LantronixLTRX
Market Cap: 144M
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
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
8 Wall Street Analysts provided 1 year price forecasts over the past 6 months
8 analyst ratings
Roth MKM Scott Searle | 134%upside $9 | Buy Maintained | 17 Jun 2024 |
Craig-Hallum Christian Schwab | 56%upside $6 | Buy Maintained | 30 Apr 2024 |
Lake Street Jaeson Schmidt | 82%upside $7 | Buy Maintained | 30 Apr 2024 |
Roth MKM Scott Searle | 134%upside $9 | Buy Maintained | 30 Apr 2024 |
Needham Ryan Koontz | 82%upside $7 | Buy Reiterated | 30 Apr 2024 |
Financial journalist opinion
Based on 5 articles about LTRX published over the past 30 days