Itron appointed Sheri Savage as a board director, bringing extensive finance experience to the company.
Quiver AI Summary
Itron, Inc. has appointed Sheri Savage, the CFO and senior vice president of finance at Ultra Clean Holdings, to its board of directors, effective August 11, 2025. Savage brings over 30 years of financial experience, having played a key role in UCT's significant revenue and earnings growth since becoming CFO in 2016. Her background includes various leadership positions at UCT, as well as roles at Credence Systems Corporation, Protiviti, and KLA-Tencor Corporation. Itron's board chair, Diana Tremblay, emphasized Savage's strategic financial leadership and expertise as valuable assets for the company. Savage expressed her honor in joining the board and her commitment to advancing Itron's strategy and enhancing shareholder value. Itron focuses on innovating ways for utilities and cities to manage energy and water services more efficiently.
Potential Positives
- Appointment of Sheri Savage to the board of directors adds significant financial expertise, strengthening Itron's leadership.
- Sheridan Savage's track record of leading revenue and earnings growth at Ultra Clean Holdings indicates her potential to positively impact Itron's business strategy.
- Increased capability in financial planning, analysis, and investor relations may enhance Itron's shareholder value and overall strategic direction.
Potential Negatives
- None
FAQ
Who has been appointed to Itron's board of directors?
Sheri Savage, senior vice president of finance and CFO at Ultra Clean Holdings, has been appointed effective Aug. 11, 2025.
What is Sheri Savage's background in finance?
Sheri Savage has over 30 years of finance experience, including leadership roles at Ultra Clean Holdings and Credence Systems Corporation.
Why was Sheri Savage chosen for Itron's board?
Her strategic financial leadership and extensive experience in public company finance make her an ideal candidate for Itron’s board.
What is Itron's mission?
Itron is focused on transforming the management of energy, water, and city services through intelligent infrastructure solutions.
How can I contact Itron for more information?
For additional information, contact Paul Vincent, Vice President of Investor Relations, at [email protected].
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ITRI Insider Trading Activity
$ITRI insiders have traded $ITRI stock on the open market 41 times in the past 6 months. Of those trades, 0 have been purchases and 41 have been sales.
Here’s a breakdown of recent trading of $ITRI stock by insiders over the last 6 months:
- THOMAS DEITRICH (President & CEO) has made 0 purchases and 6 sales selling 73,412 shares for an estimated $7,965,184.
- JOHN F. MARCOLINI (SVP, Networked Solutions) has made 0 purchases and 6 sales selling 16,810 shares for an estimated $1,868,423.
- JOAN S HOOPER (SVP & CFO) has made 0 purchases and 4 sales selling 14,280 shares for an estimated $1,404,732.
- JUSTIN K PATRICK (SVP, Device Solutions) has made 0 purchases and 5 sales selling 12,029 shares for an estimated $1,396,909.
- DONALD L. III REEVES (SVP, Outcomes) has made 0 purchases and 5 sales selling 8,555 shares for an estimated $871,149.
- MARY C. HEMMINGSEN has made 0 purchases and 3 sales selling 5,900 shares for an estimated $640,272.
- CHRISTOPHER E. WARE (SVP, GC & Corp. Secretary) has made 0 purchases and 4 sales selling 1,506 shares for an estimated $155,446.
- LAURIE ANN PULATIE-HAHN (SVP, HR) has made 0 purchases and 5 sales selling 1,018 shares for an estimated $103,308.
- DAVID MARSHALL WRIGHT (VP, Corp. Controller & CAO) has made 0 purchases and 3 sales selling 634 shares for an estimated $63,200.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ITRI Hedge Fund Activity
We have seen 238 institutional investors add shares of $ITRI stock to their portfolio, and 237 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- IMPAX ASSET MANAGEMENT GROUP PLC added 698,910 shares (+inf%) to their portfolio in Q2 2025, for an estimated $91,997,523
- MILLENNIUM MANAGEMENT LLC added 420,978 shares (+145.3%) to their portfolio in Q1 2025, for an estimated $44,101,655
- LORD, ABBETT & CO. LLC removed 390,527 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $40,911,608
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 342,427 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $35,872,652
- BLACKROCK, INC. removed 293,119 shares (-4.1%) from their portfolio in Q2 2025, for an estimated $38,583,253
- AMERICAN CENTURY COMPANIES INC added 267,847 shares (+inf%) to their portfolio in Q2 2025, for an estimated $35,256,700
- BOWEN HANES & CO INC removed 253,140 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $26,518,946
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ITRI Analyst Ratings
Wall Street analysts have issued reports on $ITRI in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 07/31/2025
- Roth Capital issued a "Buy" rating on 07/22/2025
- Guggenheim issued a "Buy" rating on 04/17/2025
- Canaccord Genuity issued a "Buy" rating on 02/26/2025
- Oppenheimer issued a "Outperform" rating on 02/26/2025
To track analyst ratings and price targets for $ITRI, check out Quiver Quantitative's $ITRI forecast page.
$ITRI Price Targets
Multiple analysts have issued price targets for $ITRI recently. We have seen 6 analysts offer price targets for $ITRI in the last 6 months, with a median target of $138.5.
Here are some recent targets:
- Mark Strouse from JP Morgan set a target price of $145.0 on 07/31/2025
- Chip Moore from Roth Capital set a target price of $150.0 on 07/22/2025
- Joseph Osha from Guggenheim set a target price of $155.0 on 07/14/2025
- Kashy Harrison from Piper Sandler set a target price of $121.0 on 05/05/2025
- Austin Moeller from Canaccord Genuity set a target price of $132.0 on 02/26/2025
- Noah Kaye from Oppenheimer set a target price of $131.0 on 02/26/2025
Full Release
LIBERTY LAKE, Wash., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced the appointment of Sheri Savage, senior vice president of finance and CFO at Ultra Clean Holdings (UCT), Inc., to its board of directors, effective Aug. 11, 2025.
Savage has more than 30 years of experience in finance, most recently as the head of finance for UCT, a semiconductor capital equipment and manufacturing services provider. She has held multiple leadership roles at UCT since joining the company in 2009. In 2016, she became the CFO and then helped lead the company through an unprecedented period of revenue and earnings growth. Prior to UCT, Savage served as corporate controller and vice president of finance and director of internal audit at Credence Systems Corporation. Before Credence Systems, she held various accounting and finance roles at Protiviti and KLA-Tencor Corporation.
“Sheri’s strategic financial leadership, including extensive experience in accounting, treasury, equity, financial planning and analysis, internal audit, investor relations, and mergers and acquisitions, makes her an ideal candidate for Itron’s board of directors,” said Diana Tremblay, chair of Itron’s board of directors.
“We welcome Sheri to the Itron Board and look forward to collaborating to advance our business strategy and deliver value to our customers and shareholders,” said Tom Deitrich, Itron’s president and chief executive officer. “Sheri’s depth of experience in senior-level public company finance will be an asset to the board.”
“I am honored to join Itron’s board of directors and look forward the opportunity to help advance the company’s strategy, including optimizing shareholder value,” said Savage.
About Itron
Itron is transforming how the world manages energy, water and city services. Our trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, we connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join us as we create a more resourceful world: www.itron.com .
Itron ® and the Itron Logo are trademarks of Itron, Inc. in the United States and other countries and regions. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.
For additional information, contact:
Itron, Inc.
Paul Vincent
Vice President, Investor Relations
512-560-1172
[email protected]
