Itron Inc. (NASDAQ: ITRI) disclosed that Laurie Ann Pulatie-Hahn, Senior Vice President of Human Resources, sold 178 common shares on August 24, 2026, for a total of $17,584 at $98.79 per share.
The sale was executed automatically to cover tax withholding obligations tied to the vesting of a restricted stock unit award. Following the transaction, Pulatie-Hahn retains 31,930 common shares in the company.
Itron, with a market capitalization of $4.3 billion, reported adjusted earnings per share of $1.59 for Q2 2026, exceeding the analyst consensus forecast of $1.29. Quarterly revenue totaled $563 million, slightly below Wall Street's estimate of $566.34 million. The company also achieved a record adjusted gross margin of 41.4%, a 460-basis-point increase year-over-year.
Analysts have revised earnings estimates upward, with six firms adjusting projections higher for the upcoming period. Needham raised its price target to $128 while maintaining a buy recommendation, citing strong margins and an improved full-year 2026 profit outlook. InvestingPro’s fair value estimate for Itron stands at $98.32, with a price-to-earnings ratio of 16.29. Analyst price targets range between $115 and $150.
