Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Itron Inc shares valued at $329,002 were purchased by Marcolini John F. on Feb 20 ’25. At $97.28 per share, Marcolini John F. acquired 3,382 shares.
Also, Reeves Donald L. III purchased 2,387 shares, netting a total of over 232,208 in proceeds.
Before that, Patrick Justin K had added 1,647 shares to its account. In a trade valued at $160,220, the Officer bought Itron Inc shares for $97.28 each.
As published in their initiating research note from Janney on September 27, 2024, Itron Inc [ITRI] has been a Buy and the price target has been revised to $131. Analysts at Exane BNP Paribas started covering the stock with ‘”an Outperform”‘ outlook in a report released in early September. As of August 02, 2024, TD Cowen has reiterated its “Buy” rating for ITRI. Earlier on July 11, 2024, Guggenheim upgraded its rating. Their new recommendation was “a Buy” for ITRI stock which previously was a “a Neutral”.
Analyzing ITRI Stock Performance
During the last five days, there has been a drop of approximately -0.06%. Over the course of the year, Itron Inc shares have dropped approximately -10.03%. Shares of the company reached a 52-week high of $111.39 on 01/06/25 and a 52-week low of $95.85 on 02/18/25. A 50-day SMA is recorded $106.79, while a 200-day SMA reached $106.04. Nevertheless, trading volume fell to 0.56 million shares from 0.49 million shares the previous day.
Support And Resistance Levels for Itron Inc (ITRI)
According to the 24-hour chart, there is a support level at 96.91, which, if violated, would cause prices to drop to 96.14. In the upper region, resistance lies at 98.28. The next price resistance is at 98.88. RSI (Relative Strength Index) is 32.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.12, which suggests the price will decrease in the coming days. Percent R is at 86.09%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
