Itron, Inc. (NASDAQ:ITRI - Get Free Report) SVP Laurie Ann Pulatie-Hahn sold 178 shares of the business's stock in a transaction on Monday, August 24th. The stock was sold at an average price of $98.79, for a total value of $17,584.62. Following the completion of the transaction, the senior vice president owned 31,930 shares of the company's stock, valued at $3,154,364.70. This represents a 0.55% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 Thursday, August 20th, Laurie Ann Pulatie-Hahn sold 187 shares of Itron stock. The stock was sold at an average price of $97.83, for a total value of $18,294.21.
Itron Price Performance
ITRI opened at $98.73 on Wednesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.29 and a current ratio of 2.75. The stock has a market capitalization of $4.32 billion, a P/E ratio of 16.48, a P/E/G ratio of 1.18 and a beta of 1.30. The company's 50-day simple moving average is $91.23 and its two-hundred day simple moving average is $90.07. Itron, Inc. has a 52-week low of $77.77 and a 52-week high of $142.00.
Itron (NASDAQ:ITRI - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.30. Itron had a net margin of 11.90% and a return on equity of 19.26%. The firm had revenue of $562.90 million for the quarter, compared to the consensus estimate of $566.34 million. During the same quarter last year, the firm posted $1.62 EPS. The business's quarterly revenue was down 7.2% compared to the same quarter last year. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. As a group, analysts predict that Itron, Inc. will post 6.41 EPS for the current year.
Institutional Trading of Itron
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ITRI. Employees Retirement System of Texas bought a new position in Itron in the third quarter worth approximately $32,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Itron by 343.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 346 shares of the scientific and technical instruments company's stock valued at $46,000 after acquiring an additional 268 shares during the period. Advisory Services Network LLC bought a new position in Itron in the 3rd quarter worth $49,000. EverSource Wealth Advisors LLC raised its stake in shares of Itron by 25.3% in the second quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company's stock worth $53,000 after buying an additional 81 shares during the period. Finally, PenderFund Capital Management Ltd. bought a new position in shares of Itron in the second quarter worth about $35,000. 96.19% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting Itron
Here are the key news stories impacting Itron this week:
- Positive Sentiment: Wall Street remains broadly constructive on ITRI. Eight analysts rate the stock Buy, compared with four Holds and one Sell, with an average price target of $131.33—well above its recent trading level. Recent Buy ratings and target increases from Needham, Seaport Research Partners and Roth Capital reinforce the bullish outlook. Itron analyst ratings
- Positive Sentiment: Institutional ownership remains substantial at 96.19%. California State Teachers’ Retirement System sharply increased its position during the second quarter, while Norges Bank, Jupiter Topco, Soros Fund Management and Millennium Management also reported significant holdings or purchases. This institutional support may help underpin the stock. Itron institutional ownership
- Neutral Sentiment: Reported short interest was listed at zero shares, producing a zero-day short-interest ratio. Because the data also shows an invalid percentage change, it offers little useful information about current bearish positioning or potential short-covering demand.
- Negative Sentiment: Several Itron executives recently sold shares, including CFO Joan S. Hooper’s sale of 4,406 shares on August 20 and an additional 455 shares on August 24. Multiple senior vice presidents and the chief accounting officer also sold smaller amounts. The filings state that the transactions covered tax-withholding obligations from vested equity awards, and the executives retained sizable positions, making the signal less concerning than open-market selling—but the cluster of sales could still pressure investor sentiment. Itron SEC insider-sale filing
- Negative Sentiment: The latest quarterly results showed strong EPS of $1.59 versus the $1.29 consensus estimate, but revenue declined 7.2% year over year to $562.9 million and fell slightly short of estimates. That softer revenue trend remains a fundamental risk despite the company’s maintained 2026 earnings guidance.
Analysts Set New Price Targets
ITRI has been the subject of a number of research reports. Zacks Research upgraded shares of Itron from a "strong sell" rating to a "hold" rating in a research note on Wednesday, July 29th. Stephens restated 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 objective on Itron from $145.00 to $130.00 and set a "buy" rating for the company in a report on Wednesday, April 29th. Seaport Research Partners reiterated a "buy" rating and set a $150.00 price objective on shares of Itron in a research report on Wednesday, July 29th. Finally, Roth Capital reissued a "buy" rating and issued a $136.00 target price on shares of Itron in a report on Wednesday, April 29th. Eight equities research 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 stock has an average rating of "Moderate Buy" and a consensus target price of $131.33.
Read Our Latest Analysis on Itron
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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