Insider Selling: Itron (NASDAQ:ITRI) SVP Sells 181 Shares of Stock

Itron, Inc. (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn sold 181 shares of Itron stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $79.60, for a total transaction of $14,407.60. Following the completion of the transaction, the senior vice president directly owned 32,469 shares in the company, valued at approximately $2,584,532.40. This trade represents a 0.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 Monday, May 11th, Laurie Ann Pulatie-Hahn sold 124 shares of Itron stock. The stock was sold at an average price of $81.59, for a total transaction of $10,117.16.
• On Friday, February 20th, Laurie Ann Pulatie-Hahn sold 729 shares of Itron stock. The stock was sold at an average price of $100.17, for a total transaction of $73,023.93.

Itron Trading Up 1.1%

Shares of Itron stock traded up $0.93 during trading on Thursday, hitting $82.28. The stock had a trading volume of 376,875 shares, compared to its average volume of 937,478. The stock has a 50 day simple moving average of $88.85 and a 200 day simple moving average of $94.73. The company has a market capitalization of $3.65 billion, a PE ratio of 13.15, a P/E/G ratio of 0.68 and a beta of 1.35. The company has a quick ratio of 2.24, a current ratio of 2.66 and a debt-to-equity ratio of 0.97. Itron, Inc. has a 1 year low of $77.77 and a 1 year high of $142.00.

Itron (NASDAQ:ITRI) last released its earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.23. The business had revenue of $586.98 million for the quarter, compared to the consensus estimate of $572.04 million. Itron had a net margin of 12.31% and a return on equity of 19.54%. The firm’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same period last year, the firm posted $1.52 earnings per share. Itron has set its Q2 2026 guidance at 1.250-1.350 EPS. On average, research analysts expect that Itron, Inc. will post 6.01 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ITRI has been the topic of a number of research analyst reports. Roth Mkm reaffirmed a “buy” rating and set a $136.00 price objective on shares of Itron in a research report on Wednesday, April 29th. Robert W. Baird set a $128.00 price objective on shares of Itron and gave the company an “outperform” rating in a research report on Wednesday, February 18th. Raymond James Financial initiated coverage on shares of Itron in a research report on Tuesday, April 21st. They set an “underperform” rating on the stock. Needham & Company LLC initiated coverage on shares of Itron in a research report on Friday, March 6th. They set a “buy” rating and a $124.00 price objective on the stock. Finally, Oppenheimer boosted their price objective on shares of Itron from $133.00 to $135.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Eight 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, Itron currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.22.

Institutional Trading of Itron

Institutional investors have recently added to or reduced their stakes in the business. Private Trust Co. NA lifted its stake in Itron by 112.4% in 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 acquiring an additional 145 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in Itron in the third quarter valued at approximately $32,000. Optiver Holding B.V. acquired a new stake in Itron in the third quarter valued at approximately $36,000. Northwestern Mutual Wealth Management Co. lifted its stake in Itron by 29.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock valued at $41,000 after acquiring an additional 101 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in Itron in the third quarter valued at approximately $44,000. 96.19% of the stock is currently owned by institutional investors and hedge funds.

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.