Itron (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn Sells 187 Shares of Stock

Itron, Inc. (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn sold 187 shares of Itron stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $97.83, for a total value of $18,294.21. Following the sale, the senior vice president owned 32,108 shares in the company, valued at $3,141,125.64. This trade represents a 0.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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 Tuesday, May 26th, Laurie Ann Pulatie-Hahn sold 174 shares of Itron stock. The shares were sold at an average price of $84.37, for a total value of $14,680.38.

Itron Trading Down 1.3%

Shares of Itron stock opened at $98.69 on Tuesday. The stock has a fifty day moving average price of $90.88 and a 200-day moving average price of $90.09. 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 firm has a market cap of $4.32 billion, a PE ratio of 16.48, a P/E/G ratio of 1.20 and a beta of 1.30. Itron, Inc. has a 1 year low of $77.77 and a 1 year high of $142.00.

Itron (NASDAQ:ITRI) last posted its quarterly earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share for the quarter, beating 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 company had revenue of $562.90 million during the quarter, compared to analyst estimates of $566.34 million. During the same quarter in the prior year, the business earned $1.62 earnings per share. The firm’s revenue for the quarter 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 anticipate that Itron, Inc. will post 6.4 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on ITRI shares. Seaport Research Partners reaffirmed a “buy” rating and issued a $150.00 price target on shares of Itron in a report on Wednesday, July 29th. Roth Capital reissued a “buy” rating and issued a $136.00 target price on shares of Itron in a research report on Wednesday, April 29th. Zacks Research upgraded Itron from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Needham & Company LLC upped 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. Finally, Robert W. Baird set a $125.00 price objective on Itron in a report on Wednesday, July 29th. Eight analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.33.

More Itron News

Here are the key news stories impacting Itron this week:

• Neutral Sentiment: CFO Joan S. Hooper sold 4,406 shares for approximately $435,577, while six senior vice presidents and the chief accounting officer collectively sold another 1,213 shares for about $118,667. The executives retained substantial holdings after the transactions, which limits the signal that management is broadly reducing its exposure. SEC Form 4 filing
• Negative Sentiment: The cluster of insider-sale disclosures may pressure investor sentiment and contribute to weakness in ITRI, particularly because the sales occurred near $98 per share. Still, the tax-withholding explanation makes the transactions less concerning than open-market sales reflecting a negative view of the business. SEC Form 4 filing

Institutional Investors Weigh In On Itron

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System lifted its position in shares of Itron by 7,889.6% during the second quarter. California State Teachers Retirement System now owns 4,397,628 shares of the scientific and technical instruments company’s stock worth $380,527,000 after acquiring an additional 4,342,586 shares in the last quarter. Readystate Asset Management LP purchased a new position in shares of Itron in the second quarter valued at $1,809,000. AlphaGrep UK Ltd purchased a new position in shares of Itron in the second quarter valued at $232,000. Raiffeisen Bank International AG raised its stake in shares of Itron by 5.9% during the 2nd quarter. Raiffeisen Bank International AG now owns 250,000 shares of the scientific and technical instruments company’s stock valued at $20,930,000 after purchasing an additional 14,000 shares during the period. Finally, Concurrent Investment Advisors LLC bought a new stake in shares of Itron during the 2nd quarter valued at $211,000. Institutional investors own 96.19% of the company’s stock.

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.