Lantronix (NASDAQ:LTRX) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Lantronix, Inc. (NASDAQ:LTRX) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.78 and traded as high as $6.46. Lantronix shares last traded at $6.35, with a volume of 698,411 shares changing hands.

Analysts Set New Price Targets

Several analysts have commented on the stock. Wall Street Zen cut shares of Lantronix from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 19th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lantronix in a research note on Thursday. Needham & Company LLC increased their target price on Lantronix from $5.50 to $7.50 and gave the company a “buy” rating in a research note on Thursday, November 6th. Finally, Lake Street Capital raised 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. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $6.17.

Lantronix Trading Up 0.6%

The company has a current ratio of 3.01, a quick ratio of 1.93 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $249.94 million, a P/E ratio of -23.52 and a beta of 1.50. The business has a 50 day moving average of $5.79 and a 200-day moving average of $4.78.

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

Hedge Funds Weigh In On Lantronix

A number of large investors have recently bought and sold shares of the company. Soviero Asset Management LP acquired a new stake in shares of Lantronix in the third quarter valued at approximately $2,331,000. Arrowstreet Capital Limited Partnership boosted its holdings in Lantronix by 135.5% during the third quarter. Arrowstreet Capital Limited Partnership now owns 669,183 shares of the technology company’s stock worth $3,058,000 after purchasing an additional 385,075 shares during the last quarter. Citadel Advisors LLC grew its position 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 in the last quarter. UBS Group AG increased its stake in Lantronix by 7,023.2% in the 3rd quarter. UBS Group AG now owns 127,576 shares of the technology company’s stock valued at $583,000 after buying an additional 125,785 shares during the last quarter. Finally, Millennium Management LLC acquired a new stake in Lantronix in the 3rd quarter valued at $564,000. Institutional investors and hedge funds own 39.38% of the company’s stock.

About Lantronix

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.