Itron (NASDAQ:ITRI) CFO Sells $435,577.16 in Stock

Itron, Inc. (NASDAQ:ITRI) CFO Joan Hooper sold 4,406 shares of the company’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $98.86, for a total transaction of $435,577.16. Following the completion of the sale, the chief financial officer directly owned 117,113 shares of the company’s stock, valued at approximately $11,577,791.18. This trade represents a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Stock Up 0.1%

Shares of Itron stock opened at $98.86 on Thursday. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.75 and a quick ratio of 2.29. The stock has a market cap of $4.33 billion, a price-to-earnings ratio of 16.50, a PEG ratio of 1.18 and a beta of 1.30. The firm’s 50-day moving average is $91.62 and its two-hundred day moving average is $90.06. Itron, Inc. has a 1 year low of $77.77 and a 1 year high of $142.00.

Itron (NASDAQ:ITRI) last announced its quarterly earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $566.34 million. During the same quarter in the prior year, the company earned $1.62 EPS. The company’s revenue was down 7.2% compared to the same quarter last year. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. As a group, research analysts expect that Itron, Inc. will post 6.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ITRI. Roth Capital restated a “buy” rating and set a $136.00 price objective on shares of Itron in a research note on Wednesday, April 29th. Needham & Company LLC lifted their target price on Itron from $116.00 to $128.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Itron in a report on Wednesday, August 5th. Seaport Research Partners reissued a “buy” rating and set a $150.00 price target on shares of Itron in a research report on Wednesday, July 29th. Finally, Zacks Research upgraded shares of Itron from a “strong sell” rating to a “hold” rating in a 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Itron has a consensus rating of “Moderate Buy” and an average price target of $131.33.

More Itron News

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Analysts remain generally optimistic about ITRI: eight rate the shares Buy, four rate them Hold and one rates them Sell. The consensus price target is $131.33, with recent Buy ratings and target increases from Needham, Seaport Research Partners and Roth Capital supporting the bullish case. Itron analyst ratings
• Positive Sentiment: Institutional ownership is high at 96.19%, and several large investors—including California State Teachers’ Retirement System, Norges Bank, Jupiter Topco, Soros Fund Management and Millennium Management—have reported new or expanded positions. This could provide support for the stock.
• Neutral Sentiment: Reported short interest was listed at zero shares, but the accompanying percentage-change data was invalid. As a result, the report provides little insight into bearish positioning or potential short-covering demand.
• Negative Sentiment: Multiple executives sold shares recently, including CFO Joan S. Hooper and several senior vice presidents. Most transactions were explicitly made to cover tax-withholding obligations tied to vested equity awards, and the executives retained substantial holdings, reducing the negative signal. However, the concentration of sales may still weigh on sentiment. Itron SEC insider-sale filing
• Negative Sentiment: Itron’s latest quarterly results were mixed: EPS of $1.59 exceeded the $1.29 consensus estimate, but revenue declined 7.2% year over year to $562.9 million and fell slightly short of expectations. The company maintained 2026 guidance of $6.30–$6.50 in EPS, but the softer revenue trend remains a fundamental risk.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Capital World Investors acquired a new position in shares of Itron during the fourth quarter valued at about $10,460,000. Assenagon Asset Management S.A. grew its position in Itron by 160.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 336,710 shares of the scientific and technical instruments company’s stock worth $29,136,000 after purchasing an additional 207,416 shares during the last quarter. DNB Asset Management AS purchased a new position in shares of Itron in the fourth quarter worth $12,191,000. WINTON GROUP Ltd purchased a new position in shares of Itron in the fourth quarter worth $5,795,000. Finally, Fieldview Capital Management LLC lifted its stake in shares of Itron by 54.1% during the fourth quarter. Fieldview Capital Management LLC now owns 40,095 shares of the scientific and technical instruments company’s stock worth $3,723,000 after buying an additional 14,079 shares during the period. 96.19% of the stock is currently owned by hedge funds and other institutional investors.

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.