Christopher E. Ware, senior vice president, general counsel and corporate secretary of Itron Inc., sold 195 common shares on August 20, 2026, at a price of $97.8259 per share for a total consideration of $19,076.
The transaction was executed automatically to satisfy tax withholding obligations tied to the vesting of a restricted stock unit award, according to a regulatory filing. Ware’s direct beneficial ownership after the disposal totals 30,116 common shares of Itron.
Itron’s common stock was trading at $98.64 at the time of the article’s publication, compared with an earlier intraday quote of $98.54. The company’s market capitalization stands at approximately $4.31 billion.
The disposal follows Itron’s second-quarter 2026 results, in which adjusted earnings per share reached $1.59, exceeding the consensus estimate of $1.29. Quarterly revenue totaled $563 million, slightly below the $566.34 million forecast. Adjusted gross margin expanded to a record 41.4%, up 460 basis points year-over-year.
Analyst coverage from Needham increased the firm’s price target on Itron to $128 from $116 while maintaining a buy rating. Independent analysis compiled by InvestingPro shows a range of analyst targets between $115 and $150.
