Itron (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn Sells 124 Shares

Itron, Inc. (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn sold 124 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $81.59, for a total transaction of $10,117.16. Following the completion of the transaction, the senior vice president owned 32,650 shares in the company, valued at approximately $2,663,913.50. The trade was a 0.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 Friday, February 20th, Laurie Ann Pulatie-Hahn sold 729 shares of Itron stock. The shares were sold at an average price of $100.17, for a total transaction of $73,023.93.
• On Thursday, February 19th, Laurie Ann Pulatie-Hahn sold 3,755 shares of Itron stock. The shares were sold at an average price of $99.54, for a total transaction of $373,772.70.
• On Wednesday, February 11th, Laurie Ann Pulatie-Hahn sold 142 shares of Itron stock. The shares were sold at an average price of $105.26, for a total transaction of $14,946.92.

Itron Price Performance

Shares of NASDAQ ITRI opened at $81.26 on Wednesday. The firm’s 50-day moving average price is $90.39 and its 200-day moving average price is $96.87. Itron, Inc. has a 1-year low of $78.53 and a 1-year high of $142.00. The firm has a market capitalization of $3.60 billion, a P/E ratio of 12.96, a P/E/G ratio of 0.72 and a beta of 1.35. The company has a current ratio of 2.66, a quick ratio of 2.24 and a debt-to-equity ratio of 0.97.

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

Institutional Trading of Itron

Institutional investors and hedge funds have recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its holdings in shares of Itron by 26.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,690 shares of the scientific and technical instruments company’s stock worth $420,000 after buying an additional 977 shares during the last quarter. Summit Global Investments bought a new position in shares of Itron in the 1st quarter worth $313,000. WCM Investment Management LLC increased its holdings in shares of Itron by 49.5% in the 1st quarter. WCM Investment Management LLC now owns 87,175 shares of the scientific and technical instruments company’s stock worth $7,312,000 after buying an additional 28,857 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Itron by 20.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,536,081 shares of the scientific and technical instruments company’s stock valued at $137,659,000 after purchasing an additional 265,039 shares during the last quarter. Finally, SEB Asset Management AB bought a new position in shares of Itron during the 1st quarter valued at $521,000. 96.19% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ITRI. Weiss Ratings reissued a “hold (c)” rating on shares of Itron in a research report on Friday. Wall Street Zen downgraded shares of Itron from a “buy” rating to a “hold” rating in a research report on Wednesday, January 14th. Raymond James Financial started coverage on shares of Itron in a research note on Tuesday, April 21st. They issued an “underperform” rating on the stock. Zacks Research upgraded shares of Itron from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 26th. Finally, Guggenheim set a $155.00 price target on shares of Itron in a research note on Friday, February 13th. Eight equities research analysts have rated the stock with a Buy rating, four have assigned 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 price target of $131.22.

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.