Itron, Inc. (NASDAQ:ITRI – Get Free Report) SVP Laurie Ann Pulatie-Hahn sold 181 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $79.60, for a total transaction of $14,407.60. Following the completion of the sale, the senior vice president owned 32,469 shares of the company’s stock, valued at approximately $2,584,532.40. This trade represents a 0.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 Monday, May 11th, Laurie Ann Pulatie-Hahn sold 124 shares of Itron stock. The stock was sold at an average price of $81.59, for a total transaction of $10,117.16.
- On Friday, February 20th, Laurie Ann Pulatie-Hahn sold 729 shares of Itron stock. The stock was sold at an average price of $100.17, for a total transaction of $73,023.93.
Itron Trading Up 1.4%
NASDAQ:ITRI opened at $83.02 on Friday. Itron, Inc. has a 12 month low of $77.77 and a 12 month high of $142.00. The firm has a fifty day simple moving average of $88.45 and a 200-day simple moving average of $94.52. The company has a current ratio of 2.66, a quick ratio of 2.24 and a debt-to-equity ratio of 0.97. The company has a market capitalization of $3.68 billion, a P/E ratio of 13.24, a PEG ratio of 0.73 and a beta of 1.35.
Analysts Set New Price Targets
Several research firms have recently commented on ITRI. Robert W. Baird set a $128.00 price objective on shares of Itron and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. Raymond James Financial began coverage on shares of Itron in a research note on Tuesday, April 21st. They set an “underperform” rating for the company. Guggenheim set a $155.00 price objective on shares of Itron in a research note on Friday, February 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Itron in a research note on Friday, May 8th. Finally, Roth Mkm reiterated a “buy” rating and set a $136.00 price objective on shares of Itron in a research note on Wednesday, April 29th. Eight research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $131.22.
Get Our Latest Report on Itron
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Private Trust Co. NA lifted its position 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 valued at $25,000 after purchasing an additional 145 shares during the period. Employees Retirement System of Texas acquired a new position in Itron during the third quarter valued at $32,000. Optiver Holding B.V. acquired a new position in Itron during the third quarter valued at $36,000. Northwestern Mutual Wealth Management Co. lifted its position 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 valued at $41,000 after purchasing an additional 101 shares during the period. Finally, Aster Capital Management DIFC Ltd acquired a new position in Itron during the third quarter valued at $44,000. 96.19% of the stock is currently owned by institutional investors and hedge funds.
Key Itron News
Here are the key news stories impacting Itron this week:
- Positive Sentiment: Stephens reiterated an Overweight rating on Itron and kept a $130 price target, signaling substantial upside versus recent trading levels.
- Neutral Sentiment: Several Itron executives sold small amounts of stock, but the filings say the shares were sold mainly to cover tax withholding tied to equity award vesting, which makes the insider activity look routine rather than a major red flag.
- Negative Sentiment: Zacks Research cut multiple future earnings estimates for Itron, including a sharp reduction to Q4 2027 EPS and a lower FY2027 outlook, suggesting softer profit growth ahead.
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.
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