Itron (NASDAQ:ITRI) SVP Donald Reeves III Sells 329 Shares

Itron, Inc. (NASDAQ:ITRI) SVP Donald Reeves III sold 329 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $98.79, for a total transaction of $32,501.91. Following the transaction, the senior vice president directly owned 27,945 shares in the company, valued at approximately $2,760,686.55. This trade represents a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Stock Performance

Shares of ITRI opened at $98.73 on Wednesday. The company has a quick ratio of 2.29, a current ratio of 2.75 and a debt-to-equity ratio of 0.96. Itron, Inc. has a 52-week low of $77.77 and a 52-week high of $142.00. The company has a 50-day simple moving average of $91.23 and a 200-day simple moving average of $90.07. The company has a market capitalization of $4.32 billion, a PE ratio of 16.48, a P/E/G ratio of 1.18 and a beta of 1.30.

Itron (NASDAQ:ITRI) last released its quarterly earnings data on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 EPS for the quarter, topping 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 in the previous year, the firm earned $1.62 earnings per share. The firm’s revenue was down 7.2% on a year-over-year basis. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. Equities research analysts predict that Itron, Inc. will post 6.41 earnings per share for the current fiscal year.

Itron News Summary

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.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ITRI. Employees Retirement System of Texas acquired a new position in shares of Itron during the 3rd quarter worth approximately $32,000. Northwestern Mutual Wealth Management Co. grew its holdings in 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 buying an additional 268 shares during the last quarter. Advisory Services Network LLC purchased a new position in Itron during the third quarter worth $49,000. EverSource Wealth Advisors LLC increased its position in Itron by 25.3% during 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 in the last quarter. Finally, PenderFund Capital Management Ltd. acquired a new position in shares of Itron in the second quarter worth $35,000. 96.19% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on ITRI. Roth Capital restated a “buy” rating and issued a $136.00 price target on shares of Itron in a report on Wednesday, April 29th. Stephens reaffirmed an “overweight” rating and set a $130.00 price objective on shares of Itron in a report on Wednesday, May 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Itron in a research report on Wednesday, August 5th. Seaport Research Partners reissued a “buy” rating and issued a $150.00 target price on shares of Itron in a report on Wednesday, July 29th. Finally, Needham & Company LLC raised their price target on Itron from $116.00 to $128.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Eight 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’s stock. According to data from MarketBeat, Itron has an average rating of “Moderate Buy” and a consensus price target of $131.33.

About Itron

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.