Herald Investment Management Ltd Decreases Stake in Lantronix, Inc. $LTRX

Herald Investment Management Ltd cut its position in Lantronix, Inc. (NASDAQ:LTRX) by 55.6% during the third quarter, HoldingsChannel reports. The firm owned 400,000 shares of the technology company’s stock after selling 500,000 shares during the quarter. Herald Investment Management Ltd’s holdings in Lantronix were worth $1,824,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. R Squared Ltd purchased a new position in Lantronix in the second quarter valued at $32,000. Bailard Inc. acquired a new position in Lantronix in the third quarter valued at approximately $49,000. Atria Wealth Solutions Inc. acquired a new position in Lantronix in the second quarter valued at approximately $60,000. XTX Topco Ltd purchased a new position in Lantronix in the second quarter valued at approximately $86,000. Finally, Accel Wealth Management purchased a new stake in shares of Lantronix during the 3rd quarter worth approximately $111,000. Institutional investors and hedge funds own 39.38% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on LTRX shares. Wall Street Zen upgraded shares of Lantronix from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lantronix in a research report on Thursday, January 22nd. Craig Hallum reissued a “buy” rating and issued a $10.00 target price on shares of Lantronix in a research report on Thursday, February 5th. Lake Street Capital lifted their price target on Lantronix from $6.00 to $8.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Finally, Needham & Company LLC boosted their price objective on Lantronix from $7.50 to $8.50 and gave the company a “buy” rating in a research note on Thursday, February 5th. Four research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $7.38.

Lantronix Price Performance

Lantronix stock opened at $5.48 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.75 and a quick ratio of 1.79. The business has a 50 day simple moving average of $6.16 and a 200-day simple moving average of $5.08. Lantronix, Inc. has a 12 month low of $1.91 and a 12 month high of $8.24. The stock has a market capitalization of $217.50 million, a PE ratio of -22.83 and a beta of 1.51.

Lantronix (NASDAQ:LTRX) last released its earnings results on Wednesday, February 4th. The technology company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The company had revenue of $29.77 million during the quarter, compared to analysts’ expectations of $29.94 million. Lantronix had a negative net margin of 7.90% and a negative return on equity of 10.37%. Lantronix has set its Q3 2026 guidance at 0.030-0.060 EPS. Equities analysts predict that Lantronix, Inc. will post -0.23 earnings per share for the current year.

Lantronix Company Profile

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.