Itron (NASDAQ:ITRI) SVP Justin Patrick Sells 4,930 Shares of Stock

Itron, Inc. (NASDAQ:ITRI) SVP Justin Patrick sold 4,930 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $99.54, for a total transaction of $490,732.20. Following the transaction, the senior vice president directly owned 34,344 shares in the company, valued at approximately $3,418,601.76. This represents a 12.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Itron Stock Down 4.4%

Shares of NASDAQ ITRI opened at $95.21 on Tuesday. The stock 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 company has a quick ratio of 1.56, a current ratio of 1.80 and a debt-to-equity ratio of 0.45. The firm has a fifty day moving average of $97.72 and a 200-day moving average of $109.72. Itron, Inc. has a 52-week low of $88.57 and a 52-week high of $142.00.

Itron (NASDAQ:ITRI) last issued its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.27. Itron had a return on equity of 20.04% and a net margin of 12.72%.The business had revenue of $571.66 million for the quarter, compared to analyst estimates of $561.31 million. During the same period last year, the company posted $1.35 EPS. The business’s quarterly revenue was down 6.7% on a year-over-year basis. 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, analysts anticipate that Itron, Inc. will post 5.33 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ITRI. Guggenheim set a $155.00 price target on shares of Itron in a report on Friday, February 13th. Zacks Research lowered shares of Itron from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 28th. Stephens upgraded shares of Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 target price on the stock in a report on Monday, November 3rd. Wall Street Zen downgraded Itron from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Finally, Argus reissued a “hold” rating on shares of Itron in a research report on Tuesday, November 4th. Eight equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Itron currently has a consensus rating of “Moderate Buy” and a consensus price target of $137.90.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Private Trust Co. NA boosted its stake in shares of Itron by 112.4% during the 4th quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company’s stock valued at $25,000 after buying an additional 145 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in Itron in the second quarter valued at $30,000. Employees Retirement System of Texas acquired a new stake in Itron in the third quarter valued at $32,000. Bessemer Group Inc. boosted its stake in Itron by 125.7% during the 2nd quarter. Bessemer Group Inc. now owns 255 shares of the scientific and technical instruments company’s stock valued at $34,000 after acquiring an additional 142 shares during the last quarter. Finally, Optiver Holding B.V. acquired a new position in Itron during the 3rd quarter worth $36,000. Hedge funds and other institutional investors own 96.19% of the company’s stock.

Trending Headlines about Itron

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

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.