Laurie Ann Pulatie-Hahn Sells 187 Shares of Itron (NASDAQ:ITRI) Stock

Key Points

• Itron SVP Laurie Ann Pulatie-Hahn sold 187 shares at an average price of $97.83, generating $18,294.21. The sale reduced her holdings by 0.58% and was made to cover tax withholding on vested equity awards.
• Itron shares recently traded at $99.12, while the company’s latest quarterly earnings of $1.59 per share exceeded analysts’ $1.29 estimate. However, revenue declined 7.2% year over year to $562.9 million.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $131.33; institutional investors own 96.19% of the company’s stock.

Itron, Inc. (NASDAQ:ITRI - Get Free Report) SVP Laurie Ann Pulatie-Hahn sold 187 shares of the company's stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $97.83, for a total value of $18,294.21. Following the completion of the transaction, the senior vice president owned 32,108 shares of the company's stock, valued at $3,141,125.64. The trade was a 0.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Laurie Ann Pulatie-Hahn also recently made the following trade(s):

• On Tuesday, May 26th, Laurie Ann Pulatie-Hahn sold 174 shares of Itron stock. The shares were sold at an average price of $84.37, for a total transaction of $14,680.38.

Itron Trading Down 0.9%

Shares of NASDAQ:ITRI traded down $0.91 on Monday, hitting $99.12. The company had a trading volume of 34,560 shares, compared to its average volume of 879,535. The firm's 50-day simple moving average is $90.52 and its two-hundred day simple moving average is $90.11. The firm has a market capitalization of $4.34 billion, a price-to-earnings ratio of 16.55, a P/E/G ratio of 1.20 and a beta of 1.30. The company has a quick ratio of 2.29, a current ratio of 2.75 and a debt-to-equity ratio of 0.96. Itron, Inc. has a 1 year low of $77.77 and a 1 year high of $142.00.

Itron (NASDAQ:ITRI - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.29 by $0.30. Itron had a net margin of 11.90% and a return on equity of 19.26%. The company had revenue of $562.90 million during the quarter, compared to the consensus estimate of $566.34 million. During the same period in the prior year, the firm earned $1.62 earnings per share. Itron's revenue was down 7.2% on a year-over-year basis. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. Equities analysts anticipate that Itron, Inc. will post 6.4 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Itron

Institutional investors and hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System increased its stake in Itron by 7,889.6% in the 2nd quarter. California State Teachers Retirement System now owns 4,397,628 shares of the scientific and technical instruments company's stock worth $380,527,000 after acquiring an additional 4,342,586 shares during the last quarter. Norges Bank bought a new stake in shares of Itron in the 4th quarter worth about $63,990,000. Jupiter Topco LLC bought a new stake in shares of Itron in the 2nd quarter worth about $42,466,000. Soros Fund Management LLC purchased a new stake in shares of Itron during the 4th quarter valued at about $34,843,000. Finally, Millennium Management LLC grew its position in Itron by 269.3% in the fourth quarter. Millennium Management LLC now owns 506,867 shares of the scientific and technical instruments company's stock worth $47,068,000 after acquiring an additional 369,617 shares in the last quarter. 96.19% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ITRI. Needham & Company LLC boosted their price objective on shares of Itron from $116.00 to $128.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Roth Capital reiterated a "buy" rating and issued a $136.00 price target on shares of Itron in a research note on Wednesday, April 29th. Stephens restated an "overweight" rating and issued a $130.00 target price on shares of Itron in a report on Wednesday, May 20th. TD Cowen lowered their price target on Itron from $145.00 to $130.00 and set a "buy" rating on the stock in a report on Wednesday, April 29th. Finally, Seaport Research Partners reiterated a "buy" rating and set a $150.00 price objective on shares of Itron in a research report on Wednesday, July 29th. Eight research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Itron presently has an average rating of "Moderate Buy" and a consensus price target of $131.33.

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.

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