Key Points
- Itron CFO Joan Hooper sold 442 shares on May 26 at an average price of $84.37, totaling about $37,292. The company said the sale was to cover tax withholding tied to vested equity awards, and her ownership fell only 0.37%.
- Analysts remain generally positive on Itron, with a consensus rating of “Moderate Buy” and an average price target of $131.22. Recent firms including Roth Mkm, TD Cowen, and Oppenheimer reiterated bullish ratings despite some target price adjustments.
- Itron’s latest earnings beat expectations, reporting $1.49 EPS versus the $1.26 estimate and revenue of $586.98 million, though revenue declined 3.3% year over year. The company also guided Q2 2026 EPS to a range of $1.25 to $1.35.
Itron, Inc. (NASDAQ:ITRI - Get Free Report) SVP Laurie Ann Pulatie-Hahn sold 174 shares of the company's stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $84.37, for a total transaction of $14,680.38. Following the transaction, the senior vice president owned 32,295 shares in the company, valued at approximately $2,724,729.15. The trade was a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at 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 Wednesday, May 20th, Laurie Ann Pulatie-Hahn sold 181 shares of Itron stock. The shares were sold at an average price of $79.60, for a total transaction of $14,407.60.
- On Monday, May 11th, Laurie Ann Pulatie-Hahn sold 124 shares of Itron stock. The shares were sold at an average price of $81.59, for a total transaction of $10,117.16.
Itron Stock Performance
Shares of ITRI stock opened at $85.30 on Thursday. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.66 and a quick ratio of 2.24. The stock has a market cap of $3.78 billion, a PE ratio of 13.60, a price-to-earnings-growth ratio of 0.74 and a beta of 1.35. The stock has a 50-day moving average of $88.07 and a 200-day moving average of $93.96. Itron, Inc. has a one year low of $77.77 and a one year high of $142.00.
Itron (NASDAQ:ITRI - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.49 EPS for the quarter, beating analysts' consensus estimates of $1.26 by $0.23. The company had revenue of $586.98 million during the quarter, compared to analysts' expectations of $572.04 million. Itron had a return on equity of 19.54% and a net margin of 12.31%.Itron's revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.52 EPS. Itron has set its Q2 2026 guidance at 1.250-1.350 EPS. As a group, sell-side analysts expect that Itron, Inc. will post 6.01 earnings per share for the current year.
Institutional Trading of Itron
Large investors have recently bought and sold shares of the business. Private Trust Co. NA increased its stake in Itron by 112.4% during the 4th quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company's stock worth $25,000 after purchasing an additional 145 shares in the last quarter. Employees Retirement System of Texas bought a new stake in Itron during the 3rd quarter worth approximately $32,000. Optiver Holding B.V. bought a new stake in Itron during the 3rd quarter worth approximately $36,000. Northwestern Mutual Wealth Management Co. increased its stake in Itron by 29.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company's stock worth $41,000 after purchasing an additional 101 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new stake in Itron during the 3rd quarter worth approximately $44,000. 96.19% of the stock is owned by institutional investors.
Key Stories Impacting Itron
Here are the key news stories impacting Itron this week:
- Positive Sentiment: Itron announced a new Locusview Connector for SAP S/4HANA, which expands its digital construction management platform and could strengthen its utility resiliency offering. Itron Releases Locusview Connector for SAP S/4HANA to Enhance Utility Resiliency
- Positive Sentiment: Itron expanded its collaboration with Hunter Water in Australia, where the utility will deploy 2,000 digital water meters and use Itron’s Temetra software to improve leak detection, conservation, and operational efficiency. Hunter Water Expands Collaboration with Itron to Advance Digital Metering Program
- Neutral Sentiment: Several Itron executives, including CFO Joan Hooper and multiple senior vice presidents, sold small blocks of stock this week. The company said the sales were tied to tax withholding on vested equity awards, which makes them less concerning than discretionary selling.
- Neutral Sentiment: The selling follows an extended pattern: Itron insiders have reported 39 open-market transactions over the past six months, and all of them were sales rather than purchases.
- Negative Sentiment: The cluster of insider sales may still pressure investor sentiment, especially since the stock has been trading below its 50-day and 200-day moving averages. Insider Selling: Itron (NASDAQ:ITRI) CFO Sells 442 Shares of Stock
Analysts Set New Price Targets
A number of analysts have recently commented on the company. Robert W. Baird set a $128.00 price target on Itron and gave the company an "outperform" rating in a research note on Wednesday, February 18th. Stephens reaffirmed an "overweight" rating and issued a $130.00 price target on shares of Itron in a research note on Wednesday, May 20th. Guggenheim set a $155.00 price target on Itron in a research note on Friday, February 13th. Zacks Research raised Itron from a "strong sell" rating to a "hold" rating in a research note on Thursday, February 26th. Finally, Roth Mkm reaffirmed a "buy" rating and issued a $136.00 price target on shares of Itron in a research note on Wednesday, April 29th. Eight analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $131.22.
Read Our Latest Analysis on Itron
About Itron
(
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.
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