Key Points
- Insider sale: Mathi Gurusamy sold 14,467 shares on March 13 at an average price of $6.21 for $89,840.07, reducing his stake by 20.66% to 55,569 shares (about $345,083).
- Stock snapshot: LTRX opened at $6.32, with a 50‑day/200‑day moving average of $6.21/$5.46, a market cap of $250.85 million and a 12‑month range of $1.91 to $8.24.
- Outlook and analyst view: Analysts give a consensus "Moderate Buy" with an average target of $7.38 (four Buys, one Sell); the company beat quarterly EPS estimates ($0.04 vs. $0.03) but is expected to post -$0.23 for the fiscal year while guiding Q3 2026 EPS to $0.030–0.060.
Lantronix, Inc. (NASDAQ:LTRX - Get Free Report) insider Mathi Gurusamy sold 14,467 shares of the business's stock in a transaction on Friday, March 13th. The stock was sold at an average price of $6.21, for a total value of $89,840.07. Following the completion of the transaction, the insider directly owned 55,569 shares in the company, valued at approximately $345,083.49. This represents a 20.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Lantronix Stock Performance
Lantronix stock opened at $6.32 on Friday. The stock has a 50-day simple moving average of $6.21 and a 200 day simple moving average of $5.46. The stock has a market capitalization of $250.85 million, a price-to-earnings ratio of -26.33 and a beta of 1.53. The company has a quick ratio of 1.79, a current ratio of 2.75 and a debt-to-equity ratio of 0.13. Lantronix, Inc. has a 12-month low of $1.91 and a 12-month high of $8.24.
Lantronix (NASDAQ:LTRX - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.04 earnings per share for the quarter, beating the consensus estimate 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 during 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, research analysts anticipate that Lantronix, Inc. will post -0.23 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several research firms recently weighed in on LTRX. Weiss Ratings restated a "sell (d-)" rating on shares of Lantronix in a research report on Thursday, January 22nd. Needham & Company LLC increased their price objective on Lantronix from $7.50 to $8.50 and gave the company a "buy" rating in a research report on Thursday, February 5th. Lake Street Capital lifted their target price on Lantronix from $6.00 to $8.00 and gave the company a "buy" rating in a research note on Thursday, December 11th. Craig Hallum restated a "buy" rating and set a $10.00 target price on shares of Lantronix in a research report on Thursday, February 5th. Finally, Wall Street Zen raised Lantronix from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 7th. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Lantronix presently has a consensus rating of "Moderate Buy" and an average price target of $7.38.
Read Our Latest Stock Analysis on LTRX
Institutional Trading of Lantronix
A number of hedge funds have recently modified their holdings of the company. Invesco Ltd. bought a new position in Lantronix during the 4th quarter worth approximately $68,000. Occudo Quantitative Strategies LP increased its stake in Lantronix by 79.8% in the fourth quarter. Occudo Quantitative Strategies LP now owns 47,227 shares of the technology company's stock valued at $277,000 after purchasing an additional 20,965 shares in the last quarter. Millennium Management LLC raised its holdings in Lantronix by 121.0% in the fourth quarter. Millennium Management LLC now owns 272,512 shares of the technology company's stock worth $1,597,000 after purchasing an additional 149,194 shares during the period. Engineers Gate Manager LP raised its holdings in Lantronix by 79.1% in the fourth quarter. Engineers Gate Manager LP now owns 20,964 shares of the technology company's stock worth $123,000 after purchasing an additional 9,256 shares during the period. Finally, Balyasny Asset Management L.P. bought a new position in shares of Lantronix during the fourth quarter worth $86,000. 39.38% of the stock is currently owned by institutional investors and hedge funds.
Lantronix Company Profile
(
Get Free Report)
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.
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