Itron Inc’s recently made public that its VP, Corp. Controller & CAO Wright David Marshall unloaded Company’s shares for reported $6586.0 on Nov 25 ’24. In the deal valued at $119.75 per share,55 shares were sold. As a result of this transaction, Wright David Marshall now holds 6,586 shares worth roughly $0.72 million.
Then, Ware Christopher E. sold 91 shares, generating $10,897 in total proceeds. Upon selling the shares at $119.75, the SVP, GC & Corp. Secretary now owns 15,098 shares.
Before that, Reeves Donald L. III sold 227 shares. Itron Inc shares valued at $27,183 were divested by the SVP, Outcomes at a price of $119.75 per share. As a result of the transaction, Reeves Donald L. III now holds 15,842 shares, worth roughly $1.73 million.
Janney initiated its Itron Inc [ITRI] rating to a Buy in a research note published on September 27, 2024; the price target was $131. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who began to cover the stock in early September with a ‘”an Outperform”‘ rating. TD Cowen also remained covering ITRI and reiterated its “Buy” recommendation on August 02, 2024. Guggenheim revised its rating on July 11, 2024. It rated ITRI as “a Buy” which previously was an “a Neutral”.
Price Performance Review of ITRI
On Friday, Itron Inc [NASDAQ:ITRI] saw its stock jump 0.95% to $109.02. Over the last five days, the stock has lost -2.61%. Itron Inc shares have risen nearly 44.38% since the year began. Nevertheless, the stocks have risen 47.36% over the past one year. While a 52-week high of $124.90 was reached on 11/11/24, a 52-week low of $67.21 was recorded on 01/17/24. SMA at 50 days reached $112.98, while 200 days put it at $103.29.
Levels Of Support And Resistance For ITRI Stock
The 24-hour chart illustrates a support level at 107.35, which if violated will result in even more drops to 105.68. On the upside, there is a resistance level at 110.29. A further resistance level may holdings at 111.56. The Relative Strength Index (RSI) on the 14-day chart is 37.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.83%. Stochastics %K at 10.67% indicates the stock is a buying.
How much short interest is there in Itron Inc?
A steep rise in short interest was recorded in Itron Inc stocks on 2024-11-29, growing by 0.44 million shares to a total of 3.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 2.93 million shares. There was a rise of 13.13%, which implies that there is a positive sentiment for the stock.
