Potential Price Increase for Itron Inc (ITRI) After Recent Insider Activity

Itron Inc’s filing revealed that its SVP, Device Solutions Patrick Justin K unloaded Company’s shares for reported $1.1 million on Jun 10 ’25. In the deal valued at $121.77 per share,9,036 shares were sold. As a result of this transaction, Patrick Justin K now holds 21,149 shares worth roughly $2.58 million.

Then, Patrick Justin K bought 9,036 shares, generating $1,100,314 in total proceeds.

Before that, Marcolini John F. sold 6,904 shares. Itron Inc shares valued at $825,028 were divested by the SVP, Networked Solutions at a price of $119.50 per share. As a result of the transaction, Marcolini John F. now holds 14,961 shares, worth roughly $1.82 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 fall -0.76% to $121.96. Over the last five days, the stock has gained 1.16%. Itron Inc shares have risen nearly 12.32% since the year began. Nevertheless, the stocks have risen 14.54% over the past one year. While a 52-week high of $124.90 was reached on 06/10/25, a 52-week low of $90.11 was recorded on 04/09/25.

Levels Of Support And Resistance For ITRI Stock

The 24-hour chart illustrates a support level at 121.00, which if violated will result in even more drops to 120.04. On the upside, there is a resistance level at 123.29. A further resistance level may holdings at 124.62.

How much short interest is there in Itron Inc?

A steep rise in short interest was recorded in Itron Inc stocks on 2025-05-30, dropping by -0.27 million shares to a total of 3.16 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 3.43 million shares. There was a decline of -8.42%, which implies that there is a negative sentiment for the stock.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.