Itron (NASDAQ:ITRI) SVP John Marcolini Sells 331 Shares

Itron, Inc. (NASDAQ:ITRI) SVP John Marcolini sold 331 shares of Itron stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $98.79, for a total value of $32,699.49. Following the sale, the senior vice president owned 12,683 shares in the company, valued at $1,252,953.57. This trade represents a 2.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Stock Up 0.0%

Shares of NASDAQ ITRI opened at $98.73 on Wednesday. The stock has a market cap of $4.32 billion, a PE ratio of 16.48, a price-to-earnings-growth ratio of 1.18 and a beta of 1.30. 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 business has a 50-day moving average price of $91.23 and a 200 day moving average price of $90.07.

Itron (NASDAQ:ITRI) last released its quarterly earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.30. The firm had revenue of $562.90 million for the quarter, compared to the consensus estimate of $566.34 million. Itron had a return on equity of 19.26% and a net margin of 11.90%.The firm’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.62 EPS. 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 forecast that Itron, Inc. will post 6.41 earnings per share for the current year.

Hedge Funds Weigh In On Itron

Large investors have recently bought and sold shares of the company. Capital World Investors acquired a new stake in shares of Itron in the 4th quarter valued at approximately $10,460,000. Assenagon Asset Management S.A. grew its holdings in Itron by 160.4% during the second 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 acquiring an additional 207,416 shares during the period. DNB Asset Management AS acquired a new position in Itron during the fourth quarter worth $12,191,000. WINTON GROUP Ltd purchased a new position in Itron in the fourth quarter worth $5,795,000. Finally, Fieldview Capital Management LLC raised its position in Itron by 54.1% in 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 acquiring an additional 14,079 shares in the last quarter. Hedge funds and other institutional investors own 96.19% of the company’s stock.

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.

Analyst Ratings Changes

ITRI has been the subject of several research reports. Stephens reiterated an “overweight” rating and issued a $130.00 price target on shares of Itron in a research report on Wednesday, May 20th. Seaport Research Partners reaffirmed a “buy” rating and issued a $150.00 target price on shares of Itron in a report on Wednesday, July 29th. TD Cowen dropped their price target on Itron from $145.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Itron in a research note on Wednesday, August 5th. Finally, Zacks Research raised Itron from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Eight research 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. According to MarketBeat.com, Itron presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.33.

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.