David Marshall Wright Sells 264 Shares of Itron (NASDAQ:ITRI) Stock

Itron, Inc. (NASDAQ:ITRI) CAO David Marshall Wright sold 264 shares of Itron stock in a transaction on Friday, February 20th. The stock was sold at an average price of $100.17, for a total transaction of $26,444.88. Following the completion of the transaction, the chief accounting officer directly owned 9,124 shares in the company, valued at $913,951.08. This represents a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Itron Stock Down 4.4%

Shares of ITRI traded down $4.33 during midday trading on Monday, hitting $95.21. 2,762,408 shares of the company’s stock traded hands, compared to its average volume of 824,922. The company has a current ratio of 1.80, a quick ratio of 1.56 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 14.63, a price-to-earnings-growth ratio of 0.86 and a beta of 1.48. Itron, Inc. has a 1 year low of $88.57 and a 1 year high of $142.00. The firm’s fifty day moving average is $97.72 and its 200-day moving average is $109.93.

Itron (NASDAQ:ITRI) last announced its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.27. Itron had a return on equity of 20.04% and a net margin of 12.72%.The firm had revenue of $571.66 million for the quarter, compared to the consensus estimate of $561.31 million. During the same period in the previous year, the business earned $1.35 EPS. The firm’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. As a group, sell-side analysts anticipate that Itron, Inc. will post 5.33 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on ITRI shares. Wall Street Zen cut shares of Itron from a “buy” rating to a “hold” rating in a research note on Wednesday, January 14th. Oppenheimer raised their price target on shares of Itron from $125.00 to $133.00 and gave the stock an “outperform” rating in a report on Wednesday, February 18th. Weiss Ratings lowered shares of Itron from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Zacks Research lowered Itron from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 28th. Finally, Stephens upgraded Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 price target on the stock in a research note on Monday, November 3rd. Eight investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $137.90.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Twin Peaks Wealth Advisors LLC acquired a new position in Itron during the second quarter worth $30,000. Bessemer Group Inc. grew its position 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 period. Employees Retirement System of Texas purchased a new stake in shares of Itron during the third quarter worth about $32,000. Private Trust Co. NA raised its position in shares of 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 during the last quarter. Finally, Optiver Holding B.V. acquired a new position in shares of Itron during the 3rd quarter worth about $36,000. 96.19% of the stock is owned by institutional investors and hedge funds.

Itron News Roundup

Here are the key news stories impacting Itron this week:

• Neutral Sentiment: Itron announced a $600.0 million offering of convertible senior notes — this raises cash but can be dilutive if converted; market reaction depends on use of proceeds and conversion terms. Itron Announces $600.0 Million Convertible Senior Notes
• Negative Sentiment: SVP Christopher E. Ware sold 4,486 shares at ~$99.54 (reducing his stake ~12.36%). Form 4 – Christopher E. Ware
• Negative Sentiment: SVP Donald L. Reeves III sold 5,419 shares at ~$99.54 (reducing his stake ~14.05%). Form 4 – Donald L. Reeves III
• Negative Sentiment: SVP Laurie Ann Pulatie‑Hahn sold 3,755 shares at ~$99.54 (reducing her stake ~10.03%). Form 4 – Laurie Ann Pulatie‑Hahn
• Negative Sentiment: SVP Justin K. Patrick sold 4,930 shares at ~$99.54 (reducing his stake ~12.55%). Form 4 – Justin K. Patrick
• Negative Sentiment: SVP John F. Marcolini sold 6,948 shares at ~$99.54 (reducing his stake ~20.52%). Form 4 – John F. Marcolini
• Negative Sentiment: CFO Joan S. Hooper sold 15,293 shares at ~$99.54 (reducing her stake ~10.96%); a CFO sale of this size is often viewed negatively by investors. Form 4 – Joan S. Hooper

Itron Company Profile

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.