Institutional Investors Love Lantronix Inc (NASDAQ:LTRX)

Lantronix, Inc. (NASDAQ:LTRX) Logo

Sentiment for Lantronix Inc (NASDAQ:LTRX)

Lantronix Inc (NASDAQ:LTRX) institutional sentiment increased to 1.25 in Q2 2019. Its up 0.25, from 1 in 2019Q1. The ratio has improved, as 10 hedge funds increased and started new stock positions, while 8 reduced and sold stakes in Lantronix Inc. The hedge funds in our partner’s database now hold: 4.44 million shares, up from 4.02 million shares in 2019Q1. Also, the number of hedge funds holding Lantronix Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 6 Increased: 4 New Position: 6.

Lantronix, Inc. provides secure data access and management solutions for Internet of Things assets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company has market cap of $83.86 million. The companyÂ’s IoT products include IoT gateways, which provide secure connectivity and the ability to add integrated device management and advanced data access features; and IoT building blocks that offer basic secure machine connectivity and unmanaged data access. It currently has negative earnings. It also offers information technology (IT) management products, which comprise console management, power management, and keyboard video mouse products that offer remote access to IT and networking infrastructure deployed in test labs, data centers, and server rooms; and xPrintServer.

The stock increased 0.28% or $0.01 during the last trading session, reaching $3.64. About 7,656 shares traded. Lantronix, Inc. (NASDAQ:LTRX) has risen 29.81% since October 12, 2018 and is uptrending. It has outperformed by 29.81% the S&P500.

Herald Investment Management Ltd holds 0.65% of its portfolio in Lantronix, Inc. for 706,425 shares. Essex Investment Management Co Llc owns 480,322 shares or 0.22% of their US portfolio. Moreover, River & Mercantile Asset Management Llp has 0.22% invested in the company for 480,322 shares. The New York-based Roanoke Asset Management Corp Ny has invested 0.16% in the stock. Cadence Capital Management Llc, a Massachusetts-based fund reported 461,902 shares.

More notable recent Lantronix, Inc. (NASDAQ:LTRX) news were published by: Globenewswire.com which released: “Global IoT Leader Lantronix to Showcase Its Latest Solutions at Ingram Micro’s IoT Summit 2019 – GlobeNewswire” on September 03, 2019, also Globenewswire.com with their article: “Lantronix Accelerates Secure IoT Connectivity and Management for Medical Devices with the Introduction of SGX 5150-MD IoT Gateway – GlobeNewswire” published on November 14, 2018, Globenewswire.com published: “Lantronix CEO Jeff Benck Named “CEO of the Year” in Annual IoT Breakthrough Awards Program – GlobeNewswire” on January 08, 2019. More interesting news about Lantronix, Inc. (NASDAQ:LTRX) were released by: Globenewswire.com and their article: “Lantronix Acquires Maestro and FALCOM Holdings Limited – GlobeNewswire” published on July 08, 2019 as well as Globenewswire.com‘s news article titled: “Lantronix Appoints Margie Evashenk to Its Board of Directors – GlobeNewswire” with publication date: August 01, 2019.

Lantronix, Inc. (NASDAQ:LTRX) Institutional Positions Chart

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