Donald L. Reeves III, Senior Vice President of Outcomes at Itron, Inc. (NASDAQ:ITRI), sold $22,048 worth of company stock on May 20, 2026.
The transaction involved 277 shares sold at $79.5976 each. The shares were automatically sold to cover tax withholding obligations related to the vesting of a restricted stock unit award.
The sale comes as Itron trades near its 52-week low of $77.77, with shares down 29% over the past year. The company has a market cap of $3.65 billion and a P/E ratio of 13.12.
Following this transaction, Mr. Reeves directly holds 29,674 shares of Itron common stock.
Itron reported Q1 2026 results beating expectations, with EPS of $1.49 versus the $1.23 forecast. Revenue reached $587 million, above the $572.09 million estimate. Roth/MKM lowered its price target from $150 to $136 but maintained a Buy rating.
