Key Points
- SVP Donald Reeves III sold 519 shares of Itron at an average price of $97.84 on Feb. 25 for proceeds of $50,778.96, reducing his stake by 1.70% to 29,951 shares; the transaction was disclosed in an SEC Form 4 filing.
- Itron beat quarterly expectations, reporting $2.46 EPS vs. $2.19 expected and $571.7M in revenue, though revenue was down 6.7% year-over-year; the company set Q1 2026 guidance of $1.20–$1.30 EPS and FY 2026 guidance of $5.75–$6.25 EPS.
- Analyst and market context: ITRI trades near $94 with a market cap of $4.22B and a P/E of 14.4, and carries an average analyst rating of "Moderate Buy" with a $138.56 average price target (52-week range $88.57–$142.00).
Itron, Inc. (NASDAQ:ITRI - Get Free Report) SVP Donald Reeves III sold 519 shares of the firm's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $97.84, for a total transaction of $50,778.96. Following the sale, the senior vice president owned 29,951 shares of the company's stock, valued at approximately $2,930,405.84. This represents a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Itron Stock Performance
Shares of ITRI opened at $93.95 on Friday. The company has a market capitalization of $4.22 billion, a PE ratio of 14.43, a PEG ratio of 0.84 and a beta of 1.48. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.56 and a current ratio of 1.80. The company's 50 day moving average price is $97.80 and its 200 day moving average price is $109.14. Itron, Inc. has a 52 week low of $88.57 and a 52 week high of $142.00.
Itron (NASDAQ:ITRI - Get Free Report) last issued its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $561.31 million. During the same quarter last year, the business posted $1.35 EPS. The company's revenue for the quarter was down 6.7% on a year-over-year basis. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. Research analysts expect that Itron, Inc. will post 5.33 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several brokerages have weighed in on ITRI. Argus reaffirmed a "hold" rating on shares of Itron in a research report on Tuesday, November 4th. Wall Street Zen cut Itron from a "buy" rating to a "hold" rating in a research note on Wednesday, January 14th. Zacks Research upgraded Itron from a "strong sell" rating to a "hold" rating in a report on Thursday. Oppenheimer raised their price objective on shares of Itron from $125.00 to $133.00 and gave the company an "outperform" rating in a research report on Wednesday, February 18th. Finally, Guggenheim set a $155.00 target price on shares of Itron in a research report on Friday, February 13th. Seven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $138.56.
Get Our Latest Stock Report on ITRI
Institutional Investors Weigh In On Itron
Several institutional investors and hedge funds have recently added to or reduced their stakes in ITRI. Private Trust Co. NA grew its holdings 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 last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Itron in the second quarter worth $30,000. Employees Retirement System of Texas bought a new stake in shares of Itron during the 3rd quarter worth $32,000. Bessemer Group Inc. grew its stake in 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 buying an additional 142 shares during the last quarter. Finally, Optiver Holding B.V. acquired a new position in Itron in the 3rd quarter valued at $36,000. 96.19% of the stock is currently owned by institutional investors and hedge funds.
Itron Company Profile
(
Get Free Report)
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.
Further Reading
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