Insider Selling: Itron (NASDAQ:ITRI) CFO Sells 3,533 Shares of Stock

Itron, Inc. (NASDAQ:ITRI) CFO Joan Hooper sold 3,533 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $95.92, for a total value of $338,885.36. Following the sale, the chief financial officer directly owned 118,275 shares of the company’s stock, valued at $11,344,938. This represents a 2.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Itron Stock Performance

Shares of NASDAQ:ITRI traded down $0.03 on Monday, hitting $93.93. The company had a trading volume of 195,206 shares, compared to its average volume of 958,585. The stock has a market cap of $4.22 billion, a price-to-earnings ratio of 14.43, a P/E/G ratio of 0.82 and a beta of 1.48. The stock has a 50 day moving average price of $97.80 and a 200 day moving average price of $108.89. Itron, Inc. has a 1-year low of $88.57 and a 1-year high of $142.00. The company has a current ratio of 1.80, a quick ratio of 1.56 and a debt-to-equity ratio of 0.45.

Itron (NASDAQ:ITRI) last posted its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.27. Itron had a net margin of 12.72% and a return on equity of 20.04%. The company had revenue of $571.66 million during the quarter, compared to analysts’ expectations of $561.31 million. During the same quarter last year, the company posted $1.35 EPS. Itron’s quarterly revenue was down 6.7% compared to the same quarter last year. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. Analysts expect that Itron, Inc. will post 5.33 EPS for the current year.

Analyst Ratings Changes

ITRI has been the topic of a number of analyst reports. Zacks Research upgraded shares of Itron from a “strong sell” rating to a “hold” rating in a research report on Thursday. Wall Street Zen lowered shares of Itron from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Weiss Ratings cut shares of Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Oppenheimer increased their price target on shares of Itron from $125.00 to $133.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Finally, Argus reissued a “hold” rating on shares of Itron in a research note on Tuesday, November 4th. Seven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $138.56.

Institutional Trading of Itron

A number of hedge funds have recently added to or reduced their stakes in ITRI. Twin Peaks Wealth Advisors LLC acquired a new stake in Itron during the 2nd quarter valued at approximately $30,000. Bessemer Group Inc. boosted its stake in shares of Itron by 125.7% in the 2nd quarter. Bessemer Group Inc. now owns 255 shares of the scientific and technical instruments company’s stock valued at $34,000 after purchasing an additional 142 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in shares of Itron during the third quarter worth $32,000. Private Trust Co. NA raised its stake in Itron by 112.4% during the fourth quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company’s stock worth $25,000 after buying an additional 145 shares during the last quarter. Finally, Optiver Holding B.V. acquired a new position in Itron in the third quarter valued at $36,000. Institutional investors and hedge funds own 96.19% of the company’s stock.

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.