Donald Reeves III Sells 329 Shares of Itron (NASDAQ:ITRI) Stock

Itron, Inc. (NASDAQ:ITRI) SVP Donald Reeves III sold 329 shares of Itron stock in a transaction on Monday, August 24th. The shares were sold at an average price of $98.79, for a total value of $32,501.91. Following the transaction, the senior vice president directly owned 27,945 shares of the company’s stock, valued at approximately $2,760,686.55. The trade was a 1.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Stock Performance

NASDAQ ITRI 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 50 day moving average of $91.62 and a 200-day moving average of $90.06. The company has a current ratio of 2.75, a quick ratio of 2.29 and a debt-to-equity ratio of 0.96. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 16.50, a PEG ratio of 1.18 and a beta of 1.30.

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

Trending Headlines about Itron

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.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Capital World Investors bought a new position in shares of Itron during the 4th quarter worth approximately $10,460,000. Assenagon Asset Management S.A. lifted its position in shares of Itron by 160.4% in the second quarter. Assenagon Asset Management S.A. now owns 336,710 shares of the scientific and technical instruments company’s stock worth $29,136,000 after purchasing an additional 207,416 shares in the last quarter. DNB Asset Management AS acquired a new position in Itron during the fourth quarter worth $12,191,000. WINTON GROUP Ltd acquired a new position in Itron during the fourth quarter worth $5,795,000. Finally, Fieldview Capital Management LLC grew its position in Itron by 54.1% in the fourth quarter. Fieldview Capital Management LLC now owns 40,095 shares of the scientific and technical instruments company’s stock valued at $3,723,000 after purchasing an additional 14,079 shares in the last quarter. 96.19% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently commented on ITRI. Seaport Research Partners reiterated a “buy” rating and issued a $150.00 price objective on shares of Itron in a report on Wednesday, July 29th. Needham & Company LLC boosted their target price on Itron from $116.00 to $128.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Stephens reaffirmed an “overweight” rating and issued a $130.00 price target on shares of Itron in a research note on Wednesday, May 20th. TD Cowen cut their price target on shares of Itron from $145.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Itron in a research note on Wednesday, August 5th. Eight investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Itron currently has a consensus rating of “Moderate Buy” and a consensus target price 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.