Itron, Inc. (NASDAQ:ITRI - Get Free Report) CAO David Marshall Wright sold 264 shares of the firm's stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $100.17, for a total value of $26,444.88. Following the sale, the chief accounting officer directly owned 9,124 shares of the company's stock, valued at $913,951.08. This represents a 2.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Itron Price Performance
Shares of ITRI opened at $95.21 on Tuesday. The firm has a market cap of $4.28 billion, a PE ratio of 14.63, a price-to-earnings-growth ratio of 0.86 and a beta of 1.48. Itron, Inc. has a 52-week low of $88.57 and a 52-week high of $142.00. The business's 50 day moving average price is $97.72 and its two-hundred day moving average price is $109.72. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.56 and a current ratio of 1.80.
Itron (NASDAQ:ITRI - Get Free Report) last released its quarterly earnings data on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.19 by $0.27. The company had revenue of $571.66 million during the quarter, compared to analyst estimates of $561.31 million. Itron had a net margin of 12.72% and a return on equity of 20.04%. Itron's revenue for the quarter was down 6.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.35 EPS. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. On average, equities analysts anticipate that Itron, Inc. will post 5.33 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Private Trust Co. NA raised its position in Itron by 112.4% in the 4th quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company's stock valued at $25,000 after buying an additional 145 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Itron in the 2nd quarter worth $30,000. Employees Retirement System of Texas purchased a new stake in shares of Itron in the third quarter valued at about $32,000. Bessemer Group Inc. raised its holdings in shares of Itron by 125.7% in the second 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. Finally, Optiver Holding B.V. bought a new position in shares of Itron during the third quarter valued at about $36,000. Hedge funds and other institutional investors own 96.19% of the company's stock.
Analyst Ratings Changes
Several analysts have recently commented on the company. Robert W. Baird set a $128.00 target price on Itron and gave the company an "outperform" rating in a research note on Wednesday, February 18th. Weiss Ratings cut Itron from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, January 12th. Argus restated a "hold" rating on shares of Itron in a report on Tuesday, November 4th. Johnson Rice upgraded Itron from an "accumulate" rating to a "buy" rating and set a $130.00 target price on the stock in a report on Monday, January 5th. Finally, Zacks Research downgraded shares of Itron from a "hold" rating to a "strong sell" rating in a research report on Wednesday, January 28th. 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $137.90.
Get Our Latest Analysis on ITRI
Key Headlines Impacting Itron
Here are the key news stories impacting Itron this week:
- Positive Sentiment: Recent quarterly results and forward guidance beat expectations — Itron reported a meaningful EPS beat and set Q1 and FY2026 EPS guidance that suggests continued profitability, which supports valuation metrics and earnings expectations for the year.
- Neutral Sentiment: Heavy trading activity — intraday volume is well above the stock’s average, indicating that today’s moves are driven by newsflow (insider transactions and debt issuance) rather than thin trading.
- Negative Sentiment: Large, clustered insider selling by multiple senior executives — over Feb. 19–20 several SVPs, the CFO and the CAO sold shares (sales concentrated around ~$99.50–$100.17), totaling roughly 46–48k shares across the filings. Executives who trimmed positions include the CFO Joan Hooper, John Marcolini, Donald Reeves III, Justin K. Patrick, Laurie Ann Pulatie‑Hahn and others. Large insider sales can be read negatively by the market (potential signaling or increased supply).
- Negative Sentiment: Itron announced $600 million of convertible senior notes — while this raises capital and may be used for corporate purposes, convertible debt introduces potential future dilution and can be viewed as a negative near-term catalyst until use of proceeds and conversion terms are clearer. Itron Announces $600.0 Million Convertible Senior Notes
About Itron
(
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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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