Donald Reeves III Sells 1,071 Shares of Itron (NASDAQ:ITRI) Stock

Itron, Inc. (NASDAQ:ITRI) SVP Donald Reeves III sold 1,071 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $100.17, for a total transaction of $107,282.07. Following the completion of the sale, the senior vice president directly owned 32,069 shares in the company, valued at $3,212,351.73. This trade represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Itron Stock Performance

NASDAQ:ITRI opened at $97.84 on Wednesday. Itron, Inc. has a fifty-two week low of $88.57 and a fifty-two week high of $142.00. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.56 and a current ratio of 1.80. The company has a 50 day moving average price of $97.77 and a 200 day moving average price of $109.53. The stock has a market capitalization of $4.40 billion, a P/E ratio of 15.03, a PEG ratio of 0.82 and a beta of 1.48.

Itron (NASDAQ:ITRI) last released its quarterly earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.27. Itron had a return on equity of 20.04% and a net margin of 12.72%.The company had revenue of $571.66 million for the quarter, compared to analysts’ expectations of $561.31 million. During the same period in the prior year, the firm earned $1.35 earnings per share. The firm’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. Equities research analysts forecast that Itron, Inc. will post 5.33 EPS for the current year.

Institutional Trading of Itron

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ITRI. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Itron in the 2nd quarter valued at about $30,000. Bessemer Group Inc. grew its holdings in shares of Itron by 125.7% during the second 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 during the last quarter. Employees Retirement System of Texas acquired a new position in Itron in the 3rd quarter valued at about $32,000. Private Trust Co. NA raised its stake in 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 acquiring an additional 145 shares during the last quarter. Finally, Optiver Holding B.V. acquired a new stake in Itron during the 3rd quarter worth approximately $36,000. Institutional investors and hedge funds own 96.19% of the company’s stock.

Analyst Ratings Changes

ITRI has been the subject of several research reports. Oppenheimer lifted their target price on Itron from $125.00 to $133.00 and gave the company an “outperform” rating in a research report on Wednesday, February 18th. 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 shares of Itron and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. Wall Street Zen lowered shares of Itron from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Finally, Johnson Rice upgraded shares of Itron from an “accumulate” rating to a “buy” rating and set a $130.00 price target for the company in a research note on Monday, January 5th. Eight analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $137.90.

Itron News Summary

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.

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.