Jeremy Whitaker Sells 2,479 Shares of Lantronix, Inc. (NASDAQ:LTRX) Stock

Lantronix, Inc. (NASDAQ:LTRXGet Rating) CFO Jeremy Whitaker sold 2,479 shares of the stock in a transaction on Monday, September 19th. The shares were sold at an average price of $5.16, for a total value of $12,791.64. Following the completion of the transaction, the chief financial officer now owns 236,494 shares in the company, valued at $1,220,309.04. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Jeremy Whitaker also recently made the following trade(s):

  • On Friday, September 16th, Jeremy Whitaker sold 2,479 shares of Lantronix stock. The shares were sold at an average price of $5.23, for a total value of $12,965.17.
  • On Wednesday, September 14th, Jeremy Whitaker sold 2,406 shares of Lantronix stock. The shares were sold at an average price of $5.63, for a total value of $13,545.78.
  • On Monday, September 12th, Jeremy Whitaker sold 2,407 shares of Lantronix stock. The shares were sold at an average price of $5.71, for a total value of $13,743.97.
  • On Friday, September 9th, Jeremy Whitaker sold 2,406 shares of Lantronix stock. The shares were sold at an average price of $5.82, for a total value of $14,002.92.
  • On Wednesday, September 7th, Jeremy Whitaker sold 2,407 shares of Lantronix stock. The shares were sold at an average price of $6.05, for a total value of $14,562.35.
  • On Wednesday, August 31st, Jeremy Whitaker sold 3,364 shares of Lantronix stock. The shares were sold at an average price of $6.19, for a total value of $20,823.16.
  • On Monday, August 29th, Jeremy Whitaker sold 3,364 shares of Lantronix stock. The shares were sold at an average price of $6.51, for a total value of $21,899.64.

Lantronix Stock Performance

LTRX stock opened at $5.10 on Wednesday. The business’s fifty day moving average is $6.41 and its 200-day moving average is $6.08. The company has a quick ratio of 1.47, a current ratio of 2.53 and a debt-to-equity ratio of 0.18. The company has a market cap of $179.21 million, a P/E ratio of -28.33 and a beta of 2.30. Lantronix, Inc. has a twelve month low of $4.65 and a twelve month high of $10.25.

Lantronix (NASDAQ:LTRXGet Rating) last posted its quarterly earnings results on Thursday, August 25th. The technology company reported $0.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.08. Lantronix had a negative return on equity of 7.74% and a negative net margin of 4.14%. During the same period in the prior year, the company posted ($0.04) EPS. Equities research analysts forecast that Lantronix, Inc. will post 0.07 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. UBS Group AG raised its stake in Lantronix by 95.1% during the 1st quarter. UBS Group AG now owns 3,901 shares of the technology company’s stock worth $26,000 after buying an additional 1,901 shares during the period. Royal Bank of Canada raised its stake in Lantronix by 2,730.4% during the 1st quarter. Royal Bank of Canada now owns 4,755 shares of the technology company’s stock worth $32,000 after buying an additional 4,587 shares during the period. O Shaughnessy Asset Management LLC raised its stake in Lantronix by 20.2% during the 2nd quarter. O Shaughnessy Asset Management LLC now owns 13,031 shares of the technology company’s stock worth $70,000 after buying an additional 2,188 shares during the period. Mirabella Financial Services LLP acquired a new stake in Lantronix during the 1st quarter worth $77,000. Finally, White Pine Capital LLC acquired a new stake in Lantronix during the 1st quarter worth $80,000. Institutional investors and hedge funds own 33.62% of the company’s stock.

Lantronix Company Profile

(Get Rating)

Lantronix, Inc provides software as a service (SaaS), engineering services, and hardware for edge computing, the Internet of Things (IoT), and remote environment management (REM) in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT Connectivity, 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; IoT Compute, 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 IoT Telematics, which provides power efficient products designed to support communications across interfaces and industrial protocols for vehicle, fleet, and asset tracking and management.

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Insider Buying and Selling by Quarter for Lantronix (NASDAQ:LTRX)

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