Lantronix, Inc. (NASDAQ:LTRX) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Lantronix, Inc. (NASDAQ:LTRX) have been given an average rating of “Moderate Buy” by the five research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating and four have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $7.3750.

Several research analysts have recently issued reports on LTRX shares. Wall Street Zen upgraded Lantronix from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Craig Hallum restated a “buy” rating and set a $10.00 target price on shares of Lantronix in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lantronix in a research note on Thursday, January 22nd. Lake Street Capital lifted their price objective on shares of Lantronix from $6.00 to $8.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Finally, Needham & Company LLC boosted their price objective on shares of Lantronix from $7.50 to $8.50 and gave the company a “buy” rating in a report on Thursday, February 5th.

Insider Buying and Selling at Lantronix

In other news, insider Mathi Gurusamy sold 14,467 shares of the business’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $6.21, for a total value of $89,840.07. Following the completion of the transaction, the insider owned 55,569 shares of the company’s stock, valued at $345,083.49. The trade was a 20.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Soviero Asset Management LP bought a new stake in shares of Lantronix in the third quarter worth about $2,331,000. Nano Cap New Millennium Growth Fund L P bought a new position in Lantronix in the fourth quarter valued at approximately $2,315,000. Arrowstreet Capital Limited Partnership increased its position in shares of Lantronix by 135.5% during the third quarter. Arrowstreet Capital Limited Partnership now owns 669,183 shares of the technology company’s stock worth $3,058,000 after acquiring an additional 385,075 shares in the last quarter. 683 Capital Management LLC bought a new stake in shares of Lantronix during the fourth quarter worth $1,209,000. Finally, Citadel Advisors LLC lifted its position in Lantronix by 1,191.2% in the 3rd quarter. Citadel Advisors LLC now owns 195,583 shares of the technology company’s stock valued at $894,000 after acquiring an additional 180,436 shares in the last quarter. 39.38% of the stock is owned by institutional investors and hedge funds.

Lantronix Trading Up 2.5%

LTRX opened at $5.40 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.75 and a quick ratio of 1.79. The company has a market cap of $214.33 million, a price-to-earnings ratio of -22.50 and a beta of 1.58. The firm has a 50 day simple moving average of $6.00 and a 200 day simple moving average of $5.57. Lantronix has a fifty-two week low of $1.91 and a fifty-two week high of $8.24.

Lantronix (NASDAQ:LTRX) last announced its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. Lantronix had a negative net margin of 7.90% and a negative return on equity of 10.37%. The firm had revenue of $29.77 million for the quarter, compared to analysts’ expectations of $29.94 million. Lantronix has set its Q3 2026 guidance at 0.030-0.060 EPS. On average, sell-side analysts anticipate that Lantronix will post -0.23 earnings per share for the current year.

About Lantronix

Lantronix, Inc is a provider of secure data access and management solutions designed to simplify the deployment, monitoring and control of devices and equipment across a wide range of industries. Headquartered in Irvine, California, the company develops hardware and software products that enable connectivity for smart devices, industrial machinery, IT infrastructure and other systems in the Internet of Things (IoT) ecosystem.

Founded in 1989, Lantronix was among the early innovators in serial-to-Ethernet device networking and has since expanded its portfolio to include secure console servers, device servers, gateways and embedded modules.