Itron, Inc. (NASDAQ:ITRI – Get Free Report) CFO Joan S. Hooper sold 1,869 shares of Itron stock in a transaction on Monday, February 26th. The shares were sold at an average price of $87.10, for a total value of $162,789.90. Following the completion of the sale, the chief financial officer now directly owns 76,904 shares of the company’s stock, valued at approximately $6,698,338.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Itron Price Performance
ITRI stock opened at $91.03 on Wednesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.32 and a current ratio of 1.95. Itron, Inc. has a 1 year low of $50.40 and a 1 year high of $94.59. The firm has a market cap of $4.14 billion, a P/E ratio of 43.35, a price-to-earnings-growth ratio of 1.11 and a beta of 1.35. The stock has a 50-day simple moving average of $74.38 and a 200-day simple moving average of $67.73.
Itron (NASDAQ:ITRI – Get Free Report) last issued its quarterly earnings results on Monday, February 26th. The scientific and technical instruments company reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.48. Itron had a return on equity of 12.27% and a net margin of 4.46%. The firm had revenue of $577.17 million during the quarter, compared to the consensus estimate of $569.90 million. During the same quarter in the prior year, the business posted $0.71 earnings per share. Itron’s revenue for the quarter was up 23.5% on a year-over-year basis. On average, equities analysts predict that Itron, Inc. will post 3.58 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
View Our Latest Analysis on ITRI
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. GAMMA Investing LLC bought a new position in Itron during the 4th quarter worth approximately $27,000. State of Wyoming bought a new stake in shares of Itron in the 4th quarter worth approximately $29,000. Quarry LP lifted its holdings in shares of Itron by 240.5% in the 2nd quarter. Quarry LP now owns 429 shares of the scientific and technical instruments company’s stock worth $31,000 after purchasing an additional 303 shares during the last quarter. Covestor Ltd lifted its holdings in shares of Itron by 9,150.0% in the 3rd quarter. Covestor Ltd now owns 555 shares of the scientific and technical instruments company’s stock worth $34,000 after purchasing an additional 549 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd bought a new stake in shares of Itron in the 4th quarter worth approximately $50,000. Institutional investors own 95.12% of the company’s stock.
Itron Company Profile
Itron, Inc, a technology and service company, provides end-to-end solutions that help manage operations in the energy, water, and smart city space worldwide. It operates through three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing.
Further Reading
- Five stocks we like better than Itron
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- 2 Navigation Stocks That Continue to Defy Gravity
- With Risk Tolerance, One Size Does Not Fit All
- Applied Optoelectronics earnings dumper, pain now for gain later?
- Basic Materials Stocks Investing
- Sleep Number Stock Wakes Up on Restructuring Plans
Receive News & Ratings for Itron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Itron and related companies with MarketBeat.com's FREE daily email newsletter.