Lantronix (NASDAQ:LTRX) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Lantronix, Inc. (NASDAQ:LTRX) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.05 and traded as high as $6.34. Lantronix shares last traded at $5.94, with a volume of 300,634 shares.

Analyst Ratings Changes

A number of brokerages recently commented on LTRX. Wall Street Zen upgraded Lantronix from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Lake Street Capital raised their price objective on shares of Lantronix from $6.00 to $8.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings restated a “sell (d-)” rating on shares of Lantronix in a report on Wednesday, October 8th. Finally, Needham & Company LLC increased their target price on shares of Lantronix from $5.50 to $7.50 and gave the stock a “buy” rating in a report on Thursday, November 6th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $6.17.

Lantronix Price Performance

The stock’s 50 day moving average is $5.11 and its two-hundred day moving average is $4.05. The stock has a market capitalization of $233.80 million, a PE ratio of -22.00 and a beta of 1.51. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.01 and a quick ratio of 1.93.

Lantronix (NASDAQ:LTRX) last issued its quarterly earnings results on Wednesday, November 5th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. Lantronix had a negative net margin of 8.68% and a negative return on equity of 11.63%. The company had revenue of $29.79 million during the quarter, compared to the consensus estimate of $29.55 million. Lantronix has set its Q2 2026 guidance at 0.020-0.04 EPS. As a group, sell-side analysts forecast that Lantronix, Inc. will post -0.23 earnings per share for the current fiscal year.

Institutional Trading of Lantronix

Institutional investors have recently bought and sold shares of the business. Qube Research & Technologies Ltd increased its holdings in shares of Lantronix by 76.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 64,019 shares of the technology company’s stock valued at $293,000 after acquiring an additional 27,661 shares during the last quarter. Millennium Management LLC acquired a new position in Lantronix in the third quarter valued at approximately $564,000. Citadel Advisors LLC increased its stake in Lantronix by 1,191.2% in the third quarter. Citadel Advisors LLC now owns 195,583 shares of the technology company’s stock valued at $894,000 after purchasing an additional 180,436 shares during the last quarter. Centiva Capital LP acquired a new stake in Lantronix during the third quarter worth approximately $237,000. Finally, Bank of America Corp DE lifted its position in shares of Lantronix by 2,092.5% during the 3rd quarter. Bank of America Corp DE now owns 29,095 shares of the technology company’s stock worth $133,000 after buying an additional 27,768 shares during the last quarter. 39.38% of the stock is owned by hedge funds and other institutional investors.

About Lantronix

Lantronix, Inc provides solutions for video surveillance, infotainment systems, and intelligent substations infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT System Solutions, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, power for IoT end devices through Power over Ethernet, application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and various other functions; Embedded IoT Modules, such as application processing delivering compute to meet customer needs for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications; and Software and Engineering Services offers SaaS platform that enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login.