John Marcolini Sells 1,074 Shares of Itron (NASDAQ:ITRI) Stock

Itron, Inc. (NASDAQ:ITRI) SVP John Marcolini sold 1,074 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $100.17, for a total transaction of $107,582.58. Following the completion of the transaction, the senior vice president owned 25,838 shares of the company’s stock, valued at $2,588,192.46. This represents a 3.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Itron Stock Up 2.8%

Shares of Itron stock opened at $97.84 on Wednesday. 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 company has a market cap of $4.40 billion, a P/E ratio of 15.03, a PEG ratio of 0.82 and a beta of 1.48. The firm’s 50 day moving average price is $97.77 and its 200-day moving average price is $109.53. Itron, Inc. has a 52-week low of $88.57 and a 52-week high of $142.00.

Itron (NASDAQ:ITRI) last announced its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.19 by $0.27. Itron had a net margin of 12.72% and a return on equity of 20.04%. The company had revenue of $571.66 million during the quarter, compared to the consensus estimate of $561.31 million. During the same period last year, the firm earned $1.35 earnings per share. Itron’s revenue was down 6.7% compared to the same quarter last year. 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 predict that Itron, Inc. will post 5.33 EPS for the current fiscal year.

Institutional Trading of Itron

Hedge funds have recently modified their holdings of the stock. Pacer Advisors Inc. purchased a new position in Itron during the fourth quarter valued at approximately $12,864,000. Mercer Global Advisors Inc. ADV grew its stake in shares of Itron by 18.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 2,787 shares of the scientific and technical instruments company’s stock worth $259,000 after purchasing an additional 441 shares during the period. XTX Topco Ltd purchased a new position in shares of Itron during the 4th quarter valued at approximately $1,032,000. Voloridge Investment Management LLC lifted its stake in shares of Itron by 164.1% in the 4th quarter. Voloridge Investment Management LLC now owns 197,536 shares of the scientific and technical instruments company’s stock valued at $18,343,000 after purchasing an additional 122,733 shares during the period. Finally, Symmetry Investments LP acquired a new position in shares of Itron in the 4th quarter valued at $3,334,000. Hedge funds and other institutional investors own 96.19% of the company’s stock.

Analyst Upgrades and Downgrades

ITRI has been the subject of several recent analyst reports. Robert W. Baird set a $128.00 price target on Itron and gave the stock an “outperform” rating in a report on Wednesday, February 18th. Stephens upgraded shares of Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 target price for the company in a research note on Monday, November 3rd. Wall Street Zen downgraded Itron from a “buy” rating to a “hold” rating in a research report on Wednesday, January 14th. Oppenheimer lifted their price target on Itron from $125.00 to $133.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Finally, Guggenheim set a $155.00 price objective on Itron in a report on Friday, February 13th. 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’s stock. Based on data from MarketBeat, Itron presently has a consensus rating of “Moderate Buy” and a consensus target price of $137.90.

Trending Headlines about Itron

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Q4 earnings beat and forward guidance — Itron reported an EPS beat and provided Q1 and FY‑2026 EPS guidance that supported the outlook after the Feb. 17 earnings call. This underpins the rally in shares and analyst engagement. Read More.
• Positive Sentiment: Upsized $700M convertible notes offering with buyback and capped‑call structure — Itron increased the offering to $700M, plans ~$100M of concurrent share repurchases and capped calls to limit dilution, and will use proceeds also to repay existing convertible notes. The size bump and use of proceeds can strengthen the balance sheet and support buyback-driven EPS accretion. Read More.
• Neutral Sentiment: Street positioning remains constructive — broker consensus is a “Moderate Buy” and several analysts maintain targets above the current price, supporting upside case despite recent volatility. Read More.
• Negative Sentiment: Clustered insider selling across senior management — multiple SVPs, the CFO and CAO disclosed coordinated sales over Feb. 19–20 (tens of thousands of shares across filings). Large, concentrated insider sales often create negative signaling and add near‑term supply pressure. Read More.
• Negative Sentiment: Convertible notes carry dilution risk despite mitigants — although capped calls and a ~30% conversion premium reduce immediate dilution concerns, the convertible structure can still dilute equity if shares rise or convert, leaving uncertainty for shareholders until conversions/repurchases occur. Read More.

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.