Itron (NASDAQ:ITRI) SVP Donald Reeves III Sells 283 Shares

Itron, Inc. (NASDAQ:ITRI) SVP Donald Reeves III sold 283 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $99.99, for a total value of $28,297.17. Following the sale, the senior vice president owned 27,662 shares in the company, valued at approximately $2,765,923.38. This represents a 1.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Itron Price Performance

Shares of ITRI opened at $98.86 on Thursday. The company has a current ratio of 2.75, a quick ratio of 2.29 and a debt-to-equity ratio of 0.96. The company’s fifty day simple moving average is $91.62 and its 200 day simple moving average is $90.06. Itron, Inc. has a 1-year low of $77.77 and a 1-year high of $142.00. The company 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.

Itron (NASDAQ:ITRI) last released its quarterly earnings data 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 company had revenue of $562.90 million for the quarter, compared to analyst estimates of $566.34 million. During the same period in the previous year, the business earned $1.62 EPS. Itron’s revenue for the quarter 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. On average, research analysts forecast that Itron, Inc. will post 6.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ITRI has been the subject of a number of research reports. Roth Capital restated a “buy” rating and set a $136.00 target price on shares of Itron in a research note on Wednesday, April 29th. Zacks Research raised shares of Itron from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Needham & Company LLC boosted their price objective on Itron from $116.00 to $128.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Itron in a research report on Wednesday, August 5th. Finally, Robert W. Baird set a $125.00 target price on Itron in a research note on Wednesday, July 29th. Eight 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.com, the company has a consensus rating of “Moderate Buy” and an average target price of $131.33.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ITRI. Employees Retirement System of Texas acquired a new stake in shares of Itron in the third quarter valued at approximately $32,000. PenderFund Capital Management Ltd. bought a new position in Itron during the 2nd quarter worth $35,000. Quantbot Technologies LP acquired a new position in Itron in the 2nd quarter valued at $36,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Itron by 29.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock valued at $41,000 after acquiring an additional 101 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Itron during the 2nd quarter worth $48,000. Institutional investors and hedge funds own 96.19% of the company’s stock.

Key Stories Impacting Itron

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.

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.