Laurie Ann Pulatie-Hahn Sells 174 Shares of Itron (NASDAQ:ITRI) Stock

Itron, Inc. (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn sold 174 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $84.37, for a total value of $14,680.38. Following the sale, the senior vice president owned 32,295 shares in the company, valued at $2,724,729.15. The trade was a 0.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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 Wednesday, May 20th, Laurie Ann Pulatie-Hahn sold 181 shares of Itron stock. The stock was sold at an average price of $79.60, for a total value of $14,407.60.
• On Monday, May 11th, Laurie Ann Pulatie-Hahn sold 124 shares of Itron stock. The stock was sold at an average price of $81.59, for a total value of $10,117.16.

Itron Stock Performance

Shares of Itron stock traded up $0.86 on Wednesday, reaching $85.30. 521,981 shares of the company were exchanged, compared to its average volume of 930,161. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.24 and a current ratio of 2.66. The company’s 50-day moving average is $88.19 and its two-hundred day moving average is $94.11. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 13.60, a P/E/G ratio of 0.73 and a beta of 1.35. 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, April 28th. The scientific and technical instruments company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.23. The business had revenue of $586.98 million for the quarter, compared to analysts’ expectations of $572.04 million. Itron had a return on equity of 19.54% and a net margin of 12.31%.The business’s quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.52 EPS. Itron has set its Q2 2026 guidance at 1.250-1.350 EPS. As a group, research analysts expect that Itron, Inc. will post 6.01 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ITRI has been the subject of a number of recent analyst reports. Oppenheimer increased their price objective on Itron from $133.00 to $135.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Roth Mkm reissued a “buy” rating and issued a $136.00 price objective on shares of Itron in a report on Wednesday, April 29th. Guggenheim set a $155.00 price objective on Itron in a report on Friday, February 13th. Stephens reissued an “overweight” rating and issued a $130.00 price objective on shares of Itron in a report on Wednesday, May 20th. Finally, Needham & Company LLC initiated coverage on Itron in a report on Friday, March 6th. They issued a “buy” rating and a $124.00 price objective for the company. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $131.22.

Trending Headlines about Itron

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Itron announced a new Locusview Connector for SAP S/4HANA, expanding its digital construction management platform and potentially strengthening its utility resiliency offering. Itron Releases Locusview Connector for SAP S/4HANA to Enhance Utility Resiliency
• Positive Sentiment: Itron expanded its collaboration with Hunter Water in Australia, where the utility will deploy 2,000 Itron digital water meters and use Temetra software to improve leak detection, water conservation, and network efficiency. Hunter Water Expands Collaboration with Itron to Advance Digital Metering Program
• Neutral Sentiment: Several Itron executives, including the CFO and multiple senior vice presidents, sold small amounts of stock this week. The company said the sales were made to cover tax withholding obligations tied to vested equity awards, which makes the transactions less concerning than open-market selling for investment reasons.
• Neutral Sentiment: The insider activity is still worth watching because Itron insiders have sold shares repeatedly over the past six months, with no reported open-market purchases in that period.
• Negative Sentiment: Despite the positive contract news, the cluster of insider sales may weigh on sentiment and reinforce caution after the stock’s weaker recent trend.

Hedge Funds Weigh In On Itron

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ITRI. Northwestern Mutual Wealth Management Co. boosted its stake 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 purchasing an additional 268 shares in the last quarter. M&T Bank Corp boosted its stake in shares of Itron by 10.0% during the 2nd quarter. M&T Bank Corp now owns 2,141 shares of the scientific and technical instruments company’s stock worth $282,000 after acquiring an additional 194 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Itron by 25.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock worth $53,000 after acquiring an additional 81 shares in the last quarter. Jump Financial LLC bought a new stake in shares of Itron during the 2nd quarter worth $1,609,000. Finally, Cerity Partners LLC boosted its stake in shares of Itron by 10.2% during the 2nd quarter. Cerity Partners LLC now owns 5,431 shares of the scientific and technical instruments company’s stock worth $715,000 after acquiring an additional 503 shares in the last quarter. 96.19% of the stock is owned by institutional investors.

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.