Los Angeles Capital Management LLC Acquires Shares of 21,634 Itron, Inc. (NASDAQ:ITRI) – Notice Today Internet

Los Angeles Capital Management LLC acquired a newborn wager in shares of Itron, Inc. (NASDAQ:ITRI – Free Report) during the prototypal quarter, according to its most past revealing with the Securities & Exchange Commission. The money acquired 21,634 shares of the technological and theoretical instruments company’s stock, valued at roughly $2,002,000.

Other institutionalised investors also fresh added to or baritone their wager in the company. GAMMA Investing LLC bought a newborn function in shares of Itron in the ordinal lodge valued at roughly $27,000. Covestor Ltd upraised its wager in shares of Itron by 9,150.0% in the ordinal quarter. Covestor Ltd today owns 555 shares of the technological and theoretical instruments company’s hit valued at $34,000 after feat an added 549 shares during the terminal quarter. Harvest Fund Management Co. Ltd bought a newborn function in shares of Itron in the ordinal lodge valued at roughly $50,000. C M Bidwell & Associates Ltd. bought a newborn function in shares of Itron in the ordinal lodge valued at roughly $76,000. Finally, BI Asset Management Fondsmaeglerselskab A S bought a newborn function in shares of Itron in the ordinal lodge valued at roughly $81,000. 96.19% of the hit is owned by institutionalised investors and inclose funds.

Itron Price Performance

Shares of ITRI stock unsealed at $99.12 on Friday. Itron, Inc. has a 12-month baritone of $56.11 and a 12-month broad of $111.00. The concern has a mart estimation of $4.55 billion, a price-to-earnings ratio of 28.48, a price-to-earnings-growth ratio of 0.95 and a beta of 1.47. The consort has a hurried ratio of 1.40, a underway ratio of 1.90 and a debt-to-equity ratio of 0.33. The concern has a banknote period agitated cipher of $103.01 and a 200-day agitated cipher of $88.21.

Itron (NASDAQ:ITRI – Get Free Report) terminal declared its quarterly earnings results on Thursday, May 2nd. The technological and theoretical instruments consort reportable $1.24 earnings per deal (EPS) for the quarter, fighting the consensus judge of $0.85 by $0.39. Itron had a gain edge of 7.03% and a convey on justness of 14.51%. The consort had income of $603.44 meg during the quarter, compared to shrink estimates of $579.49 million. During the aforementioned lodge in the preceding year, the playing attained $0.49 EPS. The firm’s income was up 22.0% on a year-over-year basis. On average, equities investigate analysts prognosticate that Itron, Inc. module place 4 earnings per deal for the underway year.

Analyst Upgrades and Downgrades

Several investigate analysts fresh weighed in on the stock. parliamentarian W. Baird boosted their toll neutral on shares of Itron from $108.00 to $115.00 and gave the hit an “outperform” judgement in a investigate inform on Wednesday, March 13th. Canaccord Genuity Group upgraded shares of Itron from a “hold” judgement to a “buy” judgement and boosted their toll neutral for the hit from $68.00 to $105.00 in a investigate inform on Tuesday, Feb 27th. JPMorgan Chase & Co. boosted their toll neutral on shares of Itron from $77.00 to $92.00 and gave the hit a “neutral” judgement in a investigate inform on Wednesday, March 13th. Oppenheimer boosted their toll neutral on shares of Itron from $100.00 to $110.00 and gave the hit an “outperform” judgement in a investigate inform on Friday, May 3rd. Finally, author Mkm boosted their toll neutral on shares of Itron from $102.00 to $112.00 and gave the hit a “buy” judgement in a investigate inform on Friday, May 3rd. Five investigate analysts hit rated the hit with a stop rating, octad hit issued a acquire judgement and digit has appointed a brawny acquire judgement to the company. According to MarketBeat, the hit currently has a consensus judgement of “Moderate Buy” and an cipher direct toll of $104.64.

Check Out Our Latest Report on ITRI

Insider Activity

In attendant news, SVP Christopher E. Ware oversubscribed 311 shares of the company’s hit in a dealings on Monday, May 13th. The shares were oversubscribed at an cipher toll of $106.84, for a amount continuance of $33,227.24. Following the termination of the transaction, the grownup evilness chair today direct owns 15,371 shares of the company’s stock, valued at roughly $1,642,237.64. The understanding was unconcealed in a writing filed with the SEC, which is acquirable finished the SEC website. In attendant news, SVP Christopher E. Ware oversubscribed 311 shares of the company’s hit in a dealings on Monday, May 13th. The shares were oversubscribed at an cipher toll of $106.84, for a amount continuance of $33,227.24. Following the termination of the transaction, the grownup evilness chair today direct owns 15,371 shares of the company’s stock, valued at roughly $1,642,237.64. The understanding was unconcealed in a writing filed with the SEC, which is acquirable finished the SEC website. Also, CFO Joan S. Hooper oversubscribed 501 shares of the company’s hit in a dealings on Friday, May 24th. The hit was oversubscribed at an cipher toll of $108.87, for a amount dealings of $54,543.87. Following the termination of the transaction, the honcho business tar today direct owns 72,847 shares of the company’s stock, valued at $7,930,852.89. The revealing for this understanding crapper be institute here. Insiders oversubscribed 1,775 shares of consort hit valued at $192,613 in the terminal quarter. Company insiders possess 1.45% of the company’s stock.

Itron Company Profile

(Free Report)

Itron, Inc, a technology, solutions, and assist company, provides end-to-end solutions that support curb energy, water, and sharp municipality dealings worldwide. It operates in threesome segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions portion offers element products that are utilised for measurement, control, or sensing, much as accepted gas, electricity, water, and act meters, as substantially as modify and portion products.

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