Christopher E. Ware, Senior Vice President, General Counsel & Corporate Secretary of Itron, Inc. (NASDAQ:ITRI), sold 189 shares of common stock on May 20, 2026. The transaction totaled $15,043.
Shares were sold at $79.5976 each. This automatic sale covered tax withholding obligations from a restricted stock unit vesting. The transaction occurred near the stock's 52-week low of $77.77, but shares have since rebounded to $82.31.
According to Bond.az analysis, ITRI appears undervalued at current levels, trading at a P/E ratio of 13.12. Following this sale, Mr. Ware directly owns 30,506 shares.
In other news, Itron reported Q1 2026 earnings per share of $1.49, beating the $1.23 consensus. Revenue reached $587 million, exceeding the $572.09 million forecast. Despite this, shares fell in pre-market trading. Roth/MKM lowered its price target from $150 to $136 but maintained a Buy rating.
