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Itron Inc (ITRI) receives a Buy rating from Janney

Itron Inc’s recently made public that its Director Hemmingsen Mary C. unloaded Company’s shares for reported $80452.0 on Feb 27 ’25. In the deal valued at $107.27 per share,750 shares were sold. As a result of this transaction, Hemmingsen Mary C. now holds 5,630 shares worth roughly $0.59 million.

Then, Hemmingsen Mary C. bought 750 shares, generating $80,452 in total proceeds.

Before that, Wright David Marshall sold 215 shares. Itron Inc shares valued at $22,028 were divested by the VP, Corp. Controller & CAO at a price of $102.45 per share. As a result of the transaction, Wright David Marshall now holds 7,893 shares, worth roughly $0.83 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 Monday, Itron Inc [NASDAQ:ITRI] saw its stock jump 0.91% to $104.76. Over the last five days, the stock has lost -3.50%. Itron Inc shares have fallen nearly -3.52% since the year began. Nevertheless, the stocks have risen 14.44% over the past one year. While a 52-week high of $124.90 was reached on 01/06/25, a 52-week low of $87.91 was recorded on 02/24/25. SMA at 50 days reached $104.37, while 200 days put it at $105.64.

Levels Of Support And Resistance For ITRI Stock

The 24-hour chart illustrates a support level at 102.28, which if violated will result in even more drops to 99.79. On the upside, there is a resistance level at 106.15. A further resistance level may holdings at 107.53. The Relative Strength Index (RSI) on the 14-day chart is 48.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.63%. Stochastics %K at 38.24% indicates the stock is a holding.

How much short interest is there in Itron Inc?

A steep rise in short interest was recorded in Itron Inc stocks on 2025-03-14, growing by 0.21 million shares to a total of 3.72 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.51 million shares. There was a rise of 5.75%, which implies that there is a positive sentiment for the stock.

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