Itron New Stake: Campbell & CO Invests $1.3M

Snack-Sized Version:

Campbell & CO Investment Adviser LLC acquired a new stake in Itron, Inc. The firm invested $1.30 million in the company during the third quarter. This move shows new institutional interest in Itron. Consequently, it can be seen as a vote of confidence in the company’s strategy. Investors often monitor such purchases by professional money managers. Therefore, this filing provides a notable signal about how some institutions view the stock’s potential. It ultimately highlights growing conviction from a new investor.

Read the Full Meal:

Campbell & CO Investment Adviser LLC has taken a new position in Itron. The investment adviser bought a $1.30 million stake during the third quarter. This information comes from a recent company filing. As a result, this purchase marks a new institutional investor for Itron. Such investments are often watched closely by the market. Because they can indicate a firm’s belief in a stock’s future prospects. Overall, the move by Campbell & CO provides a bullish signal for Itron shares.

Campbell & CO Takes New Position in Itron

• The Investment: Campbell & CO Investment Adviser LLC acquired a new stake in the company.
• The Timing: The firm made the purchase during the third quarter, according to its filing.

Why this can matter for NASDAQ:ITRI holders

• Investor Confidence: This new investment signals positive sentiment from an institutional money manager.
• Market Signal: Purchases by investment firms can indicate a belief in the company’s long-term value.

For more details, see ITRI SEC filings.

What to watch next

1. Institutional Filings: Investors will watch for the next round of 13F filings to see broader institutional trends.
2. Company Performance: Look for Itron’s next earnings report to understand the company’s fundamental health.

Mini FAQ

What action did Campbell & CO take regarding Itron?
Campbell & CO Investment Adviser LLC bought a new stake in Itron. In addition, the filing shows the purchase was for $1.30 million during the third quarter.

Why is this institutional purchase significant for investors?
Because it signals new confidence from a professional money manager. Therefore, some investors view this as a positive indicator for the stock’s future.

What should investors watch for next?
First, investors can watch for more institutional filings to spot trends. Then, they should review Itron’s upcoming earnings reports for business performance updates.

See Also

• Itron Inc. News Hub
• CF Industries Insider Transactions Reported
• Wayfair Google Partnership Boosts Stock