Reeves Donald L. III, an insider at Itron Inc (ITRI), executed a sale of 18,845 shares on December 9, 2025, at a price of $96.64 per share, totaling $1.82 million. Following this transaction, he retains 18,845 shares of the company.
Itron, headquartered in Liberty Lake, Washington, specializes in technology and services that measure, manage, and analyze energy and water usage. The company operates within the electrical equipment industry and employs approximately 5,040 full-time staff. Its Device Solutions segment focuses on hardware products for measurement and control, while the Networked Solutions segment offers smart meters, network infrastructure, and associated software. Additionally, the Outcomes segment leverages artificial intelligence and analytics to provide enhanced software and services.
This insider transaction highlights a routine activity that can occur for various reasons, including personal financial needs or tax planning. While such sales warrant attention, they do not inherently suggest negative sentiment toward the company. Investors are encouraged to consider insider transactions within a broader context, examining patterns across multiple insiders and time periods rather than isolated events.
Itron Inc currently holds a market capitalization of $4.5 billion, with a trailing P/E ratio of 17.36 and an EPS of 5.56. Upcoming earnings are scheduled for April 29, 2026, with an estimated EPS of $1.34 and revenue of $609.2 million, followed by another report on July 29, 2026, expecting an EPS of $1.50 and revenue of $631.4 million.