John Marcolini Sells 331 Shares of Itron (NASDAQ:ITRI) Stock

Itron, Inc. (NASDAQ:ITRI) SVP John Marcolini sold 331 shares of the firm’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 $32,699.49. Following the completion of the transaction, the senior vice president directly owned 12,683 shares in the company, valued at $1,252,953.57. This trade represents a 2.54% decrease in their ownership of the stock. The transaction was disclosed in a filing 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.

Itron Stock Performance

Shares of Itron stock opened at $98.86 on Thursday. Itron, Inc. has a 52 week low of $77.77 and a 52 week high of $142.00. The company has a quick ratio of 2.29, a current ratio of 2.75 and a debt-to-equity ratio of 0.96. The business has a 50 day moving average price of $91.62 and a 200-day moving average price of $90.06. The company has a market cap of $4.33 billion, a PE ratio of 16.50, a price-to-earnings-growth ratio of 1.18 and a beta of 1.30.

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 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 business had revenue of $562.90 million for the quarter, compared to analysts’ expectations of $566.34 million. During the same period in the previous year, the company earned $1.62 earnings per share. The firm’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. Equities analysts anticipate that Itron, Inc. will post 6.41 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. TD Cowen reduced their price objective on Itron from $145.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Stephens reiterated an “overweight” rating and set a $130.00 target price on shares of Itron in a research note on Wednesday, May 20th. Seaport Research Partners reissued a “buy” rating and issued a $150.00 price target on shares of Itron in a report on Wednesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Itron in a research report on Wednesday, August 5th. Finally, Roth Capital restated a “buy” rating and set a $136.00 price objective on shares of Itron in a report on Wednesday, April 29th. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Itron has a consensus rating of “Moderate Buy” and an average price target of $131.33.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ITRI. Employees Retirement System of Texas purchased a new stake in Itron during the third quarter valued at about $32,000. PenderFund Capital Management Ltd. bought a new stake in shares of Itron in the second quarter valued at approximately $35,000. Quantbot Technologies LP purchased a new stake in shares of Itron during the 2nd quarter valued at approximately $36,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Itron by 29.5% in 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 buying an additional 101 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new stake in Itron during the 2nd quarter valued at $48,000. Institutional investors own 96.19% of the company’s stock.

Key Itron News

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.