Itron Inc /wa/ (ITRI) Files Form 4 Insider Selling : Jon E Eliassen Sells 2,000 Shares

Itron Inc /wa/ (ITRI): Jon E Eliassen , Chairman of the Board of Itron Inc /wa/ sold 2,000 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $45.00 per share for a total value of $90,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 23, 2016, Shannon M. Votava (VP/General Counsel/Corp Sec) sold 981 shares at $39.80 per share price.On Feb 19, 2016, Thomas S Glanville (director) sold 2,000 shares at $39.56 per share price.Also, On Apr 30, 2015, Graham M Wilson (director) sold 2,500 shares at $37.44 per share price.On Apr 29, 2015, Philip Mezey (President and CEO) sold 5,000 shares at $37.44 per share price.

Itron: On Tuesday, Jun 7, 2016 heightened volatility was witnessed in Itron which led to swings in the share price. The shares opened for trading at $45.13 and hit $45.59 on the upside , eventually ending the session at $45.17, with a gain of 0.09% or 0.04 points. The heightened volatility saw the trading volume jump to 2,57,765 shares. The 52-week high of the share price is $45.59 and the company has a market cap of $1,712 M . The 52-week low of the share price is at $27.93.

Itron Money Flow Index Chart

Itron Inc. (Itron) is a technology and service company offering metering solutions to electric natural gas and water utilities around the world. The Company provides solutions that measure manage and analyze energy and water use. The Company operates in three segments: Electricity which is the is the supplier of electricity metering solutions including standard meters and advanced and smart metering systems; Gas which is the supplier of gas metering solutions including standard meters and advanced and smart metering systems and Water which is the supplier of standard and advanced water meters and communication modules. Its applications include residential and commercial industrial markets for water and heat. Its services include licensing meter data management and analytics software managed services software-as-service (hosted software) technical support services licensing hardware technology and consulting services.

Leave a Reply

Itron - Is it time to Sell?

Top Brokerage Firms are advising their investors on Itron. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.