LTRX stock icon

Lantronix
LTRX

$3.52
1.68%
 

About: Lantronix Inc is a networking company. It provides secure data access and management solutions for the Internet of Things (IoT) and information technology assets. It organizes its products and solutions into three product lines named as IoT Solutions, IoT System Solutions, and Software & Services. Embedded IoT solution segment is the key revenue driver for the company. The company serves a diverse range of markets including healthcare, industrial, security, energy, transportation, and government networking. Its primary geographic markets are the Americas, Europe, the Middle East and Africa, and Asia Pacific Japan. The Americas contribute the vast majority of total revenue.

Employees: 348

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 9 analysts
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 9

76% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 17

12% more funds holding

Funds holding: 77 [Q4 2023] → 86 (+9) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

0.5% less ownership

Funds ownership: 37.8% [Q4 2023] → 37.3% (-0.5%) [Q1 2024]

40% less capital invested

Capital invested by funds: $82.6M [Q4 2023] → $49.8M (-$32.8M) [Q1 2024]

Research analyst outlook

9 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$6
70%
upside
Avg. target
$7.72
119%
upside
High target
$9
156%
upside

9 analyst ratings

positive
100%
neutral
0%
negative
0%
Roth MKM
Scott Searle
156%upside
$9
Buy
Maintained
17 Jun 2024
Craig-Hallum
Christian Schwab
70%upside
$6
Buy
Maintained
30 Apr 2024
Lake Street
Jaeson Schmidt
99%upside
$7
Buy
Maintained
30 Apr 2024
Roth MKM
Scott Searle
156%upside
$9
Buy
Maintained
30 Apr 2024
Needham
Ryan Koontz
99%upside
$7
Buy
Reiterated
30 Apr 2024

Financial journalist opinion

Based on 4 articles about LTRX published over the past 30 days