2 weeks Ago By ABMN Staff
Itron, Inc. ( NASDAQ:ITRI – Get Free Report ) CEO Thomas Deitrich sold 887 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $102.
15, for a total transaction of $90,607.05. Following the sale, the chief executive officer now directly owns 205,276 shares in the company, valued at approximately $20,968,943.
40. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink . Itron Trading Up 1.
3 % Shares of NASDAQ:ITRI opened at $101.61 on Friday. The company has a current ratio of 3.
16, a quick ratio of 1.40 and a debt-to-equity ratio of 0.98.
Itron, Inc. has a 12-month low of $56.11 and a 12-month high of $113.
07. The business has a 50 day moving average of $100.39 and a two-hundred day moving average of $97.
32. The company has a market capitalization of $4.66 billion, a PE ratio of 29.
20, a PEG ratio of 0.91 and a beta of 1.45.
Itron ( NASDAQ:ITRI – Get Free Report ) last posted its earnings results on Thursday, August 1st. The scientific and technical instruments company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.
96 by $0.25. Itron had a net margin of 7.
98% and a return on equity of 16.42%. The firm had revenue of $609.
07 million during the quarter, compared to analysts’ expectations of $599.25 million. During the same period in the previous year, the business posted $0.
65 EPS. The business’s revenue was up 12.6% compared to the same quarter last year.
As a group, analysts forecast that Itron, Inc. will post 4.55 EPS for the current year.
Wall Street Analysts Forecast Growth Get Our Latest Analysis on Itron Institutional Inflows and Outflows Large investors have recently modified their holdings of the company. GAMMA Investing LLC purchased a new position in shares of Itron in the 4th quarter valued at about $27,000. Hexagon Capital Partners LLC raised its stake in shares of Itron by 85.
6% during the 2nd quarter. Hexagon Capital Partners LLC now owns 271 shares of the scientific and technical instruments company’s stock worth $27,000 after buying an additional 125 shares during the period. Contravisory Investment Management Inc.
lifted its position in shares of Itron by 61.5% during the 1st quarter. Contravisory Investment Management Inc.
now owns 344 shares of the scientific and technical instruments company’s stock valued at $32,000 after buying an additional 131 shares in the last quarter. Quarry LP grew its stake in Itron by 53.0% in the 2nd quarter.
Quarry LP now owns 352 shares of the scientific and technical instruments company’s stock valued at $35,000 after acquiring an additional 122 shares during the period. Finally, C M Bidwell & Associates Ltd. purchased a new stake in Itron in the 4th quarter worth $76,000.
Institutional investors and hedge funds own 96.19% of the company’s stock. Itron Company Profile ( Get 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. Featured Articles 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 ..
