LantronixLTRX
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: Embedded IoT Solutions, IoT Systems Solutions, and Software and Services. The IoT System Solutions 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 Q2 SEC filings by fund managers ($100M+ AUM)
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
4.73% less ownership
Funds ownership: 37.4% [Q1] → 32.67% (-4.73%) [Q2]
8% less funds holding
Funds holding: 86 [Q1] → 79 (-7) [Q2]
13% less capital invested
Capital invested by funds: $49.9M [Q1] → $43.6M (-$6.31M) [Q2]
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
86% less call options, than puts
Call options by funds: $2K | Put options by funds: $14K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Canaccord Genuity Michael Walkley 69% 1-year accuracy 9 / 13 met price target | 81%upside $7.50 | Buy Assumed | 11 Sept 2024 |
Needham Ryan Koontz 65% 1-year accuracy 43 / 66 met price target | 69%upside $7 | Buy Reiterated | 6 Sept 2024 |
Financial journalist opinion
Based on 4 articles about LTRX published over the past 30 days