NASDAQ:ITRI) Director Thomas S. Glanville sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $74.02, for a total value of $148,040.00. Following the transaction, the director now owns 13,390 shares in the company, valued at $991,127.80. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of Itron, Inc. (NASDAQ:ITRI) opened at $75.95 on Friday. The company has a quick ratio of 1.29, a current ratio of 1.67 and a debt-to-equity ratio of 0.74. Itron, Inc. has a fifty-two week low of $59.10 and a fifty-two week high of $79.95. The company has a market capitalization of $2,924.32, a price-to-earnings ratio of 52.02, a P/E/G ratio of 1.18 and a beta of 1.03.
Itron (NASDAQ:ITRI) last issued its quarterly earnings data on Wednesday, February 28th. The scientific and technical instruments company reported $1.01 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.93 by $0.08. Itron had a return on equity of 15.84% and a net margin of 2.84%. The company had revenue of $550.78 million during the quarter, compared to analyst estimates of $532.61 million. During the same quarter in the previous year, the company posted $0.68 earnings per share. Itron’s revenue was up 11.1% compared to the same quarter last year. analysts forecast that Itron, Inc. will post 3.05 EPS for the current fiscal year.
Institutional investors have recently made changes to their positions in the company. Delpha Capital Management LLC purchased a new position in shares of Itron in the fourth quarter valued at about $134,000. Macquarie Group Ltd. purchased a new position in shares of Itron in the third quarter valued at about $152,000. Campbell & CO Investment Adviser LLC purchased a new position in shares of Itron in the third quarter valued at about $218,000. Teacher Retirement System of Texas purchased a new position in shares of Itron in the third quarter valued at about $221,000. Finally, DekaBank Deutsche Girozentrale purchased a new position in shares of Itron in the third quarter valued at about $219,000. Institutional investors and hedge funds own 95.34% of the company’s stock.
Itron, Inc is a technology and service company. The Company provides solutions that measure, manage and analyze energy and water use. It also provides the Internet of things. The Company operates through three segments: Electricity, Gas and Water. It provides a portfolio of products, solutions, software and services to electric, gas and water utility customers across the globe.
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