This insider cluster is routine and non-informative. The sales are small in dollar terms and likely driven by option exercises and tax withholding. Monitor the next 10-Q for any guidance changes, but this filing alone does not warrant a bearish read-through. The strong historical performance of prior neutral calls on ITRI (avg T+20 alpha +5.16%) suggests the stock tends to drift upward regardless of such noise.
Price Chart
Executive Summary
Seven Itron insiders, including the CEO and CFO, sold shares in a cluster on August 20, 2026, totaling approximately $225K in open-market sales. The CFO also exercised stock options (non-cash) and sold a larger block of shares ($400K) on the same day. While the cluster involves multiple C-suite executives, the total dollar value is only ~0.005% of Itron's $4.4B market cap, making it a trivial, routine event. The sales are likely liquidity-driven, tied to option exercises and vesting schedules, and carry no material bearish signal.
Key Financial Metrics
Key Facts
- Seven insiders sold shares on August 20, 2026, including CEO Thomas Deitrich ($77K), CFO Joan Hooper ($36K + $400K from a separate trade), and five other SVPs.
- Total open-market sales in the cluster are approximately $225K, representing ~0.005% of Itron's $4.4B market cap.
- CFO Joan Hooper also exercised stock options (non-cash) for 10,203 shares on August 20, 2026, with a portion sold to cover taxes and a portion sold for cash.
- The cluster is concentrated on a single day (Aug 20), suggesting a common blackout-window opening or vesting date rather than coordinated bearish sentiment.
- No open-market purchases were made by any insider in this cluster.
- The company has a strong analyst consensus (81% bullish) and strong historical performance on prior reports (avg T+20 alpha +5.16%).
Financial Impact
Total insider sales of ~$225K, negligible relative to $4.4B market cap.
Risk Factors
- Insider sales could be misinterpreted as bearish by the market, but the dollar amounts are too small to matter.
- No material risk identified from this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ITRI-1787645297407 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 26, 2026 5w ago | Insider Cluster | $98.86 $92.43 | ▼ −6.50% | ▼ −7.71% | $86.51 (−12.49%) |
Aug 25, 2026 5w ago | Insider Cluster | $98.86 $92.43 | ▼ −6.50% | ▼ −7.71% | $86.51 (−12.49%) |
Aug 25, 2026 5w ago | Insider Cluster | $98.86 $92.43 | ▼ −6.50% | ▼ −7.71% | $86.51 (−12.49%) |
Aug 24, 2026 5w ago | Insider Cluster | $98.69 $92.43 | ▼ −6.34% | ▼ −6.36% | $86.51 (−12.34%) |
Aug 24, 2026 5w ago | Insider Cluster | $98.69 $92.43 | ▼ −6.34% | ▼ −6.36% | $86.51 (−12.34%) |
Aug 24, 2026 5w ago | Insider Cluster | $98.69 $92.43 | ▼ −6.34% | ▼ −6.36% | $86.51 (−12.34%) |
Jul 28, 2026 9w ago | Press Release | $107.02 $98.73 | ▼ −7.75% | ▼ −11.13% | $86.51 (−19.16%) |
Jul 9, 2026 12w ago | Institutional Cluster | $84.99 $102.82 | ▲ +20.98% | ▲ +18.74% | $86.51 (+1.79%) |
Jun 16, 2026 15w ago | Press Release | $81.10 $83.46 | ▲ +2.91% | ▲ +2.71% | $86.51 (+6.67%) |
Jun 4, 2026 17w ago | Insider Cluster | $81.05 $85.11 | ▲ +5.01% | ▲ +6.38% | $86.51 (+6.74%) |
US Market Status
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