Itron (NASDAQ:ITRI) SVP Donald Reeves III Sells 5,419 Shares of Stock

Itron, Inc. (NASDAQ:ITRI) SVP Donald Reeves III sold 5,419 shares of Itron stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $99.54, for a total value of $539,407.26. Following the completion of the transaction, the senior vice president owned 33,140 shares of the company’s stock, valued at approximately $3,298,755.60. The trade was a 14.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Itron Stock Performance

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

Itron (NASDAQ:ITRI) last issued its quarterly earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share for the quarter, beating analysts’ consensus estimates of $2.19 by $0.27. The company had revenue of $571.66 million during the quarter, compared to the consensus estimate of $561.31 million. Itron had a net margin of 12.72% and a return on equity of 20.04%. Itron’s revenue was down 6.7% on a year-over-year basis. During the same period in the prior year, the company earned $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. On average, sell-side analysts anticipate that Itron, Inc. will post 5.33 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on ITRI shares. Argus restated a “hold” rating on shares of Itron in a report on Tuesday, November 4th. Stephens upgraded shares of Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 price target on the stock in a research report on Monday, November 3rd. Wall Street Zen cut Itron from a “buy” rating to a “hold” rating in a research report on Wednesday, January 14th. Zacks Research lowered shares of Itron from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 28th. Finally, Weiss Ratings downgraded shares of Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Eight analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Itron presently has a consensus rating of “Moderate Buy” and an average target price of $137.90.

More Itron News

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CWM LLC lifted its stake in Itron by 8.9% in the second quarter. CWM LLC now owns 2,441 shares of the scientific and technical instruments company’s stock valued at $321,000 after purchasing an additional 200 shares during the last quarter. Oppenheimer Asset Management Inc. purchased a new position in Itron during the second quarter valued at approximately $692,000. Nisa Investment Advisors LLC increased its holdings in shares of Itron by 20.0% in the second quarter. Nisa Investment Advisors LLC now owns 1,008 shares of the scientific and technical instruments company’s stock worth $133,000 after purchasing an additional 168 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Itron by 43.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 110,683 shares of the scientific and technical instruments company’s stock valued at $14,569,000 after acquiring an additional 33,623 shares in the last quarter. Finally, Bessemer Group Inc. grew its stake in Itron by 125.7% in the 2nd quarter. Bessemer Group Inc. now owns 255 shares of the scientific and technical instruments company’s stock worth $34,000 after buying an additional 142 shares in the last quarter. 96.19% of the stock is currently owned by hedge funds and other 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.