Lantronix (NASDAQ:LTRX) Stock Crosses Above 200-Day Moving Average - Here's What Happened

Key Points

• Technical: Shares of Lantronix crossed above its 200‑day moving average ($5.73) on Tuesday, trading as high as $6.51 and last at $6.40 on volume of 356,405 shares.
• Analyst sentiment: The consensus is a "Moderate Buy" with four Buy ratings versus one Sell and a $7.38 average target; Needham raised its target to $8.50 and Craig Hallum set $10 while Weiss kept a "Sell (D-)" view.
• Fundamentals and insider activity: Lantronix beat EPS estimates ($0.04 vs. $0.03) but still shows negative net margin and ROE, guided Q3 2026 EPS of $0.03–$0.06 while analysts expect -0.1 EPS for the year, and an insider recently sold shares (insiders own 2.40%).

Shares of Lantronix, Inc. (NASDAQ:LTRX - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $5.73 and traded as high as $6.51. Lantronix shares last traded at $6.40, with a volume of 356,405 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have recently commented on LTRX. Needham & Company LLC lifted their price target on shares of Lantronix from $7.50 to $8.50 and gave the company a "buy" rating in a research report on Thursday, February 5th. Wall Street Zen raised shares of Lantronix from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 7th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Lantronix in a research report on Tuesday, April 21st. Finally, 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. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $7.38.

Lantronix Trading Down 3.6%

The company has a market cap of $254.02 million, a PE ratio of -26.67 and a beta of 1.58. The company has a quick ratio of 1.79, a current ratio of 2.75 and a debt-to-equity ratio of 0.13. The business has a 50-day simple moving average of $5.91 and a 200-day simple moving average of $5.73.

Lantronix (NASDAQ:LTRX - Get Free Report) last announced its earnings results on Wednesday, February 4th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.01. The company had revenue of $29.77 million for the quarter, compared to analyst estimates of $29.94 million. Lantronix had a negative return on equity of 10.37% and a negative net margin of 7.90%.Lantronix has set its Q3 2026 guidance at 0.030-0.060 EPS. On average, analysts predict that Lantronix, Inc. will post -0.1 EPS for the current fiscal year.

Insider Activity at Lantronix

In other Lantronix news, insider Mathi Gurusamy sold 14,467 shares of the business's stock in a transaction on Friday, March 13th. The shares were sold at an average price of $6.21, for a total value of $89,840.07. Following the completion of the transaction, the insider owned 55,569 shares in the company, valued at $345,083.49. The trade was a 20.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Lantronix

Several institutional investors have recently modified their holdings of LTRX. Soviero Asset Management LP acquired a new position in shares of Lantronix in the third quarter worth $2,331,000. Nano Cap New Millennium Growth Fund L P acquired a new position in shares of Lantronix in the fourth quarter worth $2,315,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Lantronix by 135.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 669,183 shares of the technology company's stock worth $3,058,000 after acquiring an additional 385,075 shares in the last quarter. 683 Capital Management LLC acquired a new position in shares of Lantronix in the fourth quarter worth $1,209,000. Finally, Citadel Advisors LLC grew its stake in shares of Lantronix by 1,191.2% in the third quarter. Citadel Advisors LLC now owns 195,583 shares of the technology company's stock worth $894,000 after acquiring an additional 180,436 shares in the last quarter. Institutional investors and hedge funds own 39.38% of the company's stock.

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.

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