1 week Ago By ABMN Staff
Pictet Asset Management Holding SA grew its holdings in Itron, Inc. ( NASDAQ:ITRI – Free Report ) by 24.1% in the fourth quarter, HoldingsChannel.
com reports. The institutional investor owned 7,434 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,445 shares during the period. Pictet Asset Management Holding SA’s holdings in Itron were worth $807,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Louisiana State Employees Retirement System lifted its holdings in Itron by 0.5% during the 4th quarter.
Louisiana State Employees Retirement System now owns 21,800 shares of the scientific and technical instruments company’s stock valued at $2,367,000 after purchasing an additional 100 shares during the last quarter. Quarry LP raised its position in shares of Itron by 29.0% in the third quarter.
Quarry LP now owns 454 shares of the scientific and technical instruments company’s stock valued at $48,000 after purchasing an additional 102 shares during the period. Continuum Advisory LLC lifted its stake in shares of Itron by 42.1% during the 3rd quarter.
Continuum Advisory LLC now owns 344 shares of the scientific and technical instruments company’s stock worth $40,000 after buying an additional 102 shares during the last quarter. Stifel Financial Corp boosted its holdings in shares of Itron by 2.2% during the 3rd quarter.
Stifel Financial Corp now owns 4,921 shares of the scientific and technical instruments company’s stock worth $526,000 after buying an additional 108 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC grew its stake in Itron by 6.1% in the 4th quarter.
Pinnacle Wealth Management Advisory Group LLC now owns 2,185 shares of the scientific and technical instruments company’s stock valued at $237,000 after buying an additional 125 shares during the last quarter. 96.19% of the stock is currently owned by institutional investors.
Insider Buying and Selling In related news, SVP Christopher E. Ware sold 648 shares of Itron stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $92.
90, for a total transaction of $60,199.20. Following the sale, the senior vice president now directly owns 20,326 shares of the company’s stock, valued at approximately $1,888,285.
40. The trade was a 3.09 % decrease in their position.
The sale was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, Director Mary C. Hemmingsen sold 750 shares of the stock in a transaction that occurred on Thursday, February 27th.
The shares were sold at an average price of $107.27, for a total transaction of $80,452.50.
Following the completion of the transaction, the director now directly owns 5,630 shares of the company’s stock, valued at approximately $603,930.10. The trade was a 11.
76 % decrease in their position. The disclosure for this sale can be found here . In the last 90 days, insiders have sold 4,037 shares of company stock worth $385,815.
Corporate insiders own 1.45% of the company’s stock. Analyst Ratings Changes View Our Latest Analysis on Itron Itron Trading Down 0.
4 % Shares of Itron stock opened at $94.38 on Tuesday. The firm’s 50-day moving average price is $103.
59 and its two-hundred day moving average price is $107.94. The company has a market capitalization of $4.
30 billion, a price-to-earnings ratio of 19.34, a PEG ratio of 0.81 and a beta of 1.
39. The company has a quick ratio of 2.83, a current ratio of 3.
36 and a debt-to-equity ratio of 0.91. Itron, Inc.
has a 12-month low of $88.87 and a 12-month high of $124.90.
About Itron ( Free Report ) Itron, Inc, a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.
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