Lantronix, Inc. (NASDAQ:LTRX) Short Interest Update

Lantronix, Inc. (NASDAQ:LTRX) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 474,806 shares, an increase of 60.8% from the November 30th total of 295,267 shares. Currently, 1.2% of the company’s shares are sold short. Based on an average daily volume of 521,476 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 521,476 shares, the short-interest ratio is presently 0.9 days. Currently, 1.2% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on LTRX. Wall Street Zen upgraded shares of Lantronix from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 20th. Needham & Company LLC upped their price target on Lantronix from $5.50 to $7.50 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lantronix in a report on Wednesday, October 8th. Finally, Lake Street Capital raised their price objective on Lantronix from $6.00 to $8.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $6.17.

Institutional Trading of Lantronix

A number of institutional investors have recently made changes to their positions in LTRX. Vanguard Group Inc. grew its stake in shares of Lantronix by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,486,791 shares of the technology company’s stock valued at $6,795,000 after buying an additional 40,890 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in Lantronix by 135.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 669,183 shares of the technology company’s stock valued at $3,058,000 after acquiring an additional 385,075 shares during the last quarter. Soviero Asset Management LP purchased a new position in Lantronix in the third quarter worth approximately $2,331,000. Marshall Wace LLP increased its stake in Lantronix by 10.6% during the second quarter. Marshall Wace LLP now owns 446,164 shares of the technology company’s stock worth $1,280,000 after acquiring an additional 42,838 shares during the last quarter. Finally, AMH Equity Ltd raised its position in Lantronix by 24.5% in the second quarter. AMH Equity Ltd now owns 250,000 shares of the technology company’s stock valued at $718,000 after purchasing an additional 49,219 shares during the period. 39.38% of the stock is owned by institutional investors and hedge funds.

Lantronix Stock Performance

Shares of LTRX stock traded down $0.06 on Monday, hitting $5.74. The company had a trading volume of 131,888 shares, compared to its average volume of 453,128. Lantronix has a twelve month low of $1.91 and a twelve month high of $6.75. The company has a quick ratio of 1.93, a current ratio of 3.01 and a debt-to-equity ratio of 0.14. The firm has a market cap of $225.92 million, a P/E ratio of -21.26 and a beta of 1.51. The company has a 50-day moving average price of $5.23 and a 200-day moving average price of $4.28.

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

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.