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 Q3 regulatory filings by fund managers ($100M+ AUM)
84% more call options, than puts
Call options by funds: $35K | Put options by funds: $19K
42% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 19
19% more capital invested
Capital invested by funds: $43.7M [Q2] → $51.8M (+$8.14M) [Q3]
1% more funds holding
Funds holding: 79 [Q2] → 80 (+1) [Q3]
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
0.46% more ownership
Funds ownership: 32.73% [Q2] → 33.18% (+0.46%) [Q3]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Canaccord Genuity Michael Walkley 79% 1-year accuracy 11 / 14 met price target | 75%upside $5 | Buy Maintained | 12 Nov 2024 |
Needham Ryan Koontz 56% 1-year accuracy 46 / 82 met price target | 92%upside $5.50 | Buy Maintained | 11 Nov 2024 |
Canaccord Genuity Michael Walkley 79% 1-year accuracy 11 / 14 met price target | 162%upside $7.50 | Buy Assumed | 11 Sept 2024 |
Needham Ryan Koontz 56% 1-year accuracy 46 / 82 met price target | 145%upside $7 | Buy Reiterated | 6 Sept 2024 |
Financial journalist opinion
Based on 5 articles about LTRX published over the past 30 days
