November 28, 2016 - By Peter Erickson
The Lantronix Inc’s director Paul Folino bought – 5,744 shares of Lantronix Inc, based on the average share price which is $1.4 per each share. The mentioned shares not a long ago had a value of exactly $8,308 U.S Dollars. In the last 30 days, he also acquired 14,200 shares with a market value $19,807 USD. The investment was made public in a SEC filing on 28/11/2016. He owns 0.63% of the -company’s market cap or 110,912 shares.
Insitutional Activity: The institutional sentiment is 1 in 2016 Q2. Its the same as in 2016Q1. The ratio is the same, as 0 funds sold all Lantronix Inc shares owned while 6 reduced positions. only 0 funds bought stakes while 6 increased positions. They now own 2.15 million shares or 2.42% more from 2.10 million shares in 2016Q1.
Penbrook Management Lc holds 0.08% or 72,339 shares in its portfolio. Citadel Advsr Ltd reported 17,477 shares or 0% of all its holdings. Vanguard Grp Incorporated holds 0% of its portfolio in Lantronix Inc (NASDAQ:LTRX) for 380,754 shares. Roanoke Asset Ny owns 127,000 shares or 0.06% of their US portfolio. Blackrock Advisors Ltd Liability Co holds 0% of its portfolio in Lantronix Inc (NASDAQ:LTRX) for 9,095 shares. Guggenheim Ltd Llc has invested 0% of its portfolio in Lantronix Inc (NASDAQ:LTRX). Kennedy Cap Management last reported 283,788 shares in the company. Blackrock Institutional Tru Na owns 106,433 shares or 0% of their US portfolio. Herald Invest Ltd accumulated 0.24% or 602,307 shares. Ladenburg Thalmann Finance has 0% invested in the company for 2,338 shares. Grt Prtnrs Ltd Llc last reported 0.01% of its portfolio in the stock. California Public Employees Retirement owns 58,633 shares or 0% of their US portfolio. Manufacturers Life Insurance The owns 2,979 shares or 0% of their US portfolio. Northern Tru accumulated 12,240 shares or 0% of the stock. Goldman Sachs last reported 23,529 shares in the company.
Insider Transactions: Since November 17, 2016, the stock had 2 buys, and 0 sales for $28,226 net activity. PRINTER HOSHI also bought $8,419 worth of Lantronix Inc (NASDAQ:LTRX) on Thursday, November 17. FOLINO PAUL F had bought 14,200 shares worth $19,807.
The stock increased 2.08% or $0.03 on November 28, hitting $1.47. About 14,612 shares traded hands. Lantronix Inc (NASDAQ:LTRX) has risen 37.14% since April 25, 2016 and is uptrending. It has outperformed by 31.13% the S&P500.
Lantronix, Inc. is a provider of secure data access and management solutions for Internet of things and information technology (IT) assets. The company has a market cap of $25.36 million. The Firm organizes its products and solutions into three product lines, including IoT, IT Management and Other. It currently has negative earnings. The Company’s IoT products consist of IoT Gateways and IoT Building Blocks.
According to Zacks Investment Research, “Lantronix designs, develops and markets products that enable almost any electronic device to be controlled, configured or reprogrammed over the Internet and/or intranets. The company’s products connect these electronic devices to the Internet and/or intranets by using the infrastructure already in place to connect businesses and homes to the Internet, including fiber optic, Ethernet and wireless connections. Its primary products that connect electronic devices are its Device Servers and Multiport Device Servers.”
Analysts await Lantronix Inc (NASDAQ:LTRX) to report earnings on February, 21. They expect $-0.05 earnings per share, down 25.00% or $0.01 from last year’s $-0.04 per share.
Lantronix, Inc., incorporated on May 24, 2000, is a well-known provider of secure data access and management solutions for Internet of things (IoT) and information technology (IT) assets. The Firm organizes its products and solutions into three product lines: IoT, IT Management and Other. The Company’s connectivity solutions serves a range of industries, including data center, medical, security, industrial, transportation, retail, financial, environmental and government. The Company’s IoT solutions are sold to original equipment manufacturers (OEMs), original design manufacturers (ODMs), contract manufacturers and distributors. The Firm conducts its business in approximately three geographic regions, including the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific Japan (APJ).
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