ITRON Earnings Results: $ITRI Reports Quarterly Earnings

ITRON ($ITRI) posted quarterly earnings results on Thursday, May 1st. The company reported earnings of $1.52 per share, beating estimates of $1.33 by $0.19. The company also reported revenue of $607,150,000, missing estimates of $626,620,680 by $-19,470,680.

You can see Quiver Quantitative's $ITRI stock page to track data on insider trading, hedge fund activity, congressional trading, and more.

ITRON Insider Trading Activity

ITRON insiders have traded $ITRI stock on the open market 35 times in the past 6 months. Of those trades, 0 have been purchases and 35 have been sales.

Here’s a breakdown of recent trading of $ITRI stock by insiders over the last 6 months:

• THOMAS DEITRICH (President & CEO) has made 0 purchases and 6 sales selling 74,846 shares for an estimated $7,785,763.
• JOAN S HOOPER (SVP & CFO) has made 0 purchases and 4 sales selling 13,847 shares for an estimated $1,357,386.
• DONALD L. III REEVES (SVP, Outcomes) has made 0 purchases and 5 sales selling 8,253 shares for an estimated $837,526.
• JOHN F. MARCOLINI (SVP, Networked Solutions) has made 0 purchases and 4 sales selling 5,807 shares for an estimated $566,588.
• JUSTIN K PATRICK (SVP, Device Solutions) has made 0 purchases and 4 sales selling 2,727 shares for an estimated $266,543.
• LAURIE ANN PULATIE-HAHN (SVP, HR) has made 0 purchases and 4 sales selling 931 shares for an estimated $92,475.
• CHRISTOPHER E. WARE (SVP, GC & Corp. Secretary) has made 0 purchases and 3 sales selling 842 shares for an estimated $81,647.
• MARY C. HEMMINGSEN has made 0 purchases and 2 sales selling 750 shares for an estimated $80,452.
• DAVID MARSHALL WRIGHT (VP, Corp. Controller & CAO) has made 0 purchases and 3 sales selling 587 shares for an estimated $58,062.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

ITRON Hedge Fund Activity

We have seen 213 institutional investors add shares of ITRON stock to their portfolio, and 190 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• NORGES BANK added 341,458 shares (+134.6%) to their portfolio in Q4 2024, for an estimated $37,075,509
• BOWEN HANES & CO INC added 253,140 shares (+inf%) to their portfolio in Q4 2024, for an estimated $27,485,941
• INVESCO LTD. removed 246,425 shares (-9.9%) from their portfolio in Q4 2024, for an estimated $26,756,826
• MACQUARIE GROUP LTD added 233,647 shares (+813.7%) to their portfolio in Q4 2024, for an estimated $25,369,391
• WELLINGTON MANAGEMENT GROUP LLP added 214,600 shares (+180.7%) to their portfolio in Q4 2024, for an estimated $23,301,268
• ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 196,396 shares (+85.7%) to their portfolio in Q4 2024, for an estimated $21,324,677
• JPMORGAN CHASE & CO removed 179,046 shares (-28.3%) from their portfolio in Q4 2024, for an estimated $19,440,814

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

ITRON Government Contracts

We have seen $197,209 of award payments to $ITRI over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

• FY25-ITRON MAINTENANCE RENEWAL WITH REMOTE VIEWER: $179,268
• ITRON ON-SITE TRAINING TO SUPPORT, UPGRADE AND UPDATE FOR MV90XI SOFTWARE: $17,941

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.