Iteris’ (ITI) “Neutral” Rating Reiterated at B. Riley

B. Riley reiterated their neutral rating on shares of Iteris (NASDAQ:ITI) in a research report released on Wednesday, Marketbeat Ratings reports. The firm currently has a $7.20 target price on the technology company’s stock, down from their prior target price of $8.00. B. Riley also issued estimates for Iteris’ Q3 2025 earnings at $0.07 EPS and Q4 2025 earnings at $0.07 EPS.

ITI has been the subject of several other research reports. StockNews.com began coverage on Iteris in a research report on Tuesday. They issued a buy rating for the company. Maxim Group reaffirmed a hold rating on shares of Iteris in a report on Monday, August 12th. Finally, Northland Capmk lowered shares of Iteris from a strong-buy rating to a hold rating in a research note on Friday, August 9th.

Iteris Stock Performance

Shares of ITI stock opened at $7.08 on Wednesday. The stock has a market capitalization of $304.26 million, a price-to-earnings ratio of 101.14 and a beta of 0.83. Iteris has a one year low of $3.97 and a one year high of $7.11. The company’s 50-day simple moving average is $5.02 and its 200-day simple moving average is $4.85.

Insider Buying and Selling

In related news, major shareholder Samjo Management, Llc sold 848,300 shares of the company’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $6.99, for a total transaction of $5,929,617.00. Following the completion of the transaction, the insider now directly owns 4,165,000 shares in the company, valued at approximately $29,113,350. The sale was disclosed in a document filed with the SEC, which is available through this link. In the last 90 days, insiders have sold 2,050,885 shares of company stock valued at $14,340,733. Insiders own 7.40% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Iteris by 1.7% during the first quarter. Vanguard Group Inc. now owns 2,454,413 shares of the technology company’s stock worth $12,125,000 after buying an additional 41,618 shares during the period. Private Management Group Inc. raised its stake in Iteris by 13.3% during the 2nd quarter. Private Management Group Inc. now owns 1,626,954 shares of the technology company’s stock valued at $7,045,000 after acquiring an additional 191,511 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Iteris by 4.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,103,776 shares of the technology company’s stock worth $4,779,000 after acquiring an additional 43,493 shares during the period. First Eagle Investment Management LLC grew its stake in shares of Iteris by 3.7% in the second quarter. First Eagle Investment Management LLC now owns 515,381 shares of the technology company’s stock worth $2,232,000 after purchasing an additional 18,289 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Iteris by 24.2% during the second quarter. Renaissance Technologies LLC now owns 375,885 shares of the technology company’s stock valued at $1,628,000 after purchasing an additional 73,300 shares during the period. Institutional investors own 51.16% of the company’s stock.

About Iteris

Iteris, Inc provides intelligent transportation systems technology solutions in North America, Europe, South America, and Asia. The company offers smart mobility infrastructure solutions include traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, transportation-related data sets, advanced sensing devices, managed services, traffic engineering services, and mobility consulting services.