Itron Inc.’s filing revealed that its President & CEO Deitrich Thomas unloaded Company’s shares for reported $95044.0 on May 24 ’24. In the deal valued at $108.87 per share,873 shares were sold. As a result of this transaction, Deitrich Thomas now holds 206,163 shares worth roughly $20.85 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Hooper Joan S sold 501 shares, generating $54,544 in total proceeds. Upon selling the shares at $108.87, the SVP & CFO now owns 72,847 shares.
Before that, Marcolini John F. sold 219 shares. Itron Inc. shares valued at $23,843 were divested by the SVP, Networked Solutions at a price of $108.87 per share. As a result of the transaction, Marcolini John F. now holds 15,584 shares, worth roughly $1.58 million.
TD Cowen reiterated its Itron Inc. [ITRI] rating to a Buy in a research note published on August 02, 2024; the price target was $125. A number of analysts have revised their coverage, including Guggenheim’s analysts, who increased its forecast for the stock in mid July from “a Neutral” to “a Buy”. Piper Sandler also remained covering ITRI and has decreased its forecast on May 21, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. TD Cowen maintained its rating on May 03, 2024. It rated ITRI as “a Buy”.
Price Performance Review of ITRI
On Friday, Itron Inc. [NASDAQ:ITRI] saw its stock fall -6.42% to $101.15. Over the last five days, the stock has lost -2.33%. Itron Inc. shares have risen nearly 33.96% since the year began. Nevertheless, the stocks have risen 31.79% over the past one year. While a 52-week high of $113.07 was reached on 08/01/24, a 52-week low of $56.11 was recorded on 01/17/24. SMA at 50 days reached $103.64, while 200 days put it at $85.82. A total of 0.99 million shares were traded, compared to the trading of 1.76 million shares in the previous session.
Levels Of Support And Resistance For ITRI Stock
The 24-hour chart illustrates a support level at 99.55, which if violated will result in even more drops to 97.96. On the upside, there is a resistance level at 103.91. A further resistance level may holdings at 106.68. The Relative Strength Index (RSI) on the 14-day chart is 46.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.44%. Stochastics%K at 33.50% indicates the stock is a holding.
The most recent change occurred on March 13, 2024 when TD Cowen resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $110.
