Laurie Ann Pulatie-Hahn Sells 108 Shares of Itron (NASDAQ:ITRI) Stock

Itron, Inc. (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn sold 108 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $96.51, for a total transaction of $10,423.08. Following the sale, the senior vice president owned 21,925 shares of the company’s stock, valued at $2,115,981.75. This represents a 0.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Itron Stock Up 0.2%

Shares of NASDAQ ITRI traded up $0.21 during mid-day trading on Tuesday, reaching $96.98. The company had a trading volume of 1,110,135 shares, compared to its average volume of 687,927. Itron, Inc. has a 52-week low of $90.11 and a 52-week high of $142.00. The stock has a market cap of $4.44 billion, a P/E ratio of 16.58, a PEG ratio of 0.76 and a beta of 1.52. The company has a current ratio of 2.04, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. The firm has a 50 day simple moving average of $118.11 and a two-hundred day simple moving average of $122.55.

Itron (NASDAQ:ITRI) last issued its quarterly earnings data on Thursday, October 30th. The scientific and technical instruments company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.06. Itron had a return on equity of 19.69% and a net margin of 11.05%.The company had revenue of $581.63 million for the quarter, compared to analyst estimates of $578.49 million. During the same quarter last year, the company posted $1.84 earnings per share. The business’s quarterly revenue was down 5.5% compared to the same quarter last year. Itron has set its FY 2025 guidance at 6.840-6.940 EPS. Q4 2025 guidance at 2.150-2.250 EPS. Sell-side analysts predict that Itron, Inc. will post 5.33 earnings per share for the current year.

Analyst Ratings Changes

ITRI has been the subject of a number of research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Itron in a research note on Wednesday, November 19th. Argus reiterated a “hold” rating on shares of Itron in a research report on Tuesday, November 4th. Baird R W cut shares of Itron from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 31st. Johnson Rice lowered shares of Itron from a “buy” rating to an “accumulate” rating in a research note on Friday, August 1st. Finally, Wall Street Zen raised shares of Itron from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $139.00.

Institutional Trading of Itron

Several hedge funds have recently modified their holdings of ITRI. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Itron in the second quarter valued at approximately $30,000. Bessemer Group Inc. lifted its holdings in 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 acquiring an additional 142 shares during the period. Employees Retirement System of Texas purchased a new stake in shares of Itron during the 3rd quarter worth $32,000. Optiver Holding B.V. acquired a new position in shares of Itron during the 3rd quarter worth $36,000. Finally, Salomon & Ludwin LLC acquired a new position in shares of Itron during the 3rd quarter worth $42,000. 96.19% of the stock is owned by institutional investors and hedge funds.

Itron Company Profile

Itron, Inc, a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.