$ITRI

Patrick Justin K sold $18K of ITRI

Patrick Justin K (SVP, Device Solutions) sold 216 shares of ITRON, INC. (ITRI) at $84.37 on 2026-05-26.

Original reporting
SEC EDGAR · Patrick Justin K
Published May 27, 2026, 9:44 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai May 27, 2026, 9:46 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefInsider activity
Primary signal
$ITRI
Neutral
high confidence
Mentioned
$ITRI
Relevance
6/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$ITRINeutralLow
01

Why it matters

Because the disclosure lacks any accompanying business update, the trading impact is mainly sentiment/positioning rather than a fundamental re-rating.

02

Market read

Traders may briefly reassess sentiment around ITRI, but the filing alone is unlikely to drive sustained repricing.

03

What to watch

No 10b5-1 plan is cited, but the transaction size is small relative to typical institutional flows, reducing interpretive power.

Relevance 6/10Timing: Immediate (filed 2026-05-27) but effect, if any, is usually short-lived.

Background

SEC Form 4 reports insider transactions; this one is an open-market sale by an ITRI officer (SVP, Device Solutions).

Company-level read

Ticker impact

$ITRINeutralHigh confidence
Context

ITRI disclosed an officer (SVP, Device Solutions) open-market sale of 216 shares on 2026-05-26 via SEC Form 4.

Expected impact

Likely limited near-term impact; any move would be more sentiment-driven than fundamentals-driven.

Evidence & confidence

The filing is an insider transaction (Form 4) with a modest $18.2K value and no stated 10b5-1 plan, but it does not include operational or financial news.

Market effects

Minimal; this is company-specific insider activity without sector-wide catalyst.

None indicated.

None indicated.

Counterpoint

The sale may reflect diversification, taxes, or routine liquidity needs rather than negative expectations.

Key entities

  • ITRON, INC.

    Issuer of the reported Form 4 insider sale by an officer.

  • Patrick Justin K

    SVP, Device Solutions; sold 216 shares for ~$18.2K on 2026-05-26.

Related articles

$ITRIMedAI 8/10

Why Shares of Itron Stock Jumped 17.4% This Week

Itron shares rose about 17% this week after the company reported strong Q2 results and raised full-year guidance, according to S&P Global Market Intelligence. Itron posted non-GAAP EPS of $1.59 versus $1.29 expected and cited demand for grid stability tied to AI infrastructure build-out. Full-year EPS guidance was raised to $6.40 at the midpoint.

$ITRIMed

Why Shares of Itron Stock Jumped 17.4% This Week

Itron (NASDAQ: ITRI) shares rose about 17.4% this week, after the utility technology company reported strong Q2 results and raised full-year guidance, according to S&P Global Market Intelligence. Non-GAAP EPS was $1.59 versus $1.29 expected. Full-year EPS guidance was raised to $6.40 at the midpoint.

$ITRIMedAI 8/10

Itron Q2 Earnings Call Highlights

Itron (NASDAQ:ITRI) reported Q2 GAAP net income of $53M, or $1.19/diluted share, versus $68M a year earlier. Non-GAAP operating income rose 8% to $89M and adjusted EBITDA rose 8% to $97M. Q2 revenue by segment: Device Solutions $111M, Networked Solutions $339M, Outcomes $96M, Resiliency Solutions about $16M. Free cash flow was $81M. Backlog was $4.4B. Itron raised full-year non-GAAP EPS to $6.30-$6.50 and narrowed revenue to $2.37B-$2.41B.

$ITRIMedAI 8/10

Why Itron Stock Soared 26% Higher Today

Itron reported Q2 revenue of $563 million, down 7% year over year, and adjusted net income of $71 million, or $1.59 per share, down from $75 million. Revenue guidance was narrowed to $2.37B-$2.41B, while adjusted EPS guidance rose to $6.30-$6.50. Shares jumped about 26% after the earnings report, according to the article.