Roger Holliday Sells 2,314 Shares of Lantronix, Inc. (NASDAQ:LTRX) Stock

Lantronix, Inc. (NASDAQ:LTRXGet Rating) VP Roger Holliday sold 2,314 shares of the stock in a transaction that occurred on Monday, September 19th. The shares were sold at an average price of $5.17, for a total transaction of $11,963.38. Following the transaction, the vice president now directly owns 116,234 shares of the company’s stock, valued at $600,929.78. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Roger Holliday also recently made the following trade(s):

  • On Friday, September 16th, Roger Holliday sold 2,314 shares of Lantronix stock. The shares were sold at an average price of $5.23, for a total transaction of $12,102.22.
  • On Wednesday, September 14th, Roger Holliday sold 2,246 shares of Lantronix stock. The shares were sold at an average price of $5.63, for a total transaction of $12,644.98.
  • On Monday, September 12th, Roger Holliday sold 2,246 shares of Lantronix stock. The shares were sold at an average price of $5.72, for a total transaction of $12,847.12.
  • On Friday, September 9th, Roger Holliday sold 2,246 shares of Lantronix stock. The stock was sold at an average price of $5.82, for a total transaction of $13,071.72.
  • On Wednesday, September 7th, Roger Holliday sold 2,246 shares of Lantronix stock. The stock was sold at an average price of $5.85, for a total transaction of $13,139.10.
  • On Wednesday, August 31st, Roger Holliday sold 2,446 shares of Lantronix stock. The stock was sold at an average price of $6.19, for a total transaction of $15,140.74.
  • On Monday, August 29th, Roger Holliday sold 2,447 shares of Lantronix stock. The stock was sold at an average price of $6.51, for a total transaction of $15,929.97.

Lantronix Stock Down 1.0 %

LTRX opened at $5.10 on Wednesday. The company has a 50 day moving average of $6.41 and a 200 day moving average of $6.08. The company has a market cap of $179.21 million, a PE ratio of -28.33 and a beta of 2.30. Lantronix, Inc. has a 12 month low of $4.65 and a 12 month high of $10.25. The company has a current ratio of 2.53, a quick ratio of 1.47 and a debt-to-equity ratio of 0.18.

Lantronix (NASDAQ:LTRXGet Rating) last released its quarterly earnings data on Thursday, August 25th. The technology company reported $0.08 EPS for the quarter, hitting the consensus estimate of $0.08. Lantronix had a negative net margin of 4.14% and a negative return on equity of 7.74%. During the same period in the prior year, the firm posted ($0.04) earnings per share. On average, sell-side analysts expect that Lantronix, Inc. will post 0.07 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Lantronix by 5.5% in the 1st quarter. Vanguard Group Inc. now owns 1,096,276 shares of the technology company’s stock valued at $7,323,000 after purchasing an additional 57,055 shares during the period. Jacob Asset Management of New York LLC boosted its holdings in Lantronix by 55.2% in the 1st quarter. Jacob Asset Management of New York LLC now owns 1,066,879 shares of the technology company’s stock valued at $7,127,000 after purchasing an additional 379,353 shares during the period. RK Capital Management LLC bought a new position in Lantronix in the 1st quarter valued at $6,871,000. Renaissance Technologies LLC boosted its holdings in Lantronix by 22.3% in the 4th quarter. Renaissance Technologies LLC now owns 835,794 shares of the technology company’s stock valued at $6,544,000 after purchasing an additional 152,430 shares during the period. Finally, AWM Investment Company Inc. boosted its holdings in Lantronix by 4.3% in the 2nd quarter. AWM Investment Company Inc. now owns 756,533 shares of the technology company’s stock valued at $4,070,000 after purchasing an additional 31,532 shares during the period. 33.62% of the stock is owned by institutional investors.

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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