Lantronix (NASDAQ:LTRX) Shares Pass Above 200 Day Moving Average – Should You Sell?

Lantronix, Inc. (NASDAQ:LTRX) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.53 and traded as high as $5.74. Lantronix shares last traded at $5.70, with a volume of 517,353 shares changing hands.

Wall Street Analyst Weigh In

LTRX has been the subject of a number of recent research reports. Lake Street Capital upped their target price on Lantronix from $6.00 to $8.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Lantronix in a report on Thursday, January 22nd. Craig Hallum reaffirmed a “buy” rating and issued a $10.00 price objective on shares of Lantronix in a research note on Thursday, February 5th. Needham & Company LLC upped their price objective on Lantronix from $7.50 to $8.50 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen upgraded shares of Lantronix from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $7.38.

Lantronix Stock Performance

The company has a quick ratio of 1.79, a current ratio of 2.75 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $226.23 million, a P/E ratio of -23.75 and a beta of 1.53. The company’s 50 day moving average is $6.18 and its 200-day moving average is $5.53.

Lantronix (NASDAQ:LTRX) last posted its quarterly earnings results 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. The firm had revenue of $29.77 million during the quarter, compared to the consensus estimate of $29.94 million. Lantronix had a negative net margin of 7.90% and a negative return on equity of 10.37%. Lantronix has set its Q3 2026 guidance at 0.030-0.060 EPS. As a group, equities analysts anticipate that Lantronix, Inc. will post -0.23 EPS for the current year.

Insiders Place Their Bets

In other Lantronix news, insider Mathi Gurusamy sold 14,467 shares of the stock in a transaction that occurred 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 transaction, the insider owned 55,569 shares in the company, valued at approximately $345,083.49. This represents a 20.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.40% of the company’s stock.

Hedge Funds Weigh In On Lantronix

A number of institutional investors have recently modified their holdings of LTRX. Bailard Inc. bought a new position in shares of Lantronix in the 3rd quarter worth $49,000. R Squared Ltd raised its holdings in Lantronix by 24.3% during the third quarter. R Squared Ltd now owns 14,073 shares of the technology company’s stock worth $64,000 after buying an additional 2,754 shares during the last quarter. Invesco Ltd. bought a new position in shares of Lantronix in the fourth quarter valued at $68,000. Bridgeway Capital Management LLC bought a new position in shares of Lantronix in the third quarter valued at $85,000. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Lantronix during the fourth quarter valued at about $86,000. 39.38% of the stock is owned by institutional investors and hedge funds.

Lantronix Company Profile

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.