Itron, Inc. (NASDAQ:ITRI) CFO Joan S. Hooper sold 485 shares of the firm’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $67.70, for a total transaction of $32,834.50. Following the transaction, the chief financial officer now owns 30,257 shares of the company’s stock, valued at approximately $2,048,398.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of ITRI stock traded down $0.05 on Tuesday, hitting $67.80. The stock had a trading volume of 200,138 shares, compared to its average volume of 319,888. The firm has a market cap of $2.74 billion, a P/E ratio of 45.81, a PEG ratio of 1.57 and a beta of 1.34. Itron, Inc. has a twelve month low of $40.48 and a twelve month high of $88.32. The company has a fifty day moving average price of $64.41 and a two-hundred day moving average price of $72.24. The company has a current ratio of 2.08, a quick ratio of 1.75 and a debt-to-equity ratio of 1.75.
Itron (NASDAQ:ITRI) last posted its quarterly earnings data on Monday, May 4th. The scientific and technical instruments company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.56 by $0.01. Itron had a net margin of 2.40% and a return on equity of 16.47%. The business had revenue of $598.40 million for the quarter, compared to analysts’ expectations of $614.83 million. During the same period in the previous year, the firm posted $0.70 EPS. The firm’s revenue was down 2.6% compared to the same quarter last year. On average, analysts expect that Itron, Inc. will post 1.75 earnings per share for the current year.
Hedge funds have recently bought and sold shares of the business. Tower Research Capital LLC TRC boosted its stake in shares of Itron by 1,196.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 350 shares of the scientific and technical instruments company’s stock worth $29,000 after acquiring an additional 323 shares during the period. Penserra Capital Management LLC bought a new stake in Itron in the 4th quarter valued at $41,000. Private Capital Group LLC boosted its stake in Itron by 2,944.4% in the 1st quarter. Private Capital Group LLC now owns 548 shares of the scientific and technical instruments company’s stock valued at $31,000 after purchasing an additional 530 shares during the period. EPG Wealth Management LLC bought a new stake in Itron in the 1st quarter valued at $39,000. Finally, Harvest Fund Management Co. Ltd boosted its stake in Itron by 331.2% in the 1st quarter. Harvest Fund Management Co. Ltd now owns 802 shares of the scientific and technical instruments company’s stock valued at $44,000 after purchasing an additional 616 shares during the period. Hedge funds and other institutional investors own 93.88% of the company’s stock.
Itron, Inc, a technology and service company, provides end-to-end solutions that measures, manages, and analyzes energy and water use worldwide. The company 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.
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