Lantronix (NASDAQ:LTRX) Share Price Passes Above 200 Day Moving Average – Here’s Why

Lantronix, Inc. (NASDAQ:LTRX) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-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 traded.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Needham & Company LLC increased their price target on Lantronix from $5.50 to $7.50 and gave the company a “buy” rating in a report on Thursday, November 6th. Wall Street Zen upgraded shares of Lantronix from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Lake Street Capital upped their target price on Lantronix from $6.00 to $8.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lantronix in a report on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Lantronix has an average rating of “Moderate Buy” and a consensus target price of $6.17.

Lantronix Stock Performance

The stock has a market cap of $210.18 million, a price-to-earnings ratio of -19.78 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. The firm has a fifty day moving average of $5.13 and a 200 day moving average of $4.08.

Lantronix (NASDAQ:LTRX) last issued its 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 return on equity of 11.63% and a negative net margin of 8.68%.The business 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 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LTRX. Bailard Inc. purchased a new position in Lantronix during the 3rd quarter valued at about $49,000. R Squared Ltd purchased a new position in shares of Lantronix in the second quarter valued at approximately $32,000. Bridgeway Capital Management LLC acquired a new position in shares of Lantronix in the third quarter valued at approximately $85,000. Squarepoint Ops LLC increased its stake in Lantronix by 52.7% during the 3rd quarter. Squarepoint Ops LLC now owns 19,283 shares of the technology company’s stock worth $88,000 after buying an additional 6,654 shares during the period. Finally, Atria Wealth Solutions Inc. acquired a new stake in Lantronix during the 2nd quarter worth approximately $60,000. 39.38% of the stock is currently owned by institutional investors and hedge funds.

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.