Itron (NASDAQ:ITRI) CFO Joan Hooper Sells 15,293 Shares of Stock

Itron, Inc. (NASDAQ:ITRI) CFO Joan Hooper sold 15,293 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $99.54, for a total transaction of $1,522,265.22. Following the completion of the transaction, the chief financial officer directly owned 124,196 shares in the company, valued at $12,362,469.84. This represents a 10.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Itron Stock Down 4.4%

NASDAQ:ITRI opened at $95.21 on Tuesday. The company has a current ratio of 1.80, a quick ratio of 1.56 and a debt-to-equity ratio of 0.45. The stock has a 50 day moving average of $97.72 and a 200-day moving average of $109.72. The firm has a market capitalization of $4.28 billion, a PE ratio of 14.63, a price-to-earnings-growth ratio of 0.86 and a beta of 1.48. Itron, Inc. has a 52 week low of $88.57 and a 52 week high of $142.00.

Itron (NASDAQ:ITRI) last released its quarterly earnings data on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.27. The business had revenue of $571.66 million during the quarter, compared to analyst estimates of $561.31 million. Itron had a return on equity of 20.04% and a net margin of 12.72%.The business’s revenue for the quarter was down 6.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.35 EPS. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. Analysts predict that Itron, Inc. will post 5.33 EPS for the current year.

Itron News Roundup

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Recent quarterly results and forward guidance beat expectations — Itron reported a meaningful EPS beat and set Q1 and FY2026 EPS guidance that suggests continued profitability, which supports valuation metrics and earnings expectations for the year.
• Neutral Sentiment: Heavy trading activity — intraday volume is well above the stock’s average, indicating that today’s moves are driven by newsflow (insider transactions and debt issuance) rather than thin trading.
• Negative Sentiment: Large, clustered insider selling by multiple senior executives — over Feb. 19–20 several SVPs, the CFO and the CAO sold shares (sales concentrated around ~$99.50–$100.17), totaling roughly 46–48k shares across the filings. Executives who trimmed positions include the CFO Joan Hooper, John Marcolini, Donald Reeves III, Justin K. Patrick, Laurie Ann Pulatie‑Hahn and others. Large insider sales can be read negatively by the market (potential signaling or increased supply).
• Negative Sentiment: Itron announced $600 million of convertible senior notes — while this raises capital and may be used for corporate purposes, convertible debt introduces potential future dilution and can be viewed as a negative near-term catalyst until use of proceeds and conversion terms are clearer. Itron Announces $600.0 Million Convertible Senior Notes

Hedge Funds Weigh In On Itron

A number of large investors have recently made changes to their positions in ITRI. EverSource Wealth Advisors LLC boosted its holdings in shares of Itron by 25.3% during the second quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock worth $53,000 after purchasing an additional 81 shares during the period. Amalgamated Bank boosted its stake in shares of Itron by 0.7% during the 3rd quarter. Amalgamated Bank now owns 13,060 shares of the scientific and technical instruments company’s stock valued at $1,627,000 after buying an additional 86 shares during the period. PFG Investments LLC grew its holdings in shares of Itron by 4.8% during the 3rd quarter. PFG Investments LLC now owns 2,059 shares of the scientific and technical instruments company’s stock valued at $256,000 after acquiring an additional 94 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Itron by 29.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock worth $41,000 after acquiring an additional 101 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC raised its holdings in shares of Itron by 3.5% during the second quarter. Elevation Point Wealth Partners LLC now owns 3,398 shares of the scientific and technical instruments company’s stock worth $447,000 after acquiring an additional 115 shares in the last quarter. Institutional investors and hedge funds own 96.19% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ITRI. Wall Street Zen cut shares of Itron from a “buy” rating to a “hold” rating in a research note on Wednesday, January 14th. Argus reaffirmed a “hold” rating on shares of Itron in a research note on Tuesday, November 4th. Guggenheim set a $155.00 price objective on shares of Itron in a research note on Friday, February 13th. Robert W. Baird set a $128.00 target price on Itron and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Finally, Zacks Research lowered Itron from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 28th. Eight investment 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. Based on data from MarketBeat.com, Itron currently has an average rating of “Moderate Buy” and a consensus target price of $137.90.

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.