Itron (NASDAQ:ITRI) SVP Christopher Ware Sells 200 Shares of Stock

Itron, Inc. (NASDAQ:ITRI) SVP Christopher Ware sold 200 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $98.79, for a total transaction of $19,758.00. Following the completion of the transaction, the senior vice president owned 29,916 shares of the company’s stock, valued at approximately $2,955,401.64. This represents a 0.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Itron Trading Up 0.0%

Shares of ITRI stock opened at $98.73 on Wednesday. The stock has a 50 day simple moving average of $91.23 and a 200-day simple moving average of $90.07. 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 $4.32 billion, a price-to-earnings ratio of 16.48, a PEG ratio of 1.18 and a beta of 1.30. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.75 and a quick ratio of 2.29.

Itron (NASDAQ:ITRI) last issued 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. Itron had a return on equity of 19.26% and a net margin of 11.90%.The firm 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 company posted $1.62 earnings per share. The business’s revenue 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. On average, equities research analysts expect that Itron, Inc. will post 6.41 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on ITRI. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Itron in a research report on Wednesday, August 5th. Seaport Research Partners reiterated a “buy” rating and issued a $150.00 price target on shares of Itron in a research note on Wednesday, July 29th. Robert W. Baird set a $125.00 price objective on Itron in a report on Wednesday, July 29th. Stephens reaffirmed an “overweight” rating and issued a $130.00 target price on shares of Itron in a research report on Wednesday, May 20th. Finally, Roth Capital reaffirmed a “buy” rating and set a $136.00 price target on shares of Itron in a research report on Wednesday, April 29th. Eight research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Itron presently has a consensus rating of “Moderate Buy” and an average target price of $131.33.

Key Itron News

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.

Institutional Trading of Itron

Institutional investors and hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its holdings in Itron by 25.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock valued at $53,000 after acquiring an additional 81 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings 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 worth $41,000 after purchasing an additional 101 shares during the period. Impact Partnership Wealth LLC increased its position in shares of Itron by 4.7% in the first quarter. Impact Partnership Wealth LLC now owns 2,661 shares of the scientific and technical instruments company’s stock worth $239,000 after acquiring an additional 119 shares in the last quarter. Xponance LLC increased its holdings in Itron by 3.2% in the 4th quarter. Xponance LLC now owns 3,877 shares of the scientific and technical instruments company’s stock valued at $360,000 after purchasing an additional 120 shares in the last quarter. Finally, Maryland State Retirement & Pension System boosted its holdings in Itron by 2.2% in the 4th quarter. Maryland State Retirement & Pension System now owns 6,718 shares of the scientific and technical instruments company’s stock worth $624,000 after acquiring an additional 146 shares during the period. Hedge funds and other 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.